PRA Post

PRA Post is the Pittsburgh Region’s Economic Development Newsletter


November 2017

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Renderings of proposed facilities from Allegheny Health Network (left) and UPMC (right)

Healthcare Giants Announce Investments of More Than $3 Billion in Pittsburgh Region

Adding to a year of impressive growth, healthcare giants Allegheny Health Network (AHN) and UPMC announced massive investments in the Pittsburgh region for expansions and infrastructure improvements totaling more than $3 billion and resulting in 800-plus jobs.

UPMC has plans to build three specialty hospitals – a 300,000-square-foot UPMC Vision and Rehabilitation Hospital in the city’s Uptown section; a 15-story, 620-bed UPMC Heart and Transplant Hospital in Oakland; and a 400,000-square-foot UPMC Hillman Cancer Hospital (patient tower and outpatient center) in Shadyside.

AHN will invest $700 million in new facility construction and existing facility expansion over the next five years in the Pittsburgh region. The network will open a 160-plus bed, full-service hospital in Pine Township (Allegheny County) and has partnered with neighborhood hospital developer Emerus to build additional facilities across the region. This investment complements the $200 million in capital investments announced earlier this year to support a new academic cancer institute cancer.

Read more on AHN’s Investment | Read more on UPMC’s investment



 

Here’s what’s being said about Pittsburgh’s HQ2 story


Pittsburgh Showcases Region’s Strengths through Amazon HQ2 Proposal
“The regional partnership formed to pursue the Amazon HQ2 opportunity submitted the region’s proposal for Pittsburgh to host Amazon’s second headquarters.”
Read more

New York Times Names Pittsburgh a Top Contender for Amazon’s Second Headquarters
“Cities like Pittsburgh are rich in underutilized historic buildings and neighborhoods that could be imaginatively repurposed, offering Amazon the opportunity to be a transformative force, something that seems to be part of the company’s DNA.”
Read more


Moody’s Ranks Pittsburgh High on Its Potential to Deliver Amazon HQ2
“If one data-driven study is to be believed, Pittsburgh might have a good shot of landing Amazon’s HQ2, according to Moody’s Analytics list of top candidates.”
Read more


More Economic Development News


Involta LLC Opens Nearly 40,000 SF Data Center in Armstrong County, Plans 10 New Jobs
“Involta, LLC – a national provider of data center, technical and managed technical services – recently celebrated the completion and opening of its nearly 40,000-square-foot data center in Northpointe Business Park, located in Armstrong County, Pa.”
Read more


Pittsburgh-Based Near Earth Autonomy Lands Investment from Boeing’s VC Arm, Horizon X
“Boeing’s Chicago-based venture arm, HorizonX, has invested in another Pittsburgh-based company. The autonomous aerospace startup, Near Earth Autonomy, will partner with Boeing to help foster its development of unmanned flight systems.” Read more


Highmark’s Allegheny Health Network Announces $1 Billion Expansion
“Highmark Health will spend $1 billion to expand its Allegheny Health Network hospital chain, including a new 160-bed hospital in Pittsburgh’s North Hills, four smaller neighborhood hospitals and renovations to existing hospitals.” Read more


San Francisco-Based LendingHome Expands Operations in Pittsburgh, Plans 50 New Tech Jobs
“Headquartered in San Francisco, LendingHome is expanding its operations in Pittsburgh, locating in Nova Place on Pittsburgh’s Northside. The company plans to bring a total of 50 well-paying financial technology jobs over the next year.” Read more


Carnegie Mellon University Advanced Manufacturing to Anchor Mill 19 Building at Hazelwood Green
“Two advanced manufacturing centers started by Carnegie Mellon University will fill most of a new building inside a massive abandoned steel mill in Hazelwood Green (formerly Almono).” Read more

Learn Why Almono Changed its Name to Hazelwood Green


Qatar Airways Cargo Selects Pittsburgh as North American Cargo Destination
“Qatar Airways Cargo – the world’s third largest international cargo carrier – has recently launched its cargo service to Pittsburgh International Airport, serving as the airport’s first international cargo flight.” Read more


Pennsylvania Approves $87 Million Contract for Section of Southern Beltway
“The Pennsylvania Turnpike Commission approved an $87 million contract with Beaver Excavating Co. to build a 1.82-mile stretch of the Southern Beltway – a 13-mile highway that will connect Route 22 to Interstate 79.” Read more


Construction of $22 Million, 105,000 SF Office Building Planned in the Strip
“Bridgeville-based RDC Inc. is ready to get construction rolling on a $22 million, four-story, 105,000-square-foot office building – dubbed District Fifteen – in the Strip District at 15th and Smallman Streets near the produce terminal.” Read more


Forbes Hospital Breaks Ground on $16 Million Perioperative Center in Monroeville
“Highmark Health’s Allegheny Health Network breaks ground on a $16 million, 50,000-square-foot perioperative center at Forbes Hospital in Monroeville.” Read more


Westmoreland County Commissioners Approve $3.9 Million Railroad Rehab Project
“Westmoreland County’s century-old railroad is getting a rehab. Tracks along the freight line will be replaced as part of a $3.9 million project recently approved by the county commissioners.” Read more


Chapman Properties Completes 73,920 SF Industrial Building, Plans Second in 2018
“Pittsburgh-based Chapman Properties completed construction of a state-of-the-art, 73,920-square-foot industrial building at its 318-acre business park near Pittsburgh International Airport, with another of same size on the way in 2018.” Read more


AgriMed Breaks Ground on 16,000 SF Facility in Greene County
“Local and state officials joined AgriMed partners to celebrate the ceremonial groundbreaking of its planned 16,000-square-foot facility, a more than $5 million investment.” Read more


Gas Exploration Company, Huntley and Huntley’s, Begins First Natural Gas Drilling Project
“Oil and gas exploration company Huntley & Huntley will construct a well pad for its first Marcellus Shale drilling project in Plum.” Read more


New 107-Room Hotel Near Cracker Plant Site Opens
“The 107-room Home2 Suites Beaver Valley recently celebrated a grand opening. The hotel, developed by Millcraft Hospitality, is located near the site of Royal Dutch Shell’s ethane cracker plant in Potter Township.” Read more


Strip District-Based AI Startup, Petuum Inc., Raises $93 Million
“Petuum Inc., a machine learning startup led by a Carnegie Mellon University professor specializing in artificial intelligence, has raised $93 million in its recent Series B funding round.” Read more


JazzHR Closes Funding Round with More Than $6.6 Million
“JazzHR, a Pittsburgh-based recruiting solutions company, recently closed its funding round after raising more than $6.6 million.” Read more


Washington County’s UMWA Career Centers Inc. Receives $1.7 Million U.S. Economic Development Association Grant
“UMWA Career Centers Inc., a Washington County career center retraining miners, received a $1.7 million federal grant for renovations from the U.S. Economic Development Association.” Read more


University of Pittsburgh Receives $1.3 Million Bioengineering Grant
“The National Institutes of Health has awarded a $1.3 million grant to bioengineering professor Lance Davidson at the University of Pittsburgh’s Swanson School of Engineering.” Read more


University of Pittsburgh Awarded $777,192 in Additional Funding for Research Improving Gas Turbines with 3D Printing
“University of Pittsburgh Swanson School of Engineering professors, Dr. Minking Chyu and Mary Orr, have received $777,192 for a gas turbine and 3D printing study from the U.S. Department of Energy.” Read more


PLSG Awarded $500,000 Federal Grant for Health Information Technology
“The Pittsburgh Life Sciences Greenhouse (PLSG) was awarded a $500,000 federal grant from the U.S. Department of Commerce’s i6 Challenge to expand cluster-based health information technology programs.” Read more


Sewickley-Based IAM Robotics Lands $500,000 Investment from Silicon Valley-based NewGen Capital
“Sewickley-based IAM Robotics announced that it landed a $500,000 investment from NewGen Capital, a Silicon Valley-based early-stage investor.” Read more


Westmoreland County Industrial Development Corporation Receives $305,000 in Grant and Loan Funding
“The Westmoreland County Industrial Development Corporation announced that West Penn Power Sustainable Energy Fund has committed a $285,000 loan and a $20,000 grant to support building renovations at The Corner, an entrepreneurial center located in downtown New Kensington.” Read more




Google to Invest $250,000 in Regional Nonprofits
“Google executives recently announced at the company’s Pittsburgh headquarters more than $1 billion in global funding for nonprofits, including $250,000 in grants for the Impact Challenge Pittsburgh initiative, which asks area nonprofits to submit their most innovative ideas to grow economic opportunity.” Read more


Indiana University of Pennsylvania Awarded $212,000 National Security Agency Grant for Cybersecurity Education
“A team of faculty from Indiana University of Pennsylvania was awarded a $212,000 grant from the National Security Agency for a project that will develop a skilled cybersecurity workforce in the region.” Read more


Pittsburgh-Based RE2 Robotics Wins $125,000 U.S. Navy Contract for Autonomous Loading System
“RE2 Robotics will receive $125,000 from the U.S. Navy to design an autonomous cargo loading and unloading system.” Read more


NFL Grants $100,000 to Pittsburgh-Based Company, 2nd Skull, for Concussion Protection Technology
“Pittsburgh-based company 2nd Skull – manufacturer of PORON XRD, a thin skullcap meant to protect from concussions – received a $100,000 grant from the NFL to improve the product.” Read more


Excela Health Latrobe Hospital Received $50,000 Grant from West Penn Power Sustainable Energy Fund to Improve Energy Efficiency
“Excela Health Latrobe Hospital has received a $50,000 grant from the West Penn Power Sustainable Energy Fund to improve its levels of energy efficiency.” Read more


Lawrenceville, East Liberty Makes Money’s List of “10 Coolest Neighborhoods in America Right Now”
Lonely Planet and Time Magazine collaborated to pinpoint America’s coolest neighborhoods. The top winners are in Pittsburgh — Lawrenceville and East Liberty.” Read more


Pittsburgh Ranks Third on MarketWatch.com’s List of “10 Cities Where the Pay is Good and the Rent is Cheap.”
“Considering a midsize city where your paycheck will go the furthest? MarketWatch.com has identified 10 cities and Pittsburgh lands at No. 3.” Read more


Pittsburgh Ranks High on SmartAssets’ “Most Affordable Cities” List
“Pittsburgh ranks as the fourth most affordable city in the U.S., according to a study of nationwide real estate data by SmartAsset.” Read more


From Steel City to STEM City: Why Smart Millennials Are Making Pittsburgh Home
“Pittsburgh has become an unlikely hotspot for young professionals. Here’s why millennials are flocking to the city, and more importantly, why they’re staying.” Read more


Pittsburgh Named one of the Best Places to Retire by U.S. News & World Report
“Looking forward to retirement? According to U.S. News & World Report’s 2017-18 Best Places to Retire list, you might want to consider Pittsburgh.” Read more


Carnegie Mellon University among Top Innovators for Urban Universities
“A report by the Brookings Institution found Carnegie Mellon University among the list of ‘downtown’ universities that have an impact on innovation.” Read more


Shell’s Ethane Cracker Brings More Than a $6 Billion Boost to Pittsburgh Region
“The Shell Chemicals ethane cracker plant in Beaver County is more than just a $6 billion infusion into the western Pennsylvania economy. It’s the beginning of a manufacturing resurgence for the region.” Read more


Pittsburgh International Airport Has Busiest Summer Since 2007
“Due to expanded airline capacity and additional international and domestic flights, Pittsburgh International Airport has had its busiest summer in more than a decade.” Read more


Power of 32 Loan Fund Seeks Development Projects
“The Power of 32 Site Development Fund – a $49 million fund, launched in 2014 – is seeking to provide money to close funding gaps in the capital stack for site preparation activities, particularly in Ohio.” Read more


WV’s Trimodal Terminal Site, with Power of 32 Site Development Fund’s Support, Receives Award for Environmental Impact
“The Power of 32 Site Development Fund’s first investment loan, Trimodal Terminal – an 80-acre remediated brownfield site located in Follansbee, W.Va. – is already paying off. Beyond improvements enhancing site marketability, the site was recently awarded the 2017 West Virginia Brownfields Award for Environmental Impact.” Read more

 


OPPORTUNITIES

ImaginePittsburgh.com HOT Job Listings
Companies are investing and growing in the Pittsburgh region and creating opportunity for top talent, including for the positions below:

Go to ImaginePittsburgh.com to check out more jobs, learn about the region’s employers and industries and explore the region’s great live, play, and learn options.

 


 

EVENTS


November 8Special Cybersecurity Session Presented by the FBI and EMB Computing
Presented by the Indiana County Chamber of Commerce and hosted by EmB Computing. You’re invited to the Chamber’s “Brains & Gains on Cybersecurity” event featuring special guest speaker Michelle Pirtle from the Federal Bureau of Investigations. Held at St. Andrew’s Village from 8:30 – 10:00 a.m.; cost to attend is $20 for chamber members, $25 for future members.

 

November 8Corridors of Opportunity: Westmoreland County
Join the Pittsburgh Business Times for its Corridors of Opportunity series highlighting Pittsburgh’s most important growth corridors with a panel discussion on business opportunities in Westmoreland County. Panelists include David Reese, owner of Commercial Choice Realty; Brother Norman Hipps, president, Saint Vincent College; and Jason Rigone, director of planning & development, executive director of Industrial Development Corporation. Held at the Ramada Greensburg Hotel and Conference Center from 11:30 a.m. – 1:30 p.m., cost to attend is $65. Reserved tables of 10 available for $799.

 

November 8Understanding the Big Picture: Data Analytics & Your Small Business
Presented by the University of Pittsburgh’s Institute for Entrepreneurial Excellence. Join Andy Hannah, CEO of Othot and Adjunct Professor at the University of Pittsburgh, and learn how to prepare a strategic plan, leveraging analytics to have a significant impact on your ROI. Be proactive in understanding advanced data and analytics without having to make insurmountable investments. Held at the Rivers Club from 8:00 – 10:00 a.m., cost to attend is $25.

 

November 8Pittsburgh 2025
Presented by PNC Bank. With innovation and technology rapidly influencing Pittsburgh’s trajectory, what will the city look like in 2025? What will we make here? With a panel of distinguished guests – including Allegheny County Executive Rich Fitzgerald, PNC Bank Pittsburgh Regional President Lou Cestello and Pittsburgh Technology Council CEO Audrey Russo – this event will take a closer look at what advancements are on the horizon and how our brightest and best talent is reshaping our region’s story. Held at the Heinz History Center at 6:00 p.m., the event is free to attend. Pre-register at promo.post-gazette.com/townhall or call 412-263-1541.

 

November 92017 Smart 50 Awards Pittsburgh
The Smart 50 Awards, presented by Arthur J. Gallagher & Co. and hosted by Smart Business, will recognize the top executives of 50 companies in the Pittsburgh region for their innovation, impact, sustainability to create business continuity and ability to effectively build and lead savvy organizations. Held at the Fairmont Pittsburgh Hotel from 5:00 – 8:30 p.m.; cost to attend is $90 for an individual ticket, $850 for a table of 10.

 

November 10Women Business Leaders Breakfast Series
Chatham University Center for Women’s Entrepreneurship’s Women Business Leaders Breakfast Series features prominent regional women business leaders speaking on a variety of progressive business topics. Join them this month on the topic of “The Strategic Women Thinkers Behind Everyday Brands” with guest panelists: Lisa Nolen Birmingham, vice president, Comcast; Stephanie Cohen, vice president of strategic planning, FedEx Ground; and Mary Kay Modaffari, CEO & chief service officer, ServicEffect (formerly Partner of Brunner Advertising). Held at the James Laughlin Music Center from 8:00 – 9:30 a.m.; cost to attend is $25, $12 for veterans and students.

 

November 13Active Transportation and Real Estate: The Next Frontier
“Active Transportation and Real Estate: The Next Frontier” explores the interconnections among walking, bicycling and real estate. All involved in real estate decision-making should attend this unique breakfast program featuring a table talk with Pittsburgh trailblazers: Scott Bricker of Bike Pittsburgh; Angela Martinez, City of Pittsburgh Department of Mobility and Infrastructure; Ken Zapinski of the Allegheny Conference on Community Development; Rebecca Flora of ReMake Group; Chris Sandvig of Pittsburgh Community Reinvestment Group; Adams Carroll of Healthy Ride Pittsburgh; and Breen Masciotra of Port Authority of Allegheny County. Ed McMahon, senior resident fellow and Charles E. Fraser chair for Sustainable Development and Environmental Policy at the Urban Land Institute will give the keynote address. Held at the Rivers Club from 8:00 – 10:00 a.m.; cost to attend is $50 for members, $70 for non-members. Click to download a printable registration form.

 

November 14Breakfast Briefing: “Allegheny County’s next Boom Town”
Presented by the Pittsburgh Business Times. Attend a discussion with an esteemed panel of Pittsburgh’s leading executives as they speak about how the new Southern Beltway will connect the Pittsburgh International Airport to I-79 and create the new Technology Triangle. Panelists include State Representative Jason Ortitay, Allegheny County Executive Rich Fitzgerald, CEO Pittsburgh International Airport/Allegheny County Airport Authority Christina Cassotis, Senior Managing Director Integra Realty Resources Paul Griffith, President Burns Scalo Development Jim Scalo and South Fayette Township Commissioner Gwen Rodi. The event will be held at the Beacon I from 7:30 – 9:30 a.m.

 

November 14How to Grow Your Business with a PowerLink Advisory Board”
Presented by the Pittsburgh Airport Area Chamber. Learn how to grow your business and achieve big revenue goals with a PowerLink Advisory Board and watch real-life business growth issues get solved during this workshop. Held at the North Fayette Community Center from 9:30 – 11:30 a.m., cost to attend is $20 per person.

 

November 14Capturing the Next Economy: Pittsburgh’s Rise as a Global Innovation City
Presented by the Pittsburgh Venture Capital Association (PVCA). Attend a luncheon with the PVCA featuring Scott Andes, fellow with the Anne T. and Robert M. Bass Initiative on Innovation and Placemaking at the Brookings Institution. Andes will discuss the Brookings report and Pittsburgh’s opportunity as a global innovation city: what that means and the hurdles that exist to keeping the city from getting there. Held at Fairmont Pittsburgh from 11:45 a.m. – 2:00 p.m.; cost to attend is $55 for members, $115 for non-members.

 

November 15NAIOP Chapter Meeting: The Future of Natural Gas & Electric Utilities
Join NAIOP Pittsburgh for this month’s chapter meeting featuring guest speaker Morgan O’Brien, president & CEO of Peoples Natural Gas. The topic is “The Future of Natural Gas & Electric Utilities & the Impact on Commercial Real Estate Development.” Held at the Omni William Penn Hotel beginning at 7:30 a.m.; cost to attend is free for members, $40 for non-members.

 

November 16Huntington Breakfast Briefing: President & CEO, #1 Cochran
The Pittsburgh Technology Council is pleased to present Rob Cochran, President and CEO of #1 Cochran Automotive as guest for its Huntington Breakfast Briefing. Cochran has built a team-based culture focused on customer service and entrepreneurialism. He’ll tell the story of his journey, how he strives to provide the best customer service through Cochran’s Clearly Better Car Buying experience, and the role that technology has played in the company’s expansion. Held at the Westin Convention Center from 7:00 – 9:15 a.m.; cost to attend is $55 for members, $175 for non-members.

 

November 29Tri-State Shale Summit
Mark your calendars for this year’s Tri-State Shale Summit, located in the beautiful Stark State College Downtown Campus. The event will include regional updates and focused sessions on: transportation and infrastructure, marketing in the region, research and innovation, commercialization and workforce development. Visit tristateshalesummit.com for more information.

 

December 7Huntington Breakfast Briefing: President & CEO, Oberg
The Pittsburgh Technology Council is pleased to present David Bonvenuto, president and CEO of Oberg Industries Inc. for its December Huntington Breakfast Briefing. Bonvenuto will discuss how Oberg is applying technology innovation and how itsworkforce development initiatives are developing a highly skilled manufacturing workforce that is enabling the company to add capabilities, capacity and new products. Held at the Rivers Club from 7:00 – 9:15 a.m.; cost to attend is $55 for members, $175 for non-members.

 

December 122018 TRENDS Emerging Trends in Real Estate featuring Patrick Phillips
The 39th Annual Emerging Trends in Real Estate is based on insights from hundreds of industry leaders and is the most highly regarded and widely read forecast report in the real estate industry. Join the discussion and hear how national economic and real estate trends are playing out in the Pittsburgh area from our panel of local experts. Keynote speaker is Patrick Phillips, global CEO of the Urban Land Institute. Held at the Fairmont Pittsburgh Hotel from 8:00 – 10:00 a.m.; cost to attend is $55 for members, $75 for non-members. Click to download a printable flyer and registration form.