Almono Has A New Name And A Likely Anchor Tenant
Pittsburgh’s last large riverfront property, Almono, got a new name today: it will now be called Hazelwood Green.
The Regional Industrial Development Corporation, or RIDC, owns the site’s old mill building, Mill 19. RIDC’s Senior Vice President for Development Tim White said RIDC is negotiating a lease with the Advanced Robotics for Manufacturing Institute, or ARM, to be Mill 19’s first tenant.
Founded by Carnegie Mellon University, ARM is a joint venture of CMU, industry, government and the nonprofit sector aimed at making industrial robots more accessible and affordable for businesses.
"Our hope is that we'll finalize negotiations on a lease and be able to announce their plan to move in in the coming weeks," said White. “The work going on right now is the remediation and cleanup of what we call the ‘exoskeleton,’ so we’re removing the roof, the panels, cleaning the structure and preparing it for new building development.”
Mill 19 will be completed in three phases, totaling 250,000 square feet of new building underneath the exoskeleton. The first phase is expected to break ground in spring of 2019.