Developer breaks ground on 90,000 square foot ‘Innovation Pointe’ in Marshall Township
Developers broke ground Thursday on a 90,000-square-foot “speculative” office development in Marshall Township.
Innovation Pointe, an $18 million project in the Allegheny County Regional Industrial Development Authority’s Innovation Ridge campus, will be located on 9 acres surrounded by woods at the property’s highest point.
Developers say the project is being designed with “a significant attention to the environment.”
The RIDC, which owns the Innovation Ridge technology and office park, has set aside half of the campus’ 223 acres for conservation areas, green space, forested areas and landscaped buffer zones.
The project is being designed by Cincinnati, Ohio-based Al. Neyer, which also will serve as the construction managers.
To address environmental concerns, they will create a grading plan that preserve wetlands and slopes and include a recreational trail through the site.
“This is a terrific site for a corporate headquarters or office center,” said Bob Randall, president of Innovation Center Associates. “I am confident that it will attract first class companies that care to provide their team members with a quality place and space to work.”
The building being designed also will have energy efficient features to garner a rating of “Silver” from LEED, or the Leadership in Energy and Environmental Design.
LEED certified buildings must adhere to strict energy efficiency guidelines set by the United States Green Building Council.
Donald Smith, president of the RIDC, said Innovation Ridge “has enormous potential.”
“It’s located in one of the fastest growing areas of our region and an easy commute via I-79, the PA Turnpike and other major thoroughfares,” he said. “It is exciting to see a forward-looking developer showing confidence in the future of our region and our economy — making a significant investment in what we all believe will be new business activity, jobs and economic development.”
So-called “speculative” buildings are constructed without a specific tenant in mind. Instead, they are placed on the open market for leasing once the project is nearing completion.
The building is expected to be ready for occupancy by the end of 2019.
Tony LaRussa is a Tribune-Review staff writer. You can contact Tony at 724-772-6368 or [email protected] or via Twitter @TonyLaRussaTrib.