News
Pittsburgh's 'AI strike team' wants to reach 100K tech jobs by 2028
An "AI strike team" is seeking to make Pittsburgh a top-tier hub for AI work, with the goal of building to 100,000 tech jobs by 2028, according to planning documents shared with the Pittsburgh Post-Gazette. Read more
Coming Soon: The Jones Tower
Located at 2100 Jane Street, the 8-story building will be transformed into The Jones Apartments consisting of studio, one and two bedroom units crafted for comfort, style and modern convenience. Read more
Walnut Capital's Year in Review: 2024
As we reflect on 2024, Walnut Capital is proud to celebrate a year of incredible milestones, innovation, and growth. From national awards to transformative projects in Pittsburgh, we are excited to share the highlights that define our commitment to building thriving communities. Read more
Bakery Square Wins Money Move of the Year in the 2024 Technical.ly Awards
"The expansion at Bakery Square will bring good-paying jobs to our community and uplift our local economy, ensuring that the benefits of growth reach every corner of Allegheny County." Read more
Walnut Capital's Todd Reidbord outlines plans for former UPMC Mercy South Side site
The company is working on a redevelopment plan for the former UPMC Mercy South Side campus, a property that a Walnut Capital affiliate paid over $9 million for. Reidbord and his team are in the early stages of carrying out that residential redevelopment. Read more
Bakery Square Courtyard Winner of 2024 PGH Design Award
The Pittsburgh chapter of the American Institute of Architects gathered to explore this question at Carnegie Music Hall for the 41st annual Design Pittsburgh awards on Friday, Nov. 8. The awards honor sustainability, social impact, masonry and more in local architecture and design. Read more
Pittsburgh is One of America's Most Livable Cities: Walnut Capital Helps You Make the Most of It
Dreaming of a city that feels like home the moment you arrive? Welcome to Pittsburgh! Recently ranked the #8 most livable metro area in the U.S. by RentCafe, our steel-town-turned-innovation-hub has mastered the art of livability. Read more
State awards nearly $86 million in grants for local projects, including Bakery Square expansion
A proposed $850 million expansion of Bakery Square is ready to roll with the award of a $5 million state redevelopment assistance capital grant. Read more
Walnut Capital signals new RACP funding for Bakery Square to green light 10-story development along Penn Ave.
A rendering of a new 10-story, mixed-use building Walnut Capital is preparing to move forward on at its Bakery Square Connector site in the East End now that it has received a $5 million state grant. Read more
AI Horizons Summit and NVIDIA's New Initiative Set Pittsburgh on a Path to Tech Leadership
Pittsburgh is gaining recognition as a major player in the world of artificial intelligence, thanks to the recent AI Horizons Summit and a groundbreaking new initiative by NVIDIA. Read more
Gov. Josh Shapiro to headline an AI event in Pittsburgh's Bakery Square
Mr. Shapiro will headline an October summit in Bakery Square called AI Horizons that is part of an ongoing effort by local developers and companies to enhance the city's reputation as a technology powerhouse. The governor is a potential running mate of Vice President Kamala Harris. Read more
Walnut Capital pitches half-billion-dollar Bakery Square expansion plan
Expansion would include the Village of Eastside shopping center and the former Club One Fitness site. Read more
Move over Google: Bakery Square is becoming a place for AI companies
The former Nabisco plant in Larimer once served as a leader in baking technology. Now it's fast becoming a home for a 21st century form of high tech -- artificial intelligence. Read more
Feds sending $2M to reconnect East Liberty, Bakery Square
Allegheny County will receive $2 million in federal funds to connect the East Liberty Transit Station with the East Liberty business district and Bakery Square, now cut off from the station by a busway. Read more
Walnut Capital Clinches 5th Place: Rocking the 2024 Kingsley Excellence Awards!
We're thrilled to announce that Walnut Capital has earned a spot in the prestigious Elite 5 of the 2024 Kingsley Excellence Awards! Securing 5th place overall, this recognition celebrates our commitment to consistently surpassing industry benchmarks and providing exceptional customer service. Read more
Walnut Capital's Year in Review: 2023
2023 at Walnut Capital? We snagged another 'Top Place to Work' title, won awards for our leasing and maintenance professionals, spiced things up with City Kitchen and Sheetz at Bakery Square, and initiated transformative projects. It's been a year of growth and good vibes in Pittsburgh. Read more
Walnut Capital taps contractor and architect for 5.5 acre South Side development plan
The real estate developer working to transform a former hospital complex on the South Side has named the contracting and architecture firms it'll rely on for the conversion of 5.5 acres of land into residential use over the coming years. Read more
Walnut Capital Named Top Place to Work in Pittsburgh for the Third Consecutive Year
We're excited to share that our team has voted us a Top Place to Work in Pittsburgh for 2023! This recognition comes straight from the heart of our organization - our employees. Read more
The Washington at Chatham Joins Our Premiere Property Portfolio
We couldn't be more thrilled and excited to introduce the latest addition to our array of luxury apartments: The Washington at Chatham. With meticulously restored architecture and a wide range of contemporary amenities, The Washington at Chatham will surely become the pinnacle of luxury living. Read more
Local Owner of Two Galley - Bakery Square Kitchens to Launch a New, Elevated Food Hall Concept
Local Owner of Two Galley - Bakery Square Kitchens to Launch a New, Elevated Food Hall Concept at Bakery Square called City Kitchen. Read more