A Well-Known Transformational Development
With more planned for the future.
The campus is home to office tenants like Google, UPMC, University of Pittsburgh, CMU Software Engineering Institute and is also home to several national retailers like Anthropologie, Free People and West Elm as well as local restaurants like Alta Via Pizzeria, tako torta, Golden Gai, and City Kitchen. The development is always growing and changing to adapt to the need for more office and community spaces.
2025 Year in Review
If there's one word to describe 2025 at Walnut Capital, it's momentum. We built, we grew, and most importantly, we continued creating places where people genuinely want to live, work, and gather.
Walnut Capital introduces smaller Bakery Square Connector apartment project amid "triple whammy" of challenges
Walnut Capital is moving forward with plans for its first new development project at its Bakery Square Connector site, a 14-acre swath along Penn Avenue approved for a master plan development that extends from Bakery Square to the open lot across from the recently completed Meridian redevelopment.
Upgrades aim to unite Pittsburgh's AI Avenue
Pittsburgh's Penn Avenue, dubbed AI Avenue, is getting a major upgrade to link Duolingo and Google. With new developments, expanded Bakery Square, and infrastructure improvements, leaders aim to transform it into a thriving hub for the city's growing AI and tech scene.