First National Bank to move headquarters to former Civic Arena site

SPACE WILL TRANSFORM THE CITY’S LANDSCAPE. MARCIE: THE SPOT YOU ARE LOOKING FILLED WITH CARS AT BEDFORD AVENUE AND WASHINGTON PLACE HERE IN THE LOWER HILL WILL SOON LOOK LIKE THIS. A 24 STORY BUILDING BEING CALLED A SKYLINE SHAPING DEVELOPMENT, WHICH WILL ANCHOR WHATS HEADED HERE TO THE SITE OF THE FORMER CIVIC ARENA. >> THIS IS UNLIKE ANYTHING WE’VE EVER SEEN IN THE CITY. MARCIE: THE IMAGE YOU ARE LOOKING AT SHOWS A GLIMPSE IN TO WHAT WILL SOON FILL THE SITE NEXT TO PPG PAINTS ARENA. IT WILL INCLUDE OFFICE SPACE , RETAIL SPACE WITH DINING AND FITNESS AREAS, RESIDENTIAL SPACE , A PARKING GARAGE, GREEN SPACE AND OPEN PLAZAS WHERE THE COMMUNITY WILL BE INVITED TO COME TOGETHER. KEVIN: THIS WILL BE AN ATTRACTIVE PLACE FOR RESIDENTS, FOR OFFICE TENANTS AND THEIR EMPLOYEES TO LOCATE WITH A LOT OF ENERGY, SEVERAL HUNDRED THOUSAND SQUARE FEET OF RETAIL INCLUDING A FOOD HALL WITH A MUSIC VENUE WITH LIVE MUSIC AT APPROPRIATE TIMES AS WELL AS RESTAURANTS. MARCIE: AND OFFICIALS WITH THE PITTSBURGH PENGUINS WHO HAVE THE DEVELOPMENT RIGHTS SAY FIRST NATIONAL BANK FINANCIAL WAS THE RIGHT CHOICE FOR THE PROJECT. THEIR CEO IS A PITTSBURGHER WHO SAYS HE’S COMMITTED TO THE CITY AND CREATING THE RIGHT LOOK. >> I THINK IT IS GOING TO BE SOMETHING THAT THE CITY AND THE HILL DISTRICT CAN BE PROUD OF. MARCIE: VINCENT DELIE CEO OF FNB CORPORATION SAYS THEY WORKED HARD ON INCORPATING THE BUILDING INTO THE SKYLINE. VINCENT: WE’RE GONNA BUILD SOMETHING THAT INTEGRATES IN BUT STANDS OUT, SO WE THOUGHT A GREEN BUILDING THAT IS MORE REFLECTIVE SO THAT IT REFLECTS THE SKYLINE. MARCIE: AND WORK ON THE TOWER HERE, PENS OFFICIALS SAY, WILL CREATE MORE THAN 1300 CONSTRUCTION JOBS, AND BUSINESSES IN THE BUILDING WILL EMPLOY MORE THAN 2000 PEOPLE. AND PENGUINS OFFICIALS SAY THIS PLAN BRINGS EVEN MORE TO THE HILL DISTRIC FMV CONTINUES TO OCCUPY UNTIL 2022. I WORKED -- REACHED OUT TO THE DEVELOPMENT ORGANIZATIONS WHO HAVE BEEN VOCAL ABOUT THE DEVELOPMENT OF THIS SITE AS WELL AS THE COUNCILMAN WHO REPRESENTS

First National Bank will be moving its corporate headquarters to the former Civic Arena site in Pittsburgh's Lower Hill District.FNB Corp., the parent company of First National Bank, and the Pittsburgh Penguins, who have development rights, have announced that FNB will be the anchor tenant of a new 24-story, mixed-use tower. "This is unlike anything we've ever seen in the city," said Kevin Acklin, general counsel for the Pittsburgh Penguins. The project will contain over 387,000 square feet of office space, over 20,000 square feet of multilevel retail space and a two-story parking structure. The green space adjacent to FNB Financial Center also will be named The Plaza at FNB Financial Center, where the company says it plans to host various community events.It will be located at the corner of Washington Place and Bedford Avenue. "FNB has successfully served residents and businesses across Western Pennsylvania for more than 150 years and is proud to call Pittsburgh home," said Vincent J. Delie Jr., chairman, president and chief executive officer of FNB Corp. and First National Bank. "Being raised in Pittsburgh, I have experienced the city at its highest and lowest points, including its continued progression to becoming a globally recognized destination for innovation, culture and equality. That's why it's important to me and the entire FNB team to be an instrumental part of Pittsburgh's next Renaissance that will further revitalize the region and work toward improving the quality of life for our communities. FNB Financial Center will serve as the cornerstone for our local teams to join together, trade ideas and knowledge, interact with the local community and make a positive impact in the city we call home."Acklin said the project will also offer more to the Hill District neighborhood."There is $9 million of a tax incentive that will go for further development in the Middle and Upper Hill District to do everything from infrastructure to affordable housing to investing in that community," said Acklin.The project is scheduled to be complete in 2022.See a rendering of the building in the image below.

PITTSBURGH —

First National Bank will be moving its corporate headquarters to the former Civic Arena site in Pittsburgh's Lower Hill District.

FNB Corp., the parent company of First National Bank, and the Pittsburgh Penguins, who have development rights, have announced that FNB will be the anchor tenant of a new 24-story, mixed-use tower.

"This is unlike anything we've ever seen in the city," said Kevin Acklin, general counsel for the Pittsburgh Penguins.

The project will contain over 387,000 square feet of office space, over 20,000 square feet of multilevel retail space and a two-story parking structure.

The green space adjacent to FNB Financial Center also will be named The Plaza at FNB Financial Center, where the company says it plans to host various community events.

It will be located at the corner of Washington Place and Bedford Avenue.

"FNB has successfully served residents and businesses across Western Pennsylvania for more than 150 years and is proud to call Pittsburgh home," said Vincent J. Delie Jr., chairman, president and chief executive officer of FNB Corp. and First National Bank. "Being raised in Pittsburgh, I have experienced the city at its highest and lowest points, including its continued progression to becoming a globally recognized destination for innovation, culture and equality. That's why it's important to me and the entire FNB team to be an instrumental part of Pittsburgh's next Renaissance that will further revitalize the region and work toward improving the quality of life for our communities. FNB Financial Center will serve as the cornerstone for our local teams to join together, trade ideas and knowledge, interact with the local community and make a positive impact in the city we call home."

Acklin said the project will also offer more to the Hill District neighborhood.

"There is $9 million of a tax incentive that will go for further development in the Middle and Upper Hill District to do everything from infrastructure to affordable housing to investing in that community," said Acklin.

The project is scheduled to be complete in 2022.

See a rendering of the building in the image below.

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First National Bank to move headquarters to former Civic Arena site

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