What’s Happening at the BDC!
Current News
- URA investment in high-tech firm Aetheon is paying off
- At the URA, It's Easy Being Green
- URA helps Rothschild Doyno go green...
- Good Apples receives URA enterprise zone loan, expands Strip District operations
- Two SMC-Members Link Hands on Expansion Project
- URA goes green...
- URA borrowers Aethon & McKesson nominated for Tech 50 awards
- Manufacturer receives URA funds to expand Strip District operations
- Pittsburgh Technology Center will bring 400-plus new jobs
- Downtown's Piatt Place reaches 35% sales mark, welcomes 10,000 sf Capital Grille
- Roberto Clemente Museum opens in Lawrenceville building improved and aquired with help of BDC investment
- Commercial Highland Park street rebounding
- $950K Blackbird Artist Studios welcomes new tenant, reaches 50% occupancy
- EastSide development the subject of national ULI panel in Beverly Hills
- BDC remembers its roots; the BDC's Anita Stec shares her thoughts!
- Bio Tech is alive and well in Pittsburgh; the URA helps facilitate this growing regional strength
- BDC borrower set to bring health and fair trade to Oakland
- URA continues to redevelop Downtown
- BDC/URA funded and LEED certified developments Blackbird Artist Lofts, Eastside, and Encore on 7th part of Pittsburgh Green Building Alliance's "GreenSense" conference
- Three PNC announces hotel operator
Through a suite of loan programs,
the URA's Business Development Center (BDC) helps Pittsburgh businesses leverage the capital necessary for their growth and success. Whether your business is building a new facility to accommodate expansion, seeking working capital to underwrite growth, purchasing or leasing new equipment, or all three, the URA is ready to assist.
The BDC offers a variety of ‘gap’ loan financing products and has a network of technical assistance providers to achieve this mission. We will work with most any business and lender to make good deals work.
Urban Redevelopment Authority of Pittsburgh
Business Development
The Storefront Renovation Program Grant provides up to 50% or $5,000 for business or commercial property owners for storefront improvements.
Learn more about the Storefront Renovation Program. For further details, contact the Business Development Center at 412.255.6550 or .
If you improve commercial real estate in the City of Pittsburgh and the building's tax assessment goes up due to the improvements, the building is eligible for an annual abatement (up to $50,000) on the City of Pittsburgh's portion of real estate taxes. Want to know how your next real estate deal can pay less real estate taxes? Learn more!
The BDC achieves its mission by:
- Providing ‘Gap’ financing loans for commercial real estate and business financing Assisting businesses through the BDC’s network of technical assistance providers and partners.
- The BDC offers a variety of loan financing products for commercial real estate development and small and medium size business development. These are ‘gap’ financing products; meaning they work in conjunction with private equity and private debt to help businesses complete the financing for their business growth and expansion.
- In addition to being a source of financing, the BDC can assist businesses directly or through a network of partners with a variety of business needs; including: business planning, manufacturing process optimization, renovation planning, technology planning, legal planning, starting a business, etc.
Contact the BDC today at bdc@ura.org or 412-255-6669.