Germantown YWCA Community Meeting Presentation
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Skyline terrace-pittsburgh, pa<br />
KBK was selected as developer of Skyline Terrace<br />
(f.k.a. Addison Terrace), a former public housing<br />
community, situated in the center of Pittsburgh’s<br />
Historic Hill District. The redeveloped Skyline is<br />
on approximately 65-acres and was formerly comprised<br />
of 734 barrack-style row houses. With most<br />
of the units dating back to the 1940’s the plan was<br />
to replace the units with a 400-unit townhome,<br />
mixed-income development. This would include<br />
market rate and subsidized housing. The new<br />
housing would be constructed over the next six<br />
years in phases that would take place on the former<br />
Addison Terrace and off-site locations. The<br />
award for Skyline Terrace is the largest award to a<br />
minority enterprise in the history of Pittsburgh, at<br />
approximately $160 million, surpassing KBK Enterprises<br />
previous largest project award, Garfield<br />
Commons at $100 million. The first phase of Skyline<br />
Terrace was over $90 million and was completed<br />
in 2015.<br />
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