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U.S. Steel to Build New Pittsburgh Headquarters
PITTSBURGH -- United States Steel Corp. today announced that it will build a 250,000-square-foot headquarters building at the site of the former Civic Arena in the Hill District section of the city.
The CEO of United States Steel Corp., Mario Longhi, joined with the CEO of the Pittsburgh Penguins, David Morehouse, in making the announcement.
An affiliate of the Penguins will own the building, which U.S. Steel will lease for 18 years. The announcement assures that the company will help anchor new development in the region while sustaining more than 800 jobs at its new headquarters. U.S. Steel's lease at the U.S. Steel Tower, downtown, expires in 2017.
The new building will be completed in 2017, the company said.
U.S. Steel called the new headquarters "another step" in what company calls its "Carnegie Way transformation journey." Executives declined to provide construction costs.
"As we continue on our Carnegie Way transformation journey and write the next chapter in the history of U. S. Steel, we are proud that our roots will remain firmly planted in Pittsburgh as we call the lower Hill our new home," said Longhi. "These headquarters are an important investment in our employees and our future, as we foster increased collaboration far beyond the walls of this new building."
Adjacent to Consol Energy Center, the building will be owned and operated by a joint venture between Clayco and Pittsburgh Arena Real Estate Redevelopment LP, an affiliate of the Penguins.
"U. S. Steel has been such an integral part of Pittsburgh's heritage, and now this iconic company is leading the way on an exciting and transformational development for the 21st century," said Morehouse. "By placing its new headquarters here, U. S. Steel will be a catalyst for development on a site that we envision as modern urban mix of residential, office and retail space. It is a great day for Pittsburgh and a great day for our region."
As part of U. S. Steel's and the Penguins' commitment to environmental stewardship the building will be constructed with sustainable building practices for U. S. Green Building Council LEED version 3 certification. Sustainability practices will include using U. S. Steel products where appropriate. Steel supports sustainable building practices by reducing the carbon footprint of building materials through its inherent recyclability -- as steel is the most recycled material globally, exceeding other metals, paper and glass, combined, the company said.
SOURCE: United States Steel Corp.
Pictured: Rendering of new headquarters.
Published by The Business Journal, Youngstown, Ohio.
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