Walnut Capital ads

The couch is already there. So are the linens, the cookware, the Wi-Fi, and the parking spot. The Jones Tower on Pittsburgh’s South Side has fully furnished studios and one-bedrooms, minutes from Downtown offices and the Oakland hospitals. Flexible terms for assignments and relocations. Helping with housing? Ask about rates for multiple units.

🚨Super excited to share that Credo AI, a Nasdaq-listed semiconductor innovator from Silicon Valley, is coming to #AIAvenue at Bakery Square. As I told the Pittsburgh Business Times, Credo is “helping power the infrastructure behind AI.” They join Carnegie Mellon University, University of Pittsburgh’s Human Engineering Research Laboratories, Google, and growing firms like Lovelace already building here, with JLL reporting 54,000 square feet leased at Bakery Square this year alone from #AI and #robotics tenants. This is what we at Walnut Capital set out to build when we started positioning Bakery Square for this industry: a place where a company advancing the literal hardware behind AI chooses Pittsburgh’s engineering talent and research base over anywhere else in the country. Welcome to the neighborhood, Credo!! https://lnkd.in/gzfURWtC

Someone starts Monday and needs a place by Sunday. That’s a solved problem. Fully furnished studios and one-bedrooms on Pittsburgh’s South Side- furniture, in-unit laundry, linens, kitchen, Wi-Fi, free parking. Ten minutes from the Oakland hospitals, five from Downtown. Flexible terms. Ask about multi-unit rates.

One line from Governor Josh Shapiro’s remarks at AI Horizons Pittsburgh stuck with me: he told the companies in that room he wasn’t asking them to do charitable work, he was telling them that the winners in this industry will be the ones who earn the trust of the people of Pennsylvania, not the ones who cross the tape first. He also made the case for AI that protects jobs instead of eliminating them, pointing to the state’s own AI pilot where employees reported saving 95 minutes a day. That’s the balance we’ve tried to strike at #AIAvenue at Bakery Square since day one. Growth that brings people along with it, not around them. Grateful for a governor who keeps making that case in this city, and excited for what’s ahead.

Proud to have Walnut Capital partner with Rugby Realty on 933 Penn Avenue. Converting vacant office space into 70 apartments in the Cultural District is exactly the kind of project that brings Downtown Pittsburgh back to life!

Walnut Capital is joining Rugby Realty on an exciting new office-to-residential conversion project in Downtown Pittsburgh’s Cultural District. The project will transform 933 Penn Avenue, a largely vacant office building, into 70 new apartments, including a mix of one-, two- and three-bedroom residences. Plans also include approximately 5,500 square feet of ground-floor retail space, bringing new residential and commercial activity to the heart of Downtown. Pittsburgh Business Times has the full story. https://lnkd.in/eCvJKxWK