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URA ACTS TO SUPPORT OAKLAND SUPERMARKET, HOMEWOOD-BRUSHTON COMMUNITY CENTER

 PITTSBURGH, Sept. 9 /PRNewswire/ -- The Urban Redevelopment Authority (URA) of Pittsburgh today took actions to preserve an important community supermarket in Oakland and to create a comprehensive community outreach center in Homewood-Brushton.
 The actions were approved by URA's board of directors at its September


meeting.
 In Oakland, the board authorized a $200,000 loan to Center Street Foods, Inc., which will enable Center Street Foods to take over operation of the Forbes Avenue Giant Eagle. The viability of the supermarket was jeopardized when the previous operator recently withdrew due to financial difficulties.
 The full-service market includes a pharmacy, hot food and florist sections and a lottery ticket operation. Total project cost is $300,000 with additional financing provided by PNC Bank and Center Street Foods equity. The financing will be used principally for inventory purchase.
 Mulugetta Birru, URA executive director, noted that Center Street Foods has been the successful operator of another Giant Eagle market -- on Centre Avenue in Oakland -- for quite some time.
 "We are confident that their familiarity with the neighborhood and Giant Eagle will enable Center Street Foods to transform the Forbes Avenue market into a successful operation," Birru said. "The Forbes Avenue facility is the primary source of supplies for many Oakland residents, and our action today will help preserve a vital neighborhood resource."
 In Homewood-Brushton, a community-based organization called the Rosedale Block Cluster (RBC) will acquire and renovate a vacant former print shop at 7810 Tioga St. RBC will convert the building to a community outreach center providing such services as child care, a single-parent program, a nurturing center and after-school and teen programs.
 "RBC has been providing a number of important neighborhood services for some time, but from scattered sites," Birru said. "This action will enable them to centralize their services in a single location, broadening and deepening their impact on the community."
 The $897,000 project includes two development phases over two years. For Phase I, URA is providing $150,000 through the Community Development Investment Fund, with other financing provided by the Pittsburgh Partnership for Neighborhood Development and private charitable foundations.
 In other action, the board:
 -- Approved more than $2.8 million in financing for the next phase of Crawford Square, to feature 73 newly constructed rental units. To date, the innovative residential complex above the Civic Arena has been extremely successful. A total of 151 of 203 rental units already are occupied or leased, and 20 of the 27 for-sale units under construction have been sold. The authority also authorized $130,000 for the next phase of Crawford Square public space improvements, principally sewer and water line construction and renovation.
 -- Authorized up to $85,000 for design of a parking lot to serve the Carnegie Mellon Research Institute at the Pittsburgh Technology Center. Carnegie Mellon University recently launched construction of the building, with completion targeted for 1995.
 -- Authorized acquisition of 15 properties in the Strip District and Glenwood, where the authority plans to develop underutilized land for light industrial uses. The land assembly process for each site is expected to take one year.
 -0- 9/9/93
 /CONTACT: Norma Madden of Urban Redevelopment Authority of Pittsburgh, 412-255-6639/


CO: Urban Redevelopment Authority of Pittsburgh; Center Street
 Foods, Inc.; PNC Bank; Rosedale Block Cluster ST: Pennsylvania IN: SU:


KC-CD -- PG007 -- 0472 09/09/93 16:38 EDT
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Publication:PR Newswire
Date:Sep 9, 1993
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