The thread goes on to say that, in mid-November 2020, the owners moved quickly to secure our spot at The Terminal, including settling on lease terms and signing a Letter of Intent, all with the confirmation that McCaffery was not negotiating with another bookstore. Then nothing, until the news about Posman Books officially broke. White Whale says that, when they confronted McCaffery about this development, the company said they had actually already brokered a lease with Posman. This led the Yeomans to believe that McCaffery had dangled their agreement in front of Posman as a bargaining tool to get the chain to move in.
OnePGH plan receives $115 million from health care providers and universities, building on partnerships to address Pittsburgh s challenges bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
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F.N.B. Corporation Invests in Initiatives Serving the Hill District Community of Pittsburgh, Pennsylvania
April 27, 2021 GMT
PITTSBURGH, April 27, 2021 /PRNewswire/ F.N.B. Corporation (NYSE: FNB) announced the expansion of its commitment to drive economic development in the Hill District community of Pittsburgh, PA, with a significant investment in programs aiming to connect local businesses and entrepreneurs with essential funding.
Highlighting FNB’s commitment is a $5 million investment in the launch of its new, proprietary Hill District Gap Lending Program, which is designed to address financing gaps for real estate projects in the community. FNB will provide loans of up to $400,000 and flexible lending parameters for local businesses that require additional funding to complete a capital structure so they can move forward with developing or redeveloping community assets. With an emp
Courtesy of Gensler
An architect’s rendering of FNB’s 24-story tower surrounded by other planned development on the former Civic Arena property in Pittsburgh’s Lower Hill District.
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As FNB Corp. and the Pittsburgh Penguins work to redevelop the former Civic Arena site that will be anchored by a new FNB headquarters, the company Tuesday announced $7 million in other investments to improve the neighborhood.
A new $5 million gap lending program will provide loans of up to $400,000 so local businesses can expand or locate in the neighborhood. The Hill District Gap Lending Program is designed to help future projects in the area, FNB said. The idea is to serve low- to moderate-income and minority census tracts in the Hill District.
F N B Corporation Invests in Initiatives Serving the Hill District Community of Pittsburgh, Pennsylvania prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.