Developer's Plan for Strip District Evokes Decades-old Controversy from the Pittsburgh Post-Gazette
"Gleaming new office buildings, a park-like setting, relocation of produce vendors and a huge capital investment. Before Buncher Co.'s proposed 55-acre Strip District project, the Pennsylvania Railroad proposed its own ambitious plan for remaking the Allegheny Riverfront -- in 1966. The railroad's proposal, billed as a 148-acre extension of the Golden Triangle and a venture six times the size of Gateway Center, faltered for financial reasons. Buncher's plan, with a prospective investment of $400 million over 10 to 15 years, highlights the Strip District's enduring economic importance and the lingering challenges of large-scale development. Neither proposal escaped controversy."
"Gleaming new office buildings, a park-like setting, relocation of produce vendors and a huge capital investment. Before Buncher Co.'s proposed 55-acre Strip District project, the Pennsylvania Railroad proposed its own ambitious plan for remaking the Allegheny Riverfront -- in 1966. The railroad's proposal, billed as a 148-acre extension of the Golden Triangle and a venture six times the size of Gateway Center, faltered for financial reasons. Buncher's plan, with a prospective investment of $400 million over 10 to 15 years, highlights the Strip District's enduring economic importance and the lingering challenges of large-scale development. Neither proposal escaped controversy."
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