(To read more about Real Estate Media’s Green Initiative, please click here .)

PITTSBURGH-PNC Financial Services Group Inc. has selected Toronto-based Fairmont Hotels & Resorts to operate the hotel and residential condo component of Three PNC Plaza. The 23-story, 780,000-sf complex at Fifth Avenue and Market Street includes 326,000 sf of office space, which is fully preleased, approximately half each to PNC and the locally based Reed Smith law firm.

The hotel encompasses 185 guest rooms and approximately 28 for-sale residential condos on floors 14 through 23, plus a 6,000-sf ballroom, 8,000-sf spa and fitness center, lobby lounge, bar and restaurant on the lower-floor entrance. Cliff Schultz in the local office of Howard Hanna Real Estate is heading the condo marketing team. At GlobeSt.com press time he was about to attend a meeting at which details, including sizes and pricing for what will now be called the Residences at the Fairmont, will be finalized.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.