PITTSBURGH, PA–Thanks in part to a Pennsylvania First Grant and Job Creation Tax Credits, Jones Lang LaSalle will move into and expand operations at the newly constructed Tower Two-Sixty in downtown Pittsburgh. JLL is leasing 54,000 square feet, with plans to relocate more than 350 employees in 2016. The new eco-friendly tower will also feature JLL's name and logo.
Tower Two-Sixty, delivered in 2015 by Millcraft Investments, has 128,000 square feet of office space, 14,000 square feet of retail space and 330 available parking spaces. Aside from its location in the core of Pittsburgh's downtown, the new building will enable JLL to create a more efficient, modern and tech-friendly space.
“We plan to invest a significant amount to develop our new work environment at Tower Two-Sixty,” says JC Pelusi, market leader and managing director of JLL's Great Lakes region. “The new office will foster collaboration, a key element of JLL culture, and it will also enable employees to be as mobile as possible.”
“The first class nature of their company fits perfectly with the image of the Tower Two-Sixty building,” says Lucas Piatt, president and COO of Millcraft Investments. “This project required many years of planning, hard work and creativity so today is a very exciting day for the city of Pittsburgh, JLL and for Millcraft.”
JLL also plans to create a number of new jobs as it builds a state-of-the-art work environment. In coordination with Governor Tom Wolf's Action Team, JLL received a Pennsylvania First Program grant for $250,000 as well as $230,000 in Job Creation Tax Credits.
“JLL's decision to create 115 new jobs and relocate to the newly constructed Tower Two-Sixty site is a huge win for Pennsylvania and the city of Pittsburgh,” says Governor Wolf. “I look forward to seeing more companies setting up shop here in Pennsylvania. Creating a climate for growing good-paying, middle class jobs is my top priority.”
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
