The Best Commercial Developments

News

• ibex is expanding in Pittsburgh, hiring 400
• Pitt is in orbit aboard the International Space Station, studying regenerative medicine
• Carnegie Mellon tapped by National Science Foundation as part of $220 million investment in 11 AI institutes
• More AI? Carnegie Mellon is rethinking education in an AI-first world
• Air Canada is back with daily flights
• Hong Kong-based Cathay Pacific is also back with new cargo service

The best commercial real estate developments of 2020

The COVID-19 pandemic didn’t slow down the commercial real estate industry in 2020. 

From a 100,000-square-foot development mixing labs space, clean rooms and office space for life sciences company Krystal Biotech to the new 300,000-square-foot, nine-story building at Bakery Square where Philips occupies its regional headquarters, NAIOP Pittsburgh celebrated the best commercial development projects of 2020. 

This year continues that momentum. Contracting volume for the first six months of 2021 should pan out around $2.4 billion, which is a 30% increase when compared to the $1.8 billion during the first half of 2020, according to Pittsburgh’s Breaking Ground. For more on the best projects of 2020, click below.