Pittsburgh School Properties

Fourth River Development was selected by the School District of Pittsburgh to initiate an Asset Plan to maximize the value of a portfolio of twenty-one closed school properties within the city. The plan consists of (1) a thorough investigation and evaluation of each school, (2) recommendations to reduce holding costs and increase value, and (3) creative marketing/sales techniques for these very unique and in many cases historical properties.

Two Vacant land sites have been added to this portfolio; located in the Fairyland and New Homestead Neighborhoods; as well as two additional schools, Arlington Elementary and Arlington Intermediate schools. Thirteen of these sites have now been sold or are under contract. The remaining propertites are listed below.

Asset Maximization Plan for the Pittsburgh Public Schools (PDF download 8MB)

Click on the property name below for details.

[ Northview ] [ McNaugher ] [ Mann ] [ Stevens ]
[ Beltzhoover ] [ Bon Air ] [ Gladstone ]
[ Fort Pitt ] [ Belmar ] [ Homewood ] [ Fairywood ] [ New Homestead ]
[ Arlington Elementary ] [ Arlington Intermediate ]