"Over the course of its history, the Pittsburgh Athletic Association clubhouse in Oakland offered overnight accommodations to its members. And for a time recently, it even provided rooms for neighboring Pitt students.

Now the developer behind the $25 million rehab of the seven-story Fifth Avenue landmark might take the building’s past flirtations with housing to a much grander level.

Walnut Capital is considering a plan to convert much of the grandiose clubhouse into higher-end condominiums, perhaps as part of a mixed-use development that could include restaurants and offices.

The Shadyside firm is rethinking its approach. The company had planned to redevelop the building into office space after purchasing it for $12.6 million in 2018 as part of the private social and athletic club’s bankruptcy reorganization."

Read the full article here.

Pittsburgh Post-Gazette | Mark Belko