Media Mentions
Walnut Capital's Todd Reidbord outlines plans for former UPMC Mercy South Side site
The company is working on a redevelopment plan for the former UPMC Mercy South Side campus, a property that a Walnut Capital affiliate paid over $9 million for. Reidbord and his team are in the early stages of carrying out that residential redevelopment. Read more
Bakery Square Courtyard Winner of 2024 PGH Design Award
The Pittsburgh chapter of the American Institute of Architects gathered to explore this question at Carnegie Music Hall for the 41st annual Design Pittsburgh awards on Friday, Nov. 8. The awards honor sustainability, social impact, masonry and more in local architecture and design. Read more
Pittsburgh is One of America's Most Livable Cities: Walnut Capital Helps You Make the Most of It
Dreaming of a city that feels like home the moment you arrive? Welcome to Pittsburgh! Recently ranked the #8 most livable metro area in the U.S. by RentCafe, our steel-town-turned-innovation-hub has mastered the art of livability. Read more
State awards nearly $86 million in grants for local projects, including Bakery Square expansion
A proposed $850 million expansion of Bakery Square is ready to roll with the award of a $5 million state redevelopment assistance capital grant. Read more
Walnut Capital signals new RACP funding for Bakery Square to green light 10-story development along Penn Ave.
A rendering of a new 10-story, mixed-use building Walnut Capital is preparing to move forward on at its Bakery Square Connector site in the East End now that it has received a $5 million state grant. Read more
AI Horizons Summit and NVIDIA's New Initiative Set Pittsburgh on a Path to Tech Leadership
Pittsburgh is gaining recognition as a major player in the world of artificial intelligence, thanks to the recent AI Horizons Summit and a groundbreaking new initiative by NVIDIA. Read more
Walnut Capital Named Top Place to Work in Pittsburgh for the Fourth Consecutive Year
We are incredibly proud to announce that Walnut Capital has once again been recognized as one of Pittsburgh's Top Places to Work in 2024! This award is extra special because it is based on the voices that matter most--our employees. Read more
Gov. Josh Shapiro to headline an AI event in Pittsburgh's Bakery Square
Mr. Shapiro will headline an October summit in Bakery Square called AI Horizons that is part of an ongoing effort by local developers and companies to enhance the city's reputation as a technology powerhouse. The governor is a potential running mate of Vice President Kamala Harris. Read more
Walnut Capital pitches half-billion-dollar Bakery Square expansion plan
Expansion would include the Village of Eastside shopping center and the former Club One Fitness site. Read more
Move over Google: Bakery Square is becoming a place for AI companies
The former Nabisco plant in Larimer once served as a leader in baking technology. Now it's fast becoming a home for a 21st century form of high tech -- artificial intelligence. Read more
Feds sending $2M to reconnect East Liberty, Bakery Square
Allegheny County will receive $2 million in federal funds to connect the East Liberty Transit Station with the East Liberty business district and Bakery Square, now cut off from the station by a busway. Read more
Walnut Capital Clinches 5th Place: Rocking the 2024 Kingsley Excellence Awards!
We're thrilled to announce that Walnut Capital has earned a spot in the prestigious Elite 5 of the 2024 Kingsley Excellence Awards! Securing 5th place overall, this recognition celebrates our commitment to consistently surpassing industry benchmarks and providing exceptional customer service. Read more
Walnut Capital taps contractor and architect for 5.5 acre South Side development plan
The real estate developer working to transform a former hospital complex on the South Side has named the contracting and architecture firms it'll rely on for the conversion of 5.5 acres of land into residential use over the coming years. Read more
Walnut Capital Named Top Place to Work in Pittsburgh for the Third Consecutive Year
We're excited to share that our team has voted us a Top Place to Work in Pittsburgh for 2023! This recognition comes straight from the heart of our organization - our employees. Read more
Sheetz orders up more space in Pittsburgh's Bakery Square
The location has about 70 workers now, she said, but has room for up to 120. The project represents an investment of about $5 million. Read more
From clubhouse to condos: Walnut Capital eyes housing at Oakland's Pittsburgh Athletic Association
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. Read more
Walnut Capital Recognized as a 2022 Top Work Place
The Pittsburgh Post-Gazette has recognized 105 Companies and Organizations in Greater Pittsburgh as Top Workplaces for 2022. This is the second year in a row that Walnut Capital has been named a Top Place to Work. Read more
How one Pittsburgh developer wants to fix Oakland's dead zone
Oakland is a neighborhood with plenty of personality dominated by Beaux-Arts/City Beautiful-era monumental civic architecture and student energy but that's not true of the entire neighborhood. Read more
Walnut Capital shares first phase of Oakland Crossings development project with residents
"Developer Walnut Capital and design firm Strada presented the first phase of their proposed Oakland Crossings project to community residents during a development activities meeting co-hosted by the city of Pittsburgh Monday evening." Read more
Local leaders, developer break ground on project to connect Larimer, Homewood to East End
Pittsburgh Mayor Ed Gainey, Allegheny County Executive Rich Fitzgerald, Walnut Capital Developer and community members from Larimer and Homewood met Thursday morning to break ground on a multi-model road project intended to connect the neighborhoods to jobs and amenities in the East End. Read more