Blog

East Liberty, once grazing land turned urban hub with the arrival of trolley lines, has recently transformed into a vibrant neighborhood filled with restaurants, bars, boutiques, and street art- sparked in part by Google's Bakery Square offices. And now it's one of America's coolest neighborhoods. Read more

Hellbender, a Harmar-based electronics manufacturer focused on building artificial intelligence systems, will soon bring a hands-on element to AI Avenue. Read more

Walnut Capital has landed what it expects will be its next fast-growing AI newcomer to Bakery Square in its ambition to reposition the Penn Avenue corridor of East Liberty into AI Avenue. Read more

Laurel Communities is acquiring the land on Josephine Street for the units from Shadyside-based Walnut Capital, which is planning to construct about 257 apartments at the site of the old hospital itself and an empty nine-story medical office building adjacent to it. Read more

An "AI strike team" is seeking to make Pittsburgh a top-tier hub for AI work, with the goal of building to 100,000 tech jobs by 2028, according to planning documents shared with the Pittsburgh Post-Gazette. Read more

Where mills once sat along the Monongahela River in Pittsburgh's Hazelwood neighborhood, a sprawling development now stands as a symbol of the shift from a steel town to a city built on education, medicine and technology. Read more

As we reflect on 2024, Walnut Capital is proud to celebrate a year of incredible milestones, innovation, and growth. From national awards to transformative projects in Pittsburgh, we are excited to share the highlights that define our commitment to building thriving communities. Read more

"The expansion at Bakery Square will bring good-paying jobs to our community and uplift our local economy, ensuring that the benefits of growth reach every corner of Allegheny County." Read more

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

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

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

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

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

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

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

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

Expansion would include the Village of Eastside shopping center and the former Club One Fitness site. Read more

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

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

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