"Oxford Development Co. is ready to push forward with its Hot Metal Flats apartment project, although with a change in partnership and a smaller plan.

Today, the Urban Redevelopment Authority of Pittsburgh voted to rescind its previous agreement with Oxford and its construction partner, PJ Dick, along with Lincoln Property Co. in order to approve an agreement with a different partnership group.

Lincoln Property is no longer involved, leaving Oxford and P.J. Dick to go forward on the plan in which the development team will buy the property for $600,500."

Read the full article here.
Pittsburgh Business Times | Tim Schooley