Walnut Capital pitched its half-billion-dollar blueprint for expansion of Bakery Square Tuesday, saying the next stage not only will bring new development and pedestrian and street improvements but benefits to adjacent neighborhoods.

During a briefing before the Pittsburgh Planning Commission, Walnut Capital president Todd Reidbord said the 14-acre expansion will provide an opportunity to “really transform” neighborhoods such as Larimer through a community development agreement that includes construction of more for-sale housing.

“This for us is a legacy project,” he said.

In the first of two briefings on the plan, commission members generally seemed to be supportive of the overall goals and concepts.

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Pittsburgh Post-Gazette | Mark Belko