McCaffery Interests and Pitt Ohio Building 96-Unit Apartment Project Called Lot 24
A pair of local developers building a new 96-unit apartment project called Lot 24 in Pittsburgh's Strip District announced they have begun construction.
Dan McCaffery, CEO of McCaffery Interests, and Chuck Hammel, president of Pitt Ohio, are partnering on the development project. The pair previously developed The Cork Factory next to the new project.
Named after its location in the Strip District, the new apartments will occupy a former surface parking lot
adjacent to The Cork Factory lofts. The fou-story residential building will feature an industrial design featuring red brick and corrugated metal façade designed by Antunovich Associates of Chicago. Massaro Corp. is the general contractor
The development project is financed by The ERECT Funds, the Urban Redevelopment Authority, Strategic Investment Funds, and is supported with a RACP grant. ERECT Funds provide financing for commercial properties in Pennsylvania, Ohio and West Virginia that are built with
union labor.