PITTSBURGH | FNB Financial Center | 418 FT | 24 FLOORS

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F.N.B. Corp. to Occupy 160,000 SF at New Office Tower

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- F.N.B. Corporation, the parent company of First National Bank and the Pittsburgh Penguins, will serve as the anchor tenant for FNB Financial Center in Downtown Pittsburgh.

- The firm will occupy more than 160,000 square feet of space at the new 24-story mixed-use tower to be developed by Buccini/Pollin Group at the corner of Washington Place and Bedford Avenue in the historic Lower Hill District. The offices at the FNB Financial Center will serve as the corporate headquarters for F.N.B. Corp.

- BPG’s Managing Partner Chris Buccini called the project, which will add prominently to the city’s skyline as one of the city’s 20 tallest buildings, “one of the most significant projects in our company’s history.”

- BPG plans to build the roughly 400-foot-high, 500,000-square-foot tower on about 1.25 acres of existing parking lots near PPG Paints Arena. The bottom floors of the tower will feature retail shopping and other amenities, and a public parking garage will be connected to the project.

- The architectural design is being done by Gensler, a firm based in Philadelphia, officials reported. Gensler’s concept for the tower utilizes glass and crisp angles to integrate the large structure into the skyline, officials said.

- While still conceptual, developers are planning 60,000 square feet of public open space between Washington Place and Logan Street that will offer views of Pittsburgh’s landmarks. Those spaces are planned to take advantage of crowds that arrive for Penguins games and other events.

- The tower is the first piece of a 28-acre, $350 million redevelopment plan in what’s known as the Lower Hill District. An adjacent 300-unit multifamily development, live music venue, and parking garage are also in the works along with retail and more.

- Developers expect final municipal approvals for the tower project in the next six to nine months, at which time they will break ground. Construction is expected to take about two years and create more than 1,000 construction jobs.

- Completion of FNB Financial Center is anticipated in 2022. FNB was advised in this transaction by JLL and Colliers International. JLL also advised the development team.