LG Realty President Larry Gumberg expressed confidence that the long and contentious process of starting the redevelopment on the former site of Penn Plaza is now poised for a final approval by the Pittsburgh Planning Commission.
After demolishing a long-time apartment complex on the nine-acre site a few years ago, LG Realty presented a detailed proposal for a new $50 million retail-and-office complex for the first phase of a larger plan to the Pittsburgh Planning Commission today. The briefing…