Press Releases

Oxford Continues Urban Housing Initiative Along Centre Avenue Corridor

Oxford Development Company today announced its next residential project, Coda on Centre, at 5765 Centre Avenue in the East Liberty neighborhood of the City of Pittsburgh. The 172-unit building will offer both furnished and unfurnished studio, 1-and 2-bedroom rental apartments designed to a minimum of LEED Silver standards.

“Our philosophy with multifamily projects is to create communities with individual identities,” said Steve Guy, President and CEO, Oxford Development Company.  “Coda will serve the growing demand for quality housing from nearby hospitals, universities and high-tech companies located in the city’s East End.”

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Exterior finishes will consist of a mix of brick veneer, cast stone, and a variety of metal sidings to complement existing buildings in this growing district of the City. Coda is located within walking distance of the Eastside shopping plaza, Target, the Giant Eagle Market District, Whole Foods and local restaurants and shops in the East Liberty / Shadyside area.

Five levels of apartments will be built above structured parking and center around a private courtyard on the second level.  Open to the sky, this vest-pocket terrace will contain several outdoor amenities including lounge seating, a gazebo, grills, and a fire pits.

Designed to LEED® Silver standards, sustainable design and construction elements include water-efficient fixtures and an energy-efficient building envelope. Low-emitting paints, coatings, adhesives and floorings make for improved air quality. Recycled and regionally produced building materials and a building-wide recycling program are also incorporated.

“Oxford’s two most recent urban residential projects were designed to LEED® Silver standards” said Guy, “but when completed both were designated as LEED® Gold. Oxford takes pride in over achieving and being a leader in sustainable development”.

Coda on Centre will provide amenities beneficial to sustainable living and active lifestyles. The residence welcomes pets and features a pet wash room. An in-house fitness center, co-working lounge, game room, communal kitchen, secure bicycle storage, and round-the-clock concierge service top the list of the many community features.

In-unit amenities include washers and dryers, ample storage, and modern kitchens complete with dark wood cabinetry and granite countertops. A number of units will have terraces that open directly to the courtyard while others will offer balconies with views of the urban neighborhood.

McCaffery Interests’ residential management arm, Mi-Apartment Home, will oversee all management aspects of the property including transition from construction into operations, pre-leasing, marketing and resident services.

“We are excited to continue our strategic partnership with Oxford and deepen our commitment to Pittsburgh and this growing market,” said Kimberly Williams, senior director property services, McCaffery Interests. “The development will be a wonderful addition to the East End and offer new housing options for this burgeoning area.”

Coda on Centre is designed by WTW Architects of Pittsburgh with Rycon as general contractor.  Leasing inquiries should be directed to McCaffery Interests at http://www.codaoncentre.com/. Pre-leasing will begin in November 2017 with occupancy anticipated for March 2018.

About Oxford Development Company

Oxford Development Company, based in Pittsburgh, PA, is the trusted real estate services partner, providing solutions for all property-related needs in North America. From conceptualization to building management, Oxford offers support throughout the life cycle of any project. With more than 50 years of experience and over $3 billion in development projects, Oxford delivers value through a combination of analytical, management and operational specific real estate services.

www.oxforddevelopment.com

About McCaffery Interests

McCaffery Interests, Inc., is a privately owned, full-service commercial real estate company that has been in the business of investing, developing, leasing and managing real estate for 25 years. The McCaffery Interests portfolio of planned, completed and managed projects exceeds 20 million square feet and includes office, mixed-use, hotel, and residential properties as well as large, master-planned communities and land developments. With offices in Chicago, Greater Washington D.C., Pittsburgh and Denver, and controlled assets and completed developments valued in excess of $2 billion, McCaffery Interests is one of the most trusted real estate companies in the nation. www.mccafferyinterests.com

About WTW Architects

WTW designed Oxford’s acclaimed The Yards at 3 Crossings apartment complex in the city’s Strip District.  The firm was also the local architect for Fifth Avenue Place and Heinz Field (home to the National Football League – Pittsburgh Steelers). Other firm clients include the Sports & Exhibition Authority of Pittsburgh & Allegheny County, Louisiana State University, Pittsburgh Cultural Trust, Penn State University, Georgia Tech, University of Texas, University of Pittsburgh, Louisiana State University and dozens more.  Headquartered in Pittsburgh, WTW Architects was founded on the city’s North Side in 1959.

http://wtwarchitects.com/

Allegheny County Executive, Monroeville Officials, and Partners Cut the Ribbon at 4350 Northern Pike

Modern facility renovations bring new Class A Office Space to Monroeville

MONROEVILLE, PA – March 12, 2013

Allegheny County Executive Rich Fitzgerald, joined by partners Reit Management & Research LLC and Oxford Realty Services, Inc. today cut the ribbon at 4350 Northern Pike in Monroeville, a 505,000 square foot office building set on a 138 acre park-like campus.  The newly renovated office space will be able to accommodate up to 1,500 new jobs for the Monroeville community.  The property is owned by CommonWealth REIT and managed by Reit Management & Research LLC, Real Estate Services.

Read the full release here.

Mayor, Stakeholders and Community Members Break Ground for Homewood’s Newest Housing Development

Mayor Luke Ravenstahl today, joined by Oxford Development Company, S&A Homes, the Urban Redevelopment Authority (URA) and community members, officially broke ground on the Homewood Station Senior Apartments, an $11.5 million, mixed-use development that will provide 41 new mixed-income residential units. Read the full release here

140+ Person Pink Hard Hat Ribbon Creates Visual Recognition for Breast Cancer Awareness Month

140+ employees of its EMCOR Services Scalise Industries subsidiary and those of its clients HYATT house, Oxford Development Company, and Rycon Construction donned EMCOR Pink Hard Hats and assembled into the shape of a giant pink ribbon, the international symbol of breast cancer awareness, in a “Call to Action” in support of Breast Cancer screening and awareness as part of EMCOR’s “Protect Yourself. Get Screened Today.” Campaign. The event was held at the HYATT house Pittsburgh South Side construction site in Pittsburgh, Pennsylvania.

Oxford Development Company Unveils 350 Fifth Avenue

Oxford Development Company announced the plans for a major redevelopment of one its largest owned assets in a continued effort to revitalize the Fifth and Forbes corridor located in Pittsburgh’s central business district.

Oxford Development Company Announces the Sale of Penn Avenue Place

Oxford Development Company is proud to announce the sale of Penn Avenue Place to Healthcare Trust of America (HTA) for approximately $54 million, marking the largest transaction in the Pittsburgh office market thus far in 2012.