Pennsylvania Department of General Services Secretary James P. Creedon announced today that the state is moving forward with its plans to sell the Pittsburgh State Office Building to River Vue Associates LP, of Canonsburg, for $4.6 million.
The sale will not only bring much-needed revenue to state coffers, but it will save the state much more in the long run.
The state will save $14 million by selling the building and moving state employees into leased space in downtown Pittsburgh, Creedon said in a press release. Driving this cost-savings is the avoidance of almost $65 million needed to renovate the building, he said.
Read the full release at the link below:
State Announces Plans to Sell Pittsburgh State Office Building
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