Almono is a world-class sustainable mixed-use innovation district in Pittsburgh.
In 2002, four southwestern Pennsylvania foundations formed a limited partnership with RIDC, a non-profit private development organization, as general partner, and purchased the 178-acre LTV Steel Hazelwood site. The partnership was convinced that this remarkable riverfront plateau offered a rare opportunity to set a new standard for urban riverfront property development. The name Almono came from the three Pittsburgh rivers - the Allegheny, Monongahela, and the Ohio.
The vision for the property centers around creating economic value, ensuring diversity, high-quality placemaking design, and sustainability.
The site has completed the rezoning process and has been approved for $80 million in tax-increment financing, the largest in the City of Pittsburgh history. A massive site grading process was completed in 2014 and construction on Phase 1 infrastructure started in the Fall of 2015. RIDC is managing the land development and welcomes private developers and individual companies to the site.
Please visit the Almono website for the latest updates on the project.