As the Pittsburgh Penguins chase the Stanley Cup on the ice, they finally are ready to start another big quest off it — rebuilding the former Civic Arena site.
The team and St. Louis-based developer McCormack Baron Salazar have submitted a letter of intent to the Pittsburgh-Allegheny County Sports & Exhibition Authority and the city’s Urban Redevelopment Authority to start the first phase of a 1,000-unit residential development there.
They hope to begin construction of the first 255 units, 20 percent of which will be affordable to households earning 60 percent or less of the area median income, in early 2018.