Bakery Square
The Bakery Square development transformed the former Nabisco site into a high quality mixed-use development, which is now a burgeoning technology hub in Pittsburgh’s East End.
In 1998, the National Biscuit Company closed its 6.5-acre cracker factory in Pittsburgh’s Larimer neighborhood. URA investment facilitated the rehabilitation of this iconic symbol of Pittsburgh’s industrial past and paved the way for Pittsburgh’s new technology economy.
Bakery Square has generated thousands of high-quality jobs and new tax revenue. Prior to the redevelopment, this site generated a mere $84,000 in annual tax revenue. In 2016, the Bakery Square Tax Increment Financing (TIF) District generated $1.4 million in tax revenue, of which $543,000 in unpledged increment went directly to local taxing bodies. After the expiration of the TIF District in 2027, the site is estimated to generate $1.7 million in annual tax revenue.
For more information, please contact Julia McMahon, Senior Project Manager, at 412.255.6592 or jmcmahon@ura.org.