[1] The land is now owned by SomeraRoad Inc., which has invested +$100M in updating the live-work-play district and added a dog park, sport court, and town square.
One year following the merger, Republic Steel was forced to shut down as a result of foreign competition, high labor costs, and a lack of modern equipment.
[1] The property was abandoned until a city/county task force revitalized the area just south of downtown, and Pittsburgh-based Oxford Development Company and the University of Pittsburgh Medical Center constructed the state-of-the-art UPMC Sports Performance Complex on the most eastern boundary of the site.
On December 15, 2012 the megaplex theater on site was host to Tom Cruise, Robert Duvall, Rosamund Pike & David Oyelowo for the world premier of Jack Reacher.
The site generated private investment of $250 million, has 5,400 employment opportunities, 400 housing units, and 1,500 jobs were created during the initial development period.