Real Estate Journal — Pennsylvania — January 15 - 28, 2016 — 11C


M id A tlantic

P ennsylvania 51,667 s/f technology center at 2555 Smallman St. Oxford Dev. Co. announces new location for Bosch LLC P ITTSBURGH, PA — Oxford Development Company and Robert

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customers.” “This state-of-the-art facility will provide our researchers and engineers with a world- class working environment tailored specifically to their needs,” said Jiri Marek, senior vice president, Bosch Research and Technology Center, North America. “This investment highlights Bosch’s commit- ment to attracting top talent from the Pittsburgh region and beyond to support our mission to create the next-generation of solutions for a connected life.” 2555 Smallman St. will be the first building in the region

to provide a Euro Plaza, or “woonerf”, that transforms from guest parking to a week- end destination for gathering. A woonerf (Dutch for “living street”) is a concept created in the Netherlands and designed primarily with the interests of pedestrians and cyclists in mind and as a social space where people can meet safely. This Complete Streets tech- nique includes shared outdoor space, traffic calming, and low speed limits with priority given to all modes of transportation including automobiles, bi- cycles, and pedestrians. n

Bosch LLC announced that Bosch will locate its 51,667 s/f technology center at 2555 Smallman St. in the 3 Cross- ings neighborhood in Pitts- burgh’s Strip District. 3 Crossings reconnects the Strip District to the natu- ral amenities of a revitalized riverfront and Pittsburgh’s Three Rivers HeritageTrail network. The development represents the transformation of the former trucking yards of Pittsburgh’s past into the sustainable neighborhood of the future. “We see the growth of the Strip District as the here and now phase in Pittsburgh’s amazing transformation as a place where you can live, work, and everything else,” said Steve Guy , president & CEO, Oxford Development Company. “The addition of Bosch to 3 Crossings helps grow the pro- fessional workforce of the Strip District, and complements a new community vision as Pitts- burgh’s next corporate and high technology destination.” Bosch’s technology center was driven by the need to accommodate growth of the company’s business units, in- cluding subsidiary Akustica, a world leader in microelec- tromechanical systems micro- phone products, and Bosch’s Research and Technology Cen- ter in Pittsburgh. “Bosch is experiencing con- tinued, significant growth in many regions, and this is espe- cially true in Pittsburgh,” said Mike Mansuetti, president, Robert Bosch LLC. “We have been in this area for many years and have formed many successful collaborations with other companies and organi- zations, like Carnegie Mellon University. We look forward to continuing our presence in such an exciting, tech-focused part of the region, and adding to its growing reputation as a hub for innovation.” “Our new facility is not just larger, but also has improved lab space that enhances our product development and test- ing capabilities,” said Horst Muenzel, president and general manager, Akustica. “Akustica already provides microphones with best-in-class robustness, and now we will have addition- al capabilities to deliver even higher performance and higher quality to meet the needs of our



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