The Pittsburgh Urban Redevelopment Authority board of directors Thursday approved the $1.6 million purchase of a former grocery store complex in the Hill District.
Board members unanimously voted to buy Dollar Bank loans on the 2.6-acre property along Centre Avenue.
The URA plans to negotiate with the city, Allegheny County and the Pittsburgh Public School District to settle liens filed against the property for delinquent taxes.
The Hill House Association and Economic Development Corp. built the $11.5 million grocery and adjoining retail space in the Centre Heldman Plaza with nearly $4 million in public subsidies. A Shop ‘n Save, which opened in 2013, closed in March because of declining sales, a city official said at the time.
The property includes four vacant storefronts. The Shop ’n Save occupied nearly 30,000 square feet.
Officials said they hope to secure another, smaller grocery store as an anchor tenant.
