ABOUT
The Market
Hazelwood Green embodies the quintessential Pittsburgh story of reclamation and reinvention as the city embraces a new chapter in its long history of global leadership in innovation.
The site’s greatest asset is its proximity to the economic engines of the Oakland university center and downtown Pittsburgh, and its place within the historic neighborhood of Hazelwood. The site will serve as a place where research, culture and industry co-locate, start-ups have room for growth, and the resulting investments create equity in employment opportunities for all skill levels, support the growth of local businesses, and contribute to the health and stability of the existing Hazelwood community.
Industrial legacy meets the future of work at Mill 19, a research and development hub where Advanced Robotics for Manufacturing (ARM), CMU’s Manufacturing Futures Initiative (MFI), and Catalyst Connection, together, occupy Building A under the steel skeleton of one of the site’s original mills. Aptiv is next to move to Mill 19 and will occupy all of Building B. At full build-out, Mill 19 building is expected to house 260,000 SF of new construction.
Over the next 10 years, robotics, artificial intelligence, and advanced materials and manufacturing are forecast to grow at double-digit rates, and their total market size will likely exceed $2 trillion by 2030. The new Robotics Innovation Center will complement and accelerate the work by the nearby Manufacturing Futures Institute at Mill 19, where researchers will be able to deploy new ideas within its test beds. As a new translational research facility, the RIC will also complement the work of CMU's National Robotics Engineering Center (NREC) and further establish Hazelwood Green as the new hub for these technologies.
At the northern end of the site, the historic Roundhouse underwent thoughtful renovation to prepare for its new function as a startup incubator space. OneValley’s Pittsburgh Innovation Center moved into the Roundhouse in June 2021.
Hazelwood Green Tenants
Business Investment
Multiple companies have expressed interest in locating on the site, with the proximity to the universities being the number one factor along with the overall vision for the site. As the largest seed stage investor in Southwestern Pennsylvania and one of the most active in the country, Innovation Work’s growth in investment activity is a clear indicator of local interest and demand within the technology sector.
$687 million invested in Pittsburgh technology companies in 2017 (largest in at least 10 years)
$3.5 billion invested over the past ten years; $2.1 billion in the past five years
$340.2 million VC invested in Pittsburgh companies in 2017
$105.5 million local VC supply currently uncommitted
Technology licenses granted more than doubled from 2008 to 2017
Number of new patents more than tripled in the same period
University Innovation
There are a total of 35 colleges and universities in the Pittsburgh region, with 41,000 degrees awarded annually, and 165,000+ students enrolled annually. According to Bruce Katz, former centennial scholar at the Brookings Institute, “Few cities are home to such a naturally occurring innovation district as Pittsburgh’s Oakland neighborhood – the 1.7 square-mile district constitutes one-third of the entire state of Pennsylvania’s university research and development output.” Oakland is home to Pittsburgh’s largest university powerhouses, the University of Pittsburgh and Carnegie Mellon University, with statistics to back up their impact.
$1.2 billion combined annual research & development spending
9th largest in the U.S.
2.5 times the national average. Higher than Seattle, Atlanta, Philadelphia, and Washington D.C.
Carnegie Mellon University
1st Best Computer Science Graduate Program, U.S. News and World Report
5th Best Business School, Wall Street Journal
22nd Best University in the World, London Times
Top 10 in Video Game Development
University of Pittsburgh
Top 5 National Institutes of Health (NIH) dollars
Top Value among Public PA Universities, Kiplinger’s Personal Finance
47th Best Global University, U.S. News & World Report
Best Business School Value in the U.S.; 8th Best in the World, Financial Times