One North Shore
A disciplined repositioning that transforms a legacy riverfront asset into a modern workplace for the next generation of Pittsburgh business.
One North Shore is a five-story, 97,000 square foot riverfront office building located directly across from PNC Park and adjacent to the Sixth Street (Clemente) Bridge. Set within a landscaped park environment with unobstructed Allegheny River and skyline views, the building offers controlled access, on-site security, and a quiet, pedestrian-friendly setting in one of Pittsburgh’s most visible and active districts. With exceptional connectivity to Downtown, the North Shore entertainment corridor, and regional transit, One North Shore provides an appealing foundation for organizations seeking a waterfront workplace with a strong sense of place.
Impact in Numbers
At-a-glance metrics for this property, including total square feet, year completed, and Elmhurst’s ownership period.
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Strengthening a Landmark District Through Stewardship and Long-Term Vision
The North Shore is one of Pittsburgh’s most vibrant cultural and economic corridors—home to major sports venues, riverfront trails, entertainment destinations, and growing corporate activity. One North Shore has long been part of this ecosystem, benefiting from decades of coordinated public and private investment that shaped the district into a high-amenity environment. Elmhurst’s stewardship reinforces these regional efforts by preserving a prominent riverfront building and preparing it for its next generation of tenants. Through collaboration with municipal partners, neighborhood stakeholders, and local workforce organizations, Elmhurst continues contributing to the stability and vitality of the North Shore.
The property’s visibility and civic adjacency create natural intersections with the community—whether through increased foot traffic supporting local restaurants, engagement with nearby employers, or integration into North Shore events and activities. As new tenancy is secured, Elmhurst intends to deepen these connections, ensuring the building remains a productive contributor to the cultural and economic fabric of Pittsburgh’s riverfront.
A Repositioning Strategy Rooted in Discipline and Market Insight
One North Shore offers a compelling value-add opportunity grounded in a clear investment thesis: reposition a highly visible, long-stabilized asset to meet the evolving expectations of modern tenants. The building served for roughly fifteen years as the long-term home of FNB—one of Pittsburgh’s largest banking institutions—achieving near-full occupancy throughout that period. Following FNB’s relocation, Elmhurst moved swiftly to evaluate the asset’s potential, leveraging its deep knowledge of the North Shore to craft a repositioning plan aligned with tenant demand, location strengths, and long-term stewardship principles.
Planned improvements include a reimagined lobby, upgraded building systems, refreshed amenity spaces, and a modern fitness center— enhancements designed to strengthen the building’s competitiveness while preserving its riverfront identity. With new leasing activity already underway, One North Shore represents the disciplined execution Elmhurst is known for: repurposing an irreplicable property into a future-ready workplace with durable value for investors and enduring relevance for the North Shore district.
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