Courtesy of Gensler
An architect’s rendering of FNB’s 24-story tower surrounded by other planned development on the former Civic Arena property in Pittsburgh’s Lower Hill District.
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As FNB Corp. and the Pittsburgh Penguins work to redevelop the former Civic Arena site that will be anchored by a new FNB headquarters, the company Tuesday announced $7 million in other investments to improve the neighborhood.
A new $5 million gap lending program will provide loans of up to $400,000 so local businesses can expand or locate in the neighborhood. The Hill District Gap Lending Program is designed to help future projects in the area, FNB said. The idea is to serve low- to moderate-income and minority census tracts in the Hill District.