News

SCORE Receives $50 Million New Markets Tax Credit Award for 9th Award

September 26, 2024

SCORE-CDE

McCaffery supported Southside Community Optimal Redevelopment Enterprise (SCORE) is thrilled to announce it has been awarded $50 million in New Markets Tax Credit (NMTC) allocation from the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund.

Lincoln Common Wins Urban Land Institute’s 2024 Americas Award for Excellence

July 25, 2024

Lincoln Common Wins Urban Land Institute’s 2024 Americas Award for Excellence Transformative Lincoln Park Development Stands Out for Community Engagement, Multi-generational Living Options and Affordable Housing

Developer For Clocktower Project Brings Impressive Track Record To Springfield

June 20, 2024

BusinessWest.com

When Ed Woodbury was encouraged by close friend Tim Brangle, president of Chicago Consultants Studio, to closely consider the Clocktower Building project in Springfield, he immediately challenged him to back up that request...

The POWER Of The Strip

June 14, 2024

Video Credit: Studious One

Pittsburgh's Strip District is a bustling submarket that has experienced immense growth over the last decade. McCaffery entered the market with the catalytic redevelopment of The Cork Factory in 2006. Since its delivery, the population in the Strip has increased by more than 1000%! Check out this video to see the EPIC transformation and vibrancy of this unique neighborhood!

Shake Shack Opens 1st Pittsburgh Location at The Terminal

May 20, 2024

McCaffery welcomes Shake Shack to The Terminal with an amazing grand opening celebration, featuring a ribbon cutting and speeches from McCaffery's Dean Welch, Councilman Bobby Wilson, Mayor Ed Gainey, and new Shake Shack CEO Rob Lynch. Special appearances by the Penguins mascot Iceburgh, Steeline Pittsburgh, and University of Pittsburgh cheerleaders made the event even more memorable.

McCaffery Awarded Management of Connection @ South Side

May 13, 2024

PITTSBURGH, May 13, 2024 – Effective today, McCaffery Interests’ Property Management division will take over the third-party management assignment of Connection @ South Side, a 280-unit, multi-family building at 2984 Sidney Street in the South Side neighborhood of Pittsburgh.

Officials share plans, progress on Springfield's downtown revitalization

May 2, 2024

The Reminder / Chris Maza

McCaffery Interests Inc. President Edward Woodbury detailed plans to create ground-level retail with housing on the floors above at both the Clocktower Building and Colonial Block, adding approximately 100 living units of varying size. Sheehan described the businesses on the ground floor as “curated” retail and commercial. The Stockbridge Building would house a lobby and amenities and services for the apartments, including the leasing office, mail room and fitness center. Stockbridge Street would be made into a pedestrian-friendly way and the rooftop of the Stockbridge Building would be “...

First Look: Novo Asian Food Hall starts with a bang, promises to 'keep it exciting'

March 12, 2024

Post-Gazette

All seven eateries in the 8,600-square-foot space present concise, intentional menus representing their stop on the crossroads of Asian cuisines. Individually, they are manageable enough that the 330-square-foot kitchens shouldn’t have to pull back on nuance for the sake of speed. Together, they provide enough variety that you could come here every day for a month and have something new to eat.

Drip Collective To Open First Café at Twelve01West

January 16, 2024

McCaffery welcomes Drip Collective to Twelve01West, in Chicago’s Fulton Market neighborhood. The new concept from Lincoln Square’s Side Practice Coffee, Drip Collective, will open in 1,778-square-feet at 172 N. Racine Avenue in January 2024.

T3 RiNo Signs Full-Building Office Lease With Xcel Energy

November 29, 2023

Ivanhoé Cambridge, Hines and McCaffery, global real estate firms, today announced Xcel Energy-Colorado has pre-leased the entirety of office space at T3 RiNo, the new six-story, mass timber office building in Denver’s River North Arts District (RiNo). Xcel Energy will be the largest office tenant in the RiNo submarket upon relocating to its new 220,172 square-foot regional headquarters at T3 RiNo.

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