WDVE has probably played the Bachman-Turner Overdrive song “Roll On Down The Highway” countless times since its release decades ago. Now, the iconic Pittsburgh rock station is taking the band’s advice.
iHeartMedia Inc., which includes WDVE, has signed a lease to relocate its headquarters from 200 Fleet Street in Green Tree to Beacon I, an 80,000-square-foot office building in South Fayette owned by Burns Scalo Real Estate.
The company will be taking 9,400 square feet on the first floor of the $16 million office building located at 44 Abele Road in the Abele Business Park. While that’s less than it had in Green Tree, the new space will include significant upgrades.
Snagging iHeartMedia brings a major tenant to the four-story Beacon I, the first Class A office building erected by Burns Scalo in the township. It also is planning a second four-story, 80,000-square-foot office building known as Beacon II in the business park.
“The current activity taking place is what the community has been waiting for for a long time. South Fayette is no longer a pass-through along I-79; it is the premier destination south of Pittsburgh,” said Jim Scalo, Burns Scalo CEO.
In addition to the office buildings, Burns Scalo is developing The Piazza, a 49,000-square-foot restaurant and entertainment destination at the entrance to the business park.
As part of the relocation, WDVE will be leaving its longtime home at 200 Fleet Street, an office building that can be seen from the Parkway West. In fact, for years, the building, part of the Jacob Center complex, has had “102.5 WDVE” emblazoned at its top for motorists heading toward Downtown Pittsburgh to see.
iHeartMedia plans to begin the buildout of the space this month and move into its new headquarters in the third quarter of 2021.
Representing Burns Scalo in the deal were Ruby Scalo and Shannon McGuire. Tim Goetz, a managing principal at Grant Street Associates / Cushman Wakefield, who represent iHeart, could not be reached for comment.
Mark Belko: mbelko@post-gazette.com or 412-263-1262.
First Published: April 19, 2021, 6:19 p.m.
Updated: April 20, 2021, 9:18 a.m.
