EQT Plaza
Encyclopedia
EQT Plaza, formerly known as the CNG Tower and later the Dominion Tower, is a major and distinctive skyscraper in Downtown Pittsburgh, Pennsylvania
. The structure was built for Consolidated Natural Gas, a regional energy company. In 1999, CNG was purchased by Dominion Energy, which moved out of the building in 2007. During the summer of 2009, EQT Corporation moved its corporate headquarters and several business units from the 6-story building EQT had built and moved into in 2005, just across the Allegheny River
in the North Shore
neighborhood of the city.http://www.bizjournals.com/pittsburgh/stories/2008/09/29/daily20.html Equitable Gas Company, the natural gas utility owned by EQT Corporation, remains on 2 floors of the former headquarters building on the North Shore.
EQT Plaza was completed in 1987 and it has 32 floors. It rises 430 feet (131 meters) above Downtown Pittsburgh. It was influenced heavily by the Art Deco architecture found in other Pittsburgh skyscrapers, like the Gulf Tower
, Koppers Tower
and Grant Building.http://www.emporis.com/application/?nav=building&id=dominiontower-pittsburgh-pa-usa&lng=3
The building was owned between 2005 and 2010 by the Blackstone Group
, a real estate firm well known for their management of high risk assets. After buying the structure following the bankruptcy of former owners, they successfully increased the building's occupancy rate from 66% to 97%.http://online.wsj.com/article/SB10001424052748703763904575196282428070458.html In 2010, Blackstone sold the building to Pearson Realty Services.
Pennsylvania
The Commonwealth of Pennsylvania is a U.S. state that is located in the Northeastern and Mid-Atlantic regions of the United States. The state borders Delaware and Maryland to the south, West Virginia to the southwest, Ohio to the west, New York and Ontario, Canada, to the north, and New Jersey to...
. The structure was built for Consolidated Natural Gas, a regional energy company. In 1999, CNG was purchased by Dominion Energy, which moved out of the building in 2007. During the summer of 2009, EQT Corporation moved its corporate headquarters and several business units from the 6-story building EQT had built and moved into in 2005, just across the Allegheny River
Allegheny River
The Allegheny River is a principal tributary of the Ohio River; it is located in the Eastern United States. The Allegheny River joins with the Monongahela River to form the Ohio River at the "Point" of Point State Park in Downtown Pittsburgh, Pennsylvania...
in the North Shore
North Shore (Pittsburgh)
The North Shore is a neighborhood in Pittsburgh, Pennsylvania's North Side. It has a zip code of 15212, and has representation on Pittsburgh City Council by both the council members for District 1 and 6...
neighborhood of the city.http://www.bizjournals.com/pittsburgh/stories/2008/09/29/daily20.html Equitable Gas Company, the natural gas utility owned by EQT Corporation, remains on 2 floors of the former headquarters building on the North Shore.
EQT Plaza was completed in 1987 and it has 32 floors. It rises 430 feet (131 meters) above Downtown Pittsburgh. It was influenced heavily by the Art Deco architecture found in other Pittsburgh skyscrapers, like the Gulf Tower
Gulf Tower
Gulf Tower is one of the major distinctive and recognizable features of downtown Pittsburgh, Pennsylvania. The tower is named for the Gulf Oil Corporation, which was one of the leading multinational oil companies of its time, consistently ranking among the largest 10 corporations in the country...
, Koppers Tower
Koppers Tower
Koppers Tower is one of the major distinctive and recognizable features of Downtown Pittsburgh, Pennsylvania, United States. The tower is named for the Koppers Chemical Corporation....
and Grant Building.http://www.emporis.com/application/?nav=building&id=dominiontower-pittsburgh-pa-usa&lng=3
The building was owned between 2005 and 2010 by the Blackstone Group
Blackstone Group
The Blackstone Group L.P. is an American-based alternative asset management and financial services company that specializes in private equity, real estate, and credit and marketable alternative investment strategies, as well as financial advisory services, such as mergers and acquisitions ,...
, a real estate firm well known for their management of high risk assets. After buying the structure following the bankruptcy of former owners, they successfully increased the building's occupancy rate from 66% to 97%.http://online.wsj.com/article/SB10001424052748703763904575196282428070458.html In 2010, Blackstone sold the building to Pearson Realty Services.