As a professional investment advisor with a wide range of projects, PRIC is currently targeting investment projects in the following areas:
- Energy: fossil and alternative
- Technology: life sciences and information technology
- Entertainment: technology and traditional production projects
- Manufacturing: mechanical and advance materials
- Education and Medical
- Real estate
In addition to the large-scale development projects discussed below, PRIC can develop smaller projects around your interests. If you are an investor who is interested in investing in a certain type of business, we can probably create a funding project to fit your interest.
Current Open Projects
The Newbury Complex is a multi-phase residential and retail building project located in South Fayette Township, one of the fastest-growing municipalities in western Pennsylvania. The complex has attracted many national retailers, most recently TopGolf, a tech-based golf entertainment center. UPMC also has plans to build a medical facility within the Newbury Complex. Construction on the Newbury project’s residential section was completed in 2008 and the commercial section continues to develop as new retailers purchase in-demand property within the complex.
The Pittsburgh Regional Investment Center manages an EB-5 investment opportunity for the complex, with plans to generate $31 million from investors. The EB-5 loans close on an individual phase basis and are put to work immediately upon closing. This multi-phase approach has allowed the development on the site to flourish.
The other partners involved in the Newbury Development include EQA Landmark Communities, a Pittsburgh-based mixed-use community development team, who led the Newbury Development Associates partnership to purchase and develop the site in 2007, as well as Thistle Financial Group, LLC, a senior lender in the development.