SouthSide Works

What SouthSide Works does

SouthSide Works is a privately held mixed-use commercial real estate property and lifestyle center located on the Monongahela riverfront in Pittsburgh's historic Southside neighborhood, redeveloped from the former J&L Steel Works site. The asset combines office space (Box Office), retail and restaurant storefronts, recreational amenities (Town Square, Dog Park, Sport Court, South Side Marina), and residential properties (The Park's 247 luxury multifamily units and the 83 SouthSide Flats units). It is anchored by adjacency to the Great Allegheny Passage and the Three Rivers Heritage Trail, and includes the 1,000-seat South Shore Riverfront Park amphitheater.

The property generates revenue primarily through recurring rental streams: commercial leases for office and retail space, and residential leases for The Park and SouthSide Flats apartments. Pricing for both office/retail leases and residential units is negotiated individually rather than publicly disclosed. Leasing is executed through institutional channel partnerships — CBRE handles office leasing and property management, while Legacy Realty Partners represents retail leasing. Tenant mix spans SMB food and beverage operators (Slice on Broadway, Tasty Taquitos, Levity Brewing, Nan Xiang Soup Dumplings, Kura Sushi, The Speckled Egg), local and national retailers, fitness and lifestyle shops, and office tenants including notable companies and nonprofits. Year-round event programming (Neighborhood Flea, Music on the Lawn, Yappy Hour, fitness series, holiday markets, TacoMania, Rocktoberfest) is delivered in partnership with organizations such as I Made It! Market, Beers of the Burgh, Women Who Rock, and Unity Recovery to drive foot traffic.

In 2019, the property was acquired by national investment and development firm Somera Road, which is currently overseeing a $37 million transformation covering residential updates, new innovative office space, parks and greenspace improvements, and additional riverfront residential and living space. Marketing is community-driven through an events calendar, newsletter subscription, social media, and earned Pittsburgh media coverage. SouthSide Works serves three primary customer segments — office tenants, retail/restaurant tenants, and residential tenants — plus visitors and the surrounding Pittsburgh community.

Name

SouthSide Works

Legal name

SouthSide Works

Website

https://southsideworks.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

SouthSide Works is a privately held mixed-use lifestyle center in Pittsburgh's Southside, owned by Somera Road, combining office space, retail and restaurant tenants, and 330 residential units on the Monongahela riverfront with trail access and year-round community events.

Ownership category

akta.pro rank

Product category

Mixed-Use Real Estate / Lifestyle Center

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (53112)

SIC

Non-Operating Establishments (9995), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Luxury Serviced Residences (THAGAEAJ)

akta.pro secondary industries

Furnished Corporate Apartments (Urban, Mid-Rise) (THAMAHAG), Executive & VIP Corporate Housing (THAMAHAF)

Keywords

• Mixed-use real estate
• Commercial property leasing
• Office space rental
• Multifamily residential leasing
• Lifestyle center management

Headquarters

HQ city

Pittsburgh

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Marketing or Sales

Revenue model

1. Commercial Real Estate Leasing: SouthSide Works generates revenue through leasing office space, retail space, and restaurant locations to tenants. The property features Box Office space, office suites, and retail/restaurant locations. Additionally, The Park is a 247-unit multifamily residential property on the riverfront.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

SouthSide Works is a mixed-use lifestyle center that leases commercial office space, retail storefronts, and restaurant locations to tenants, and operates multifamily residential apartments. The property at 424 S 27th St in Pittsburgh includes The Park (247 luxury apartment units), Box Office (modern office suites), SouthSide Flats (83 residential units), retail and dining venues, and public amenities such as Town Square, Dog Park, Sport Court, and South Shore Riverfront Park.

Product overview

SouthSide Works is a mixed-use city lifestyle center in Pittsburgh, Pennsylvania, situated on the Monongahela riverfront on the site of the former J&L Steel Works. The property operates as a unified portfolio of physical real estate offerings including: Town Square (a central gathering space with food concepts), Sport Court (basketball and pickleball), and Dog Park (social space for pets). It encompasses commercial real estate through Box Office (modern office space) and residential properties including The Park (247-unit luxury riverfront apartments) and SouthSide Flats (83 residential units). Additional amenities include Tunnel Park, South Shore Riverfront Park with a 1,000-seat amphitheater, South Side Marina, and access to the Great Allegheny Passage and Three Rivers Heritage Trail. The property also hosts year-round event programming.

Differentiator

Problem solved

Functional benefit

Products and services

• The Park (Residential Apartments)

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Legacy Realty PartnerscoreChannel Partner/ Reseller/ DistributorLegacy Realty Partners represents retail leasing for SouthSide Works. Herky Pollock serves as the contact for retail tenant inquiries and leasing opportunities at the property.
• CBREcoreChannel Partner/ Reseller/ DistributorCBRE handles office leasing and property management for SouthSide Works. Contacts include Carmine DiLucente and Charlie Must for office leasing, and Beth Edwards for property management.
• I Made It! MarketcoreGTM or Marketing PartnerI Made It! Market produces the Neighborhood Flea vintage and artists market at SouthSide Works, featuring 85-100+ vendors. The partnership brings regular foot traffic and community events to Town Square.
• Levity BrewingminorGTM or Marketing PartnerLevity Brewing operates at the Dog Park and participates in monthly Dog Park Yappy Hour events, donating a percentage of sales to area nonprofits. The partnership supports community fundraising while providing beverage service.
• Beers of the BurghminorGTM or Marketing PartnerBeers of the Burgh produces signature food and beer events at SouthSide Works including TacoMania and Rocktoberfest, attracting large crowds to the property for annual festivals.
• Women Who RockminorGTM or Marketing PartnerWomen Who Rock operates a pop-up shop at SouthSide Works featuring women-owned businesses. They host events like the Great Pink Pumpkin Patch benefiting Magee Womens Research Institute.
• Unity RecoveryminorGTM or Marketing PartnerUnity Recovery partners with SouthSide Works for annual CommUnity Day events celebrating recovery and community connection. Proceeds benefit community wellness initiatives.
• CoHatchminorGTM or Marketing PartnerCoHatch operates at SouthSide Works and partners on events including the annual NOON Years Eve celebration for families. Located at 2681 Sidney Street.
• The ParkcoreStrategic or Co-development PartnerThe Park is a 247-unit luxury multifamily property that is part of the SouthSide Works development. It offers rooftop fitness events like SouthSide Works Out and serves as an amenity for the broader mixed-use development.
• Great Allegheny PassageminorOthersSouthSide Works is adjacent to and provides access to the Great Allegheny Passage, a 150-mile trail system connecting Pittsburgh to Cumberland, Maryland, and ultimately Washington D.C. via the C&O Canal Towpath.
• Three Rivers Heritage TrailminorOthersSouthSide Works is adjacent to the Three Rivers Heritage Trail, an approximately 33-mile urban rail trail paralleling Pittsburgh riverbanks. The property serves as a key access point for trail users.
• South Shore Riverfront ParkminorOthersSouth Shore Riverfront Park opened in 2012 adjacent to SouthSide Works, featuring a 1,000-seat amphitheater and public park space. The former steel mill barge dock was converted to public recreation space.

Scale indicators5 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Federal Realty Investment Trust: Public REIT operating open-air, mixed-use lifestyle centers with premium dining, retail, and residential adjacencies. Closely comparable to SouthSide Works' urban mixed-use model, curated tenant mix, and lifestyle positioning.
• Regency Centers: Public REIT focused on open-air and lifestyle shopping centers with grocery anchors and curated dining/service tenants. Comparable in tenant curation, open-air format, and community-oriented programming.
• Phillips Edison & Company: Public REIT operating community and lifestyle shopping centers with daily-needs anchors and experiential tenants. Comparable in lifestyle format, leasing structure, and event-driven foot-traffic strategies.
• Brixmor Property Group: Public REIT operating open-air shopping centers across the U.S. with a focus on grocery-anchored formats. Comparable in retail leasing model, anchor strategy, and open-air physical format.
• Acadia Realty Trust: Public REIT operating street-retail and urban-focused lifestyle properties. Comparable in urban mixed-use positioning, curated tenanting, and experiential merchandising.
• Macerich: Public REIT operating regional malls and mixed-use town centers with lifestyle components. Comparable in mixed-use retail/dining/entertainment model, curated tenant mix, and event-driven engagement.

Broad incumbents

• Kimco Realty: Large-cap public REIT operating open-air shopping centers across the U.S. Comparable in open-air format and tenant mix, but with broader portfolio scale and platform capabilities than a single-property asset.
• Brookfield Properties: Large global real estate operator and developer managing mixed-use and retail assets. Comparable in mixed-use development model and capital-deployment scale but with a much broader and more diversified portfolio.
• Howard Hughes Holdings: Public REIT developing master-planned communities with mixed-use town centers, retail, dining, and residential components. Comparable in mixed-use town-center model and curated lifestyle tenanting at a larger scale.

Regional players

• PREIT: Regional public REIT focused on retail in the Northeast U.S., including Pennsylvania markets. Comparable in open-air retail and lifestyle formats and overlapping geography with Pittsburgh.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/SouthSideWorks
• LinkedInlinkedin.com/company/south-side-works-cinemas-lp

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SouthSide Works