Bosch to Open New Technology Center in Pittsburgh
by Adriana Pop, Commercial Property Executive
Pittsburgh—German technology company Robert Bosch LLC will nearly double its footprint in the region with the opening of a 51,667-square-foot technology center in Pittsburgh in July 2016.
The company has signed a seven-year lease to occupy a three-story, 77,501-square-foot building now under construction at 2555 Smallman St. The upcoming facility is part of Oxford Development’s 3 Crossings complex in the Strip District, an area known for its emerging tech and start-up economy.
The new office, which will consolidate many Bosch associates in the region into a single location, will initially house about 140 employees. The development of this center was driven by the need to accommodate the growth of the company’s business units, including Bosch’s subsidiary Akustica, a world leader in microelectromechanical systems (MEMS) microphone products, and Bosch’s Research and Technology Center in Pittsburgh.
“Bosch is experiencing continued, significant growth in many regions, and this is especially true in Pittsburgh,” said Mike Mansuetti, president of Robert Bosch. “We have been in this area for many years and have formed many successful collaborations with other companies and organizations, like Carnegie Mellon University. We look forward to continuing our presence in such an exciting, tech-focused part of the region, and adding to its growing reputation as a hub for innovation.”
According to Oxford Development, the 16-acre 3 Crossings mixed-use development ranks as one of the largest redevelopment projects in the region and provides a place for companies to think differently about the way they do business.