Point Park University Acquires Downtown Pittsburgh Building for Campus Expansion

Pittsburgh, PA, September 10, 2026 — Point Park University has announced the acquisition of the former CVS building situated at the prominent intersection of Smithfield Street and Forbes Avenue in Downtown Pittsburgh. This strategic purchase marks a significant expansion of the university’s campus footprint, further integrating its presence within the city’s cultural and educational hub.

The newly acquired property is located in close proximity to the Pittsburgh Playhouse, a key performing arts facility operated by Point Park University. The acquisition is intended to bolster the university’s capacity and provide additional space for academic and operational needs. Specific details regarding the intended future use of the former CVS building were not immediately available in the announcement.

The transaction brings a well-known commercial space under the university’s ownership, positioning it to potentially enhance its facilities and offerings to students and faculty. The growth of the campus in the downtown core aligns with broader revitalization efforts in the area. Information regarding the timeline for renovations or occupancy, as well as the financial terms of the acquisition, has not been disclosed.

This development represents a continued investment by Point Park University in its downtown Pittsburgh location. The university has been a long-standing fixture in the area, and this expansion signifies its commitment to growing its physical presence and educational impact within the city. Further announcements regarding the integration of the new building into the university’s infrastructure are anticipated.

Story summarized from the original created by WPXI.com News Staff on www.wpxi.com, see more information here.

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