An Arizona-based real estate investment firm bought part of the vacant seven-story building in downtown Greensburg that formerly housed A.E. Troutman Co. department store with plans to convert it into 57 apartments.
Urban Communities Steel Valley LLC of Phoenix told city officials it wants to create “multi-family workforce apartments” in the building at 225 S. Pennsylvania Ave. Urban Communities Steel Valley, one of seven funds Urban Communities formed to acquire real estate across the nation, bought the building from Downtown Commons LLC of East Pittsburgh on April 22 for $460,000, according to the Westmoreland County Recorder of Deeds.
The 7,140-square-foot building remains linked to the original Troutman’s building on South Main Street, which was converted into apartments for senior citizens by the Westmoreland County Housing Authority more than 20 years ago. The department store closed in 1985, but the two buildings remain connected by a bridge over an alley, as well as a tunnel. Seton Hill University had used the first floor of the building from 2008 to 2015, for visual arts classes, said Jennifer Reeger, Seton Hill spokeswoman.