logo
Study puts Point Park University's regional economic impact at nearly $237M, set to double

Study puts Point Park University's regional economic impact at nearly $237M, set to double

Yahoo12-06-2025
The results of a study commissioned by Point Park University have put a number on just how much economic impact the downtown school has on the Pittsburgh region.
The study, compiled by community and economic development consulting firm Fourth Economy, found that annually, Point Park contributes $236.7 million to the regional economy and creates 3,270 jobs. The study also found that, if per Point Park's Pioneer Vision 2030 strategic plan, it grows its enrollment by 30% amid other expansion efforts, that impact will grow to $486.3 million and 4,370 jobs by the school's 100-year anniversary in 2033.
Those figures are derived from the totality of the university's operations, students, visitors and construction. The jobs figure includes direct jobs and indirect jobs.
Click here to read more from our partners at the Pittsburgh Business Times.
Download the FREE WPXI News app for breaking news alerts.
Follow Channel 11 News on Facebook and Twitter. | Watch WPXI NOW
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Point Park University to house some students in Downtown Pittsburgh's Wyndham Grand hotel
Point Park University to house some students in Downtown Pittsburgh's Wyndham Grand hotel

CBS News

time4 days ago

  • CBS News

Point Park University to house some students in Downtown Pittsburgh's Wyndham Grand hotel

Some incoming freshman at Point Park University will be staying in a hotel this fall. Point Park says it's anticipating one of its largest freshman classes in history and doesn't have enough room for all of them. A spokesperson for the university says some students will be staying at the Wyndham Grand hotel near Point State Park. "Enrollment has risen enough for the fall semester, particularly with first-year freshmen, and that's what caused us to seek a hotel partner," Point Park University spokesperson Lou Corsaro told the Post-Gazette. The school says the hotel is a five to six minute walk to class and students who stay in the hotel won't have to pay any extra fees. Most students at Point Park are expected to move onto campus between August 16 and August 23. Point Park's placing students in hotels comes as the University of Pittsburgh is also putting freshman students into off-campus hotels and apartments. 400 beds have been reserved for freshman students at off-campus apartments and at the Hampton Inn on Hamlet Street. Pitt says the facilities all meet the universities' standards for safety, amenities, and access to campus resources.

Shorty's Pins x Pints to expand into former Voodoo Brewery space on North Shore
Shorty's Pins x Pints to expand into former Voodoo Brewery space on North Shore

Yahoo

time13-06-2025

  • Yahoo

Shorty's Pins x Pints to expand into former Voodoo Brewery space on North Shore

Herky Pollock is ready to expand Shorty's Pins x Pints into a closed former craft brewpub on the North Shore. At a Downtown Dialogs panel discussion held at Point Park University's Lawrence Hall on Wednesday evening, Pollock revealed his new plan amid an ongoing discussion about downtown and its various needs, particularly for retail. 'We're going to take over Voodoo Brewery and expand Shorty's,' Pollock said. Shorty's is located at 353 N. Shore Dr. on the North Shore, next to where Voodoo Brewing had been located in the same building. Click here to read more from our partners at the Pittsburgh Business Times. Download the FREE WPXI News app for breaking news alerts. Follow Channel 11 News on Facebook and Twitter. | Watch WPXI NOW

Study puts Point Park University's regional economic impact at nearly $237M, set to double
Study puts Point Park University's regional economic impact at nearly $237M, set to double

Yahoo

time12-06-2025

  • Yahoo

Study puts Point Park University's regional economic impact at nearly $237M, set to double

The results of a study commissioned by Point Park University have put a number on just how much economic impact the downtown school has on the Pittsburgh region. The study, compiled by community and economic development consulting firm Fourth Economy, found that annually, Point Park contributes $236.7 million to the regional economy and creates 3,270 jobs. The study also found that, if per Point Park's Pioneer Vision 2030 strategic plan, it grows its enrollment by 30% amid other expansion efforts, that impact will grow to $486.3 million and 4,370 jobs by the school's 100-year anniversary in 2033. Those figures are derived from the totality of the university's operations, students, visitors and construction. The jobs figure includes direct jobs and indirect jobs. Click here to read more from our partners at the Pittsburgh Business Times. Download the FREE WPXI News app for breaking news alerts. Follow Channel 11 News on Facebook and Twitter. | Watch WPXI NOW

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store