After rumors circulated about a possible city relocation or that the company was eying the former Civic Arena site, U.S. Steel, the Pittsburgh Penguins, and the City of Pittsburgh have confirmed U.S. Steel will remain in Pittsburgh. The announcement was made Monday, November 24 at Consol Energy Center. In attendance were Pittsburgh Penguins President & CEO David Morehouse, U.S. Steel CEO Mario Longhi, Pittsburgh Mayor Bill Peduto, Allegheny County Executive Rich Fitzgerald and Pennsylvania Governor Tom Corbett.

Since the former Civic Arena demolition, the Pittsburgh Penguins and the City of Pittsburgh have looked for a major tenant that would call the 28-acre site home.
Pittsburgh Penguins President & CEO David Morehouse stated, “U.S. Steel for Pittsburgh is more than just a company. It’s the foundation on which this city was built.”

The new headquarters of U.S. Steel will be five stories high and will contain 250,000 square feet of office space and 18,000 square feet of retail space. The new world headquarters will also contain a steel museum highlighting the importance of the industry on the region.

Mario Longhi, U.S. Steel CEO explained, “We’re proud to be part of the revitalization of the Lower Hill District. This building will increase collaboration and innovation.” Longhi went on to say that about 800 employees would relocate from the U.S. Steel Tower to the new headquarters.

The company, which has been headquartered in the U.S. Steel Tower since 1971, has a lease that expires in 2017. Construction for the new headquarters will start in August or September 2015 and will be completed by the time U.S. Steel’s lease ends in the U.S. Steel Tower.