Federated Tower

Federated Tower is a 358-foot-tall (109 m) skyscraper in Pittsburgh, Pennsylvania. The building is part of Liberty Center, a two-building complex which also includes the Westin Convention Center Hotel. It was completed in 1986 and has 27 floors and 530,000 square feet (49,000 m²) of space. It is the 16th tallest building in the city and houses the corporate headquarters of Federated Hermes.

Federated Tower
Federated Tower, rising above the David L. Lawrence Convention Center
General information
Type	Office
Location	1001 Liberty Avenue
Coordinates	40°26′40″N 79°59′39″W
Construction started	1985
Completed	1986
Owner	CBRE Global Investors
Management	CBRE Group
Height
Roof	358 ft (109 m)
Technical details
Floor count	27
Floor area	530,000
Design and construction
Developer	Liberty Center Ventures

Liberty Center was developed and built by Liberty Center Ventures, a partnership of Forest City Enterprises and Jos. L. Muscarelle, Inc., and opened in December 1986. The $137 million mixed-use complex was the first major development following the Renaissance II burst of construction in downtown Pittsburgh.[1] The entire Liberty Center complex opened in December 1986.[2][3][4][5] The complex was financed from three sources: a $99 million loan from Metropolitan Life Insurance Company, $21 million from the Pittsburgh Urban Redevelopment Authority, and the remainder from Jos. L. Muscarelle, Inc. and Forest City Enterprises.[1]

In August 2013 the tower was sold by Forest City to Starwood Capital Group for $135 million.[6][7][8]

On February 18, 2014, the tower opened the newly relocated downtown post office on the lobby floor.[9]

In January 2017, CBRE Global Investors purchased the Federated Tower for an estimated $98 million. The purchase did not include the adjacent Westin Convention Center Hotel, which was part of the 2013 by Starwood Capital Group.[10][11]