| Settlers Ridge | |
| Location: | Robinson Township, Allegheny County, Pennsylvania, United States |
| Coordinates: | 40.4388°N -80.1454°W |
| Opening Date: | 2009 |
| Developer: | CBL & Associates Properties, Inc. and Faison Enterprises, Inc. |
| Manager: | Wilder Companies |
| Owner: | Inland Real Estate Income Trust Inc. |
| Number Of Stores: | 50+ |
| Number Of Anchors: | 5 |
| Floor Area: | 600000square feet |
| Floors: | 1 (some anchors feature 2 levels) |
| Parking: | 2,940 spaces |
Settlers Ridge is an open-air lifestyle center in Robinson Township, Allegheny County, Pennsylvania about halfway between Penn Center West and the Robinson Town Centre. The $100 million shopping complex opened for business on October 30, 2009, with phase two of the development currently under construction as of Spring 2011. It is owned by O'Connor/Real Vest Retail Holding Co. LLC of New York, with Boston-based Wilder Companies handling management and leasing at the shopping center.
In 2006, following the completion of the Ridge Road interchange off of the Parkway West (U.S. Route 22/30), developers CBL & Associates Properties, Inc. and Faison Enterprises, Inc., purchased about 79acres nearby from Robinson Park Associates to develop a new lifestyle center, which was to be called Settlers Ridge.[1] [2] [3]
The plans were put before the local planning commission in the fall of 2006,[4] and approved by the Robinson commissioners in November 2006.[5] An amended plan for the development was approved by the town commissioners in October 2007,[6] and work began on the site soon after with construction on buildings beginning in the summer of 2008.[7] [8] [9] In late 2010, CBL sold the first phase of the Settlers Ridge shopping complex to O'Connor/Real Vest Retail Holding Co. LLC of New York for $132.9 million, with an option to purchase the phase two addition from CBL at a later date. Boston-based Wilder Companies currently manages and leases the complex.[10]