JLL Pittsburgh Chart of the Week: August 15, 2016

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The largest development in Pittsburgh this year is Shell's cracker plant. The $4B project will have a tremendous impact on the region.

Real Estate

Region continues preparing for the impact of
Shell’s cracker plant
Pittsburgh
Source: JLL Research
Chart of the week: August 15, 2016
By the numbers: the Shell cracker plant
• In the second quarter, Shell announced it was moving forward with plans to build a $4.0 billion cracker
plant in Beaver County that will convert ethane into polyethylene pellets. Construction is set to begin
within 18 months and once completed, the plant will position southwest Pennsylvania as a dominant
domestic energy center. The development is projected to create 6,000 construction jobs, with an
additional 600 permanent jobs when completed.The region is expected to benefit greatly from this
development and more industrial projects are already filling the construction pipeline.
6,000 temporary construction jobs created
600 permanent jobs created
Total cost = $4.0 billion $$$$

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JLL Pittsburgh Chart of the Week: August 15, 2016

1. Region continues preparing for the impact of Shell’s cracker plant Pittsburgh Source: JLL Research Chart of the week: August 15, 2016 By the numbers: the Shell cracker plant • In the second quarter, Shell announced it was moving forward with plans to build a $4.0 billion cracker plant in Beaver County that will convert ethane into polyethylene pellets. Construction is set to begin within 18 months and once completed, the plant will position southwest Pennsylvania as a dominant domestic energy center. The development is projected to create 6,000 construction jobs, with an additional 600 permanent jobs when completed.The region is expected to benefit greatly from this development and more industrial projects are already filling the construction pipeline. 6,000 temporary construction jobs created 600 permanent jobs created Total cost = $4.0 billion $$$$

JLL Pittsburgh Chart of the Week: August 15, 2016

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