Improved Dining and Retail Options Coming to Fifth Avenue Place
Highmark Health’s $20 million upgrade is expected to take three years to complete.
Fifth Avenue Place, the Downtown headquarters for Highmark Health since its completion in 1988, is getting a $20 million facelift.
The upgrades will include enhanced retail and dining space, including rebranding the second-floor food court as The Food Hall on Fifth. The first floor will house retail with the possibility of a restaurant there as well. Work is expected to take place over the next three years, Highmark announced at a press conference Wednesday.
In addition to Highmark offices, the 31-floor iconic skyscraper houses 16 tenants. Office occupancy is at 100 percent office occupancy while retail occupancy is at 72 percent, Highmark reports.
In a statement, Dan Onorato, Highmark’s Executive Vice President of Corporate Affairs, says the project is part of the city and health care institution’s transformation: "Our headquarters, where many of our employees work to get health care right for our members and patients, should reflect that spirit of transformation. We are also investing in and modernizing a space that has been a community asset for generations, dating back to the days of the Jenkins Arcade. With our new investment, this space will continue to be a community asset in a thriving Downtown region."