The Midstream Booms

After a quiet first quarter the gas midstream investment is roaring again. The industry is building capacity to process natural gas in the western Washington County and eastern Belmont County areas to create hub of sorts. MarkWest is building the Harmon Creek Gas Processing Plant in Smith Township near Burgettstown. The plant will process 200 million cubic feet per day in a cryogenic operation and 20,000 barrels per day in its fractionation process. Based on similar projects, the construction should run $250-275 million. Bids for early packages are due May 31.

The plant will be close by the 400 MCF Revolution plant being constructed by Energy Transfer Partners, as well as a handful of compressor stations. Among those are ETP’s Joffrey compressor, the Gibraltar Compressing Station being built by TEK Construction for Columbia Gas, MarkWest’s Down Home, Imperial and Cibus stations. EQT is in the approval process for a large 21,400 HP compressor in Union Township, called the McIntosh Compressing Station. The cost of that project should run $85 million or more.

Millcraft Investments announced this morning that the new construction at 350 Oliver – the former Saks site – would be a 70-unit condo called The Lumiere, rather than the Moxie Hotel that was previously proposed. Millcraft and its co-developer, McKnight Realty, selected Mosites Construction to build the $35 million project.

Oxford Realty services announced that it is leasing spaces in a 28,000 square foot retail building – called The Junction – to be built adjacent to the Hyatt House at the Liberty and Baum intersection in Shadyside. The building is being developed by the Voelker Family and Sierra Associates. Construction is scheduled for fall.

West Allegheny School District awarded contracts on its $5 million high school pool addition and renovation. Yarborough Development will be the general contractor.

 

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