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ASCEND Point Breeze

ASCEND_Point_Breeze
Location
400 N. Lexington Street
Pittsburgh, PA
County
Allegheny
Description
Business expansion loan
Total Project Cost
$2,375,000
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We’ve had such a good, strong relationship with The Progress Fund and Enterprise Bank.  Our first call was to our partners, the people who have helped us to achieve our vision and our goals.  We’ve had numerous conversations with the team at The Progress Fund, ensuring that everybody was on the same page.

- Alex Bernstein, co-founder, ASCEND Pittsburgh

People

ASCEND Climbing’s founders never forgot their roots.  Alex Bernstein, Aaron Gilmore and Paul Guarino met at The Climbing Wall, a pioneering bouldering gym opened in 1992 in Pittsburgh’s East End.  Even as they opened ASCEND in the South Side, and then bought a gym in Youngstown, the three thought often of the East End.  As ASCEND rebounded from the pandemic, Alex reached out to The Climbing Wall’s owners, and learned that they were open to sunsetting the business.  Blocks from The Climbing Wall was the new Rockwell Park development.  A plan emerged, Alex says, “to literally adopt and take over the memberships for the folks that are currently members of The Climbing Wall” — but ultimately do much more.

Progress

The Progress Fund and Enterprise Bank funded ASCEND’s first and second locations.  This time the lenders agreed to split $1.7 Million in financing and tapped a Small Business Administration program.

Impact

ASCEND’s new location brings 40′ rope climbing walls to Pittsburgh and expands opportunities for everything from advanced bouldering to paraclimbing.  The trio is dedicated to serving all of the East End, and their Equity and Outreach Department has developed programs to encourage diversity in their membership.  Climbing creates “a beneficial community anybody can be a part of,” says Paul.  “It’s a healthy community, focused on fitness, wellbeing and connectedness.”