As part of ongoing efforts to redevelop areas of the Monongahela River Valley, The Redevelopment Authority of Allegheny County (RAAC) purchased the Carrie Furnace Redevelopment Site in August of 2005 and has since been working with community, state, and federal partners to remediate the site in accordance with the Pennsylvania Land Recycling and Environmental Remediation Standards Act (PA Act 2) and turn it into a development ready property.
The majority of the property is located on the north shore of the Monongahela River in the boroughs of Swissvale and Rankin, and split between the 110 acre Main Pad, and the 37 acre Swissvale and Rankin Greenspace. The remaining 21 acres are situated on the southern side of the Monongahela, along the Whitaker and Munhall Riverfront.
The Carrie Blast Furnaces Number 6 and 7 National Historic Landmark District is situated in the western end of the Main Pad. The furnaces and land are leased by the Steel Industry Heritage Corporation and maintained by the Rivers of Steel Heritage Corporation who conduct tours, hold educational events, festivals, and private engagements.