Stevenson Williams Management Company

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Our Story

Stevenson, Williams Company has been a fixture in the Pittsburgh real estate community since 1919. Originally incorporated on March 29, 1919 as the Stevenson, Williams and Johnston Company, Lawrence T. Stevenson, Benjamin F. Williams and Percy H. Johnston became the first three officers of the fledging company. For the first several years, the company was based within the growing city of Pittsburgh in the historic Union Trust building on Grant Street. It was in these offices that a business strategy was mapped out that would take the company to it’s present location in Mt. Lebanon. These three men agreed that the future laid within the rich, wide-open farmlands to the south of the city.

The opening of the Liberty Tunnels in 1924 solidified this vision as the once distant suburbs were now easily accessible to the everyday family. However, by the time of the move into the new office building in 1927, the company had already undergone one major change. Following the resignation of Percy Johnston in 1926, the remaining partners decided to operate as the Stevenson, Williams Company. Under this new name and from within the new offices, many of the Route 19 South Hills corridor residential housing communities were planned. Lawrence T. Stevenson, the visionary of these communities, became a nationally celebrated land developer and had served as the President of the Pittsburgh Real estate Board and later, in 1932, as the President of the National Association of Real Estate Boards. President Herbert Hoover appointed him that same year to work with Congress to help establish a central discount bank for home mortgage financing. The act which emerged from these efforts created the Home Loan Bank System.

By the mid 1930’s the company had expanded it’s list of services to include mortgage financing, property management and insurance sales. It had also lost the last of it’s founders as Lawrence Stevenson passed away in 1935. His brother, James W. Stevenson M.D. was immediately elected by the remaining shareholders to succeed him as President. In 1939, his son, James W. Stevenson Jr. began a career that spanned over four decades at the company. It was within these four decades that Stevenson, Williams would experience some of it’s highest peaks as well as it’s lowest valleys. The company continued to build upon it’s excellent reputation of land development and a large real estate sales staff complimented the entire operation. Several key real estate acquisitions were made which would prove to have long-lasting beneficial effects. James W. Stevenson Jr., who had succeeded his father as President of the corporation in 1959, became a bit of a pioneer himself as he successfully started the areas first real estate multi-list system. In addition, he opened a new specialized division within the company.

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