The Allegheny River and Monongahela River join to form the Ohio River at Pittsburgh, Pennsylvania. Hence the stadium was named after the three rivers that converge there.
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it was called three rivers because is was near the point. that is where the three rivers intercept.
Ground breaking was in April, 1968 and the first event, a game between the Pittsburgh Pirates and Cincinnati Reds, was held July 16, 1970.