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Wednesday, June 14, 2006
Lafayette Square developer plans to rebuild after fire
Two early morning fires Wednesday destroyed two separate townhouse developments under construction in Lafayette Square, south
of downtown St. Louis. Three townhouses under construction at the Vail Place Townhomes in the 1400 block of South 18th Street
were completely destroyed in the first fire.
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Friday, May 12, 2006
Condo Developer Promises To Rebuild After $2 Million Arson
A local developer won't let an arsonist run her out of a south Saint Louis neighborhood. Her condo complex burned to the
ground two weeks ago. Now she's speaking out about the investigation, the evidence, and her dedication to rebuild.
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Wednesday, May 03, 2006
Developer will rebuild burned condominiums
A 36-unit condominium development will rise again from the ashes brought on by a spectacular four-alarm fire. "They're going
to rebuild," said Alderman Stephen Conway, D-8th Ward.Conway spoke of the $10 million Compton Gate Condominiums under
construction at 2201 S. Grand Boulevard, which burned Thursday.
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Thursday, April 27, 2006
Fire destroys under-construction condos in south St. Louis
No one was hurt this morning, but a mult-million dollar condo development in south St. Louis was destroyed by a four-alarm
fire. The Compton Gate Condominiums at Grand and Flad were destroyed; the project was to bring more 30 upscale condos and six
town homes to the Shaw neighborhood. Developer Ken Neurenberger said he plans to rebuild.
more
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Wednesday, April 26, 2006
OPUS unveiled design changes for the Lindell Condominiums
In a public meeting earlier this month, OPUS Northwest unveiled design changes for the Lindell Condominiums, a high-rise
building the developer plans on constructing on the northeast corner of the intersection of Lindell Boulevard and Euclid
Avenue.Among the changes are the placement below grade of two of four levels of parking and moving the residential tower 100
feet back from Euclid. In previous plans, the tower was set back 60 feet and all four parking levels were above ground.
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Monday, April 17, 2006
108 Soulard apartments purchased for $5.1 million
Developers Brian Wahby and Pete Rothschild have taken a sizable chunk of residential real estate off the market in Soulard.
Wahby, president of the real estate consultant group The Berrick Partnership, and Rothschild, owner of Rothschild
Development, closed April 5 on the purchase of 108 apartment units in the historic neighborhood for $5.1 million. Pioneer
Bank was the lender on the acquisition.
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Friday, April 14, 2006
Church built in 1881 is now home for condos
On beautiful spring mornings the wooden double doors atop the church steps at 1505 Missouri Avenue are again being thrown
open. Now, backed by custom-built, clear glass inner doors, the old church entrance frames what Jamie and Cheryl Andrews call
"one of the most beautiful views in St. Louis:" the vista of historic Lafayette Park from the living room of their modern
condo.
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Tuesday, April 11, 2006
Condos will top vacant Union Pacific building downtown
A St. Louis developer is closing in on plans to redevelop the vacant Union Pacific building downtown and build a 15-story
condo tower next door. The $125 million project, called "Park Pacific," will re-use a 22-floor building that was emptied last
year when Union Pacific Railroad moved 1,000 workers to Omaha, Neb.
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Wednesday, March 08, 2006
Urbanites unite to reframe historical standards debate
Surrounding a pool table at the Grind coffeehouse Feb. 26, a group of young urbanites gathered to express their support for a
proposed condominium development and create their plans for organizing their efforts.
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Wednesday, February 22, 2006
$8.7 million tax incentive sought for Jefferson Arms
Pyramid Cos. President John Steffen called the Jefferson Arms apartments "a significantly blighted structure" Wednesday and
asked city commissioners for an $8.7 million tax incentive to redevelop the building.
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Tuesday, February 21, 2006
Missouri approves $4.1 million in Brownfield Tax Credits
Governor Matt Blunt announced Tuesday the approval of state tax credits to help launch an $82 million rehabilitation of the
Syndicate Trust Building.
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Monday, February 20, 2006
New York developers invest in Dragon Trading building
The westward expansion of loft conversions continues with the recent sale of the old Dragon Trading building at 1709 Locust
Street. Developers Cyrus and Darius Sakhai are working with Space Interiors LLC of Maplewood to turn the first floor of the
Dragon Trading building into retail space and the upper three floors into lofts.
more»
Monday, February 20, 2006
Developers plan $150 million in projects for Downtown West
Robert Wood Realty Inc. and Rothschild Development are planning an $8 million retail/residential conversion of the
50,000-square-foot Buell Building, 1916 Washington Ave., starting in 2008. The Buell, which was purchased by the developers
for $950,000 in September, is among the latest of the $42 million worth of projects the two developers are teaming up on west
of 18th Street downtown.
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Monday, February 20, 2006
Developer John Steffen buys St. Louis Centre
Developer John Steffen has plans to transform a major piece of downtown St. Louis, converting the four-story St. Louis Centre
into a luxury condo development and the One City Centre office building into a combined $110 million mixed-use development
called 600 Washington.
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Monday, February 20, 2006
Pyramid seeks TIFs for downtown development
Steffen has requested $34.3 million in tax increment financing (TIF) from the city of St. Louis to help finance the
St. Louis Centre project and $8.75 million in TIF for the redevelopment of the 529-unit Jefferson Arms Apartments.
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Tuesday, February 14, 2006
City is ready to fuse daring design with red-brick heritage
If you’ve driven along Lindell Boulevard recently you have probably noticed that construction has begun on 4545, the new
high-rise residential condominium building being inserted between two residential high-rises from the early years of the 20th
century.
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Thursday, February 09, 2006
Builder is moving in on urban renewal
While developers scramble to deliver downtown lofts and Central West End condos to meet a renewed demand for city living,
other opportunities exist to cash in on St. Louis' budding urban revival in much lower-profile ways. One company attempting to
do so is Highland Homes, a small builder based in University City.
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Thursday, February 02, 2006
Downtown lofts edge westward with Majestic Stove complex
The wooden timbers and steel support beams inside the old Majestic Stove buildings had to be sturdy enough for the cast-iron
wood-burning stoves once manufactured there. Now, those support beams are part of new loft apartments, carved inside of the
former headquarters of the Majestic Stove Co.
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Wednesday, February 01, 2006
Syndicate Trust rehab gets new price tag
Twice saved from the wrecking ball, the historic Syndicate Trust Building in downtown St. Louis will be renovated starting in
March, but the cost of the work has gone up since developers were awarded the site last April. It will cost $81.6 million to
convert the old office building into residences, up from $68 million in the firm's original proposal to the St. Louis
Development Corp.
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Wednesday, February 01, 2006
Downtown stops decline; experiences rapid revitalization
It will be 10 months before the 81 new condominiums in the Marquette building downtown are ready for occupancy. In spite of
that, 54 units already are sold, at prices ranging from $170,000 to $390,000.
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Wednesday, January 25, 2006
Preservation board OKs 4-story condo bldg on Jefferson Ave
In spite of concerns about size, the city Preservation Board Monday approved plans for a four-story commercial and condominium
building on the southeast corner of Lafayette and Jefferson avenues. The board voted for member Richard Callow's motion that
it give preliminary approval for a building about the same size and scale as in preliminary drawings.
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Wednesday, January 25, 2006
Pet Building will be transformed into luxury apartments
Construction is underway to convert the former Pet, Inc. building at 400 S. Fourth St. downtown into a luxury apartment
building with 118 units. Balke Brown Associates and Pet Plaza Partners are spending $49 million to redevelop the former
corporate headquarters of the canned milk company. The downtown landmark, known for its distinctive silhouette, will be called
Pointe 400.
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Wednesday, January 18, 2006
$15 million condominium development planned
Millennium Restoration and Development Corp. of St. Louis will spend $15 million to build 33 upscale condominiums and several
stores on the southwest corner of Jefferson Avenue and Arsenal Street. They hope to break ground on the Fleur-de-Lis
development this summer.
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Monday, January 16, 2006
$22 million rehab for Chemical Building
The new owners of the 17-story Chemical Building downtown plan to turn the more-than-century-old office structure into luxury
condominiums and apartments. Civitas will spend $22 million to acquire and redevelop the 177,000-square-foot building located
at 721 Olive Street.
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Wednesday, January 11, 2006
5-unit townhouse development planned on Arsenal
A 12,000-square foot lot at 5719 Arsenal St. is the site of a planned five-unit attached townhouse development. The St. Louis
Planning Commission last week approved a sketch plan for the Highland Walk Planned Unit Development, being developed by
Highland Homes.
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Wednesday, January 11, 2006
14 townhouses planned on Lafayette Avenue
A developer is spending $3.5 million on a project to create 14 units of high-end housing on Lafayette Avenue just west of
Jefferson Avenue in the Gate District Neighborhood. Robert Kraiberg is converting six residential buildings, formerly used as
rental housing, in the 2600 block of Lafayette into six luxury attached townhouses. A short distance to the west on the same
block, the developer is building eight attached townhouses.
more»
Friday, January 06, 2006
Old printing factory will take on a new image
An old printing factory near Grand Center, formerly owned by Hart Printing Co., is being converted into the Moto Lofts, 3441.
A vintage-motorcycle museum will go inside 11,000 square feet on the first floor; four loft apartments will occupy 4,000
square feet on a second level.
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Monday, January 02, 2006
Millennium snaps up parcels for Benton Park condo project
A residential development in the Benton Park West neighborhood is moving forward. Millennium Restoration & Development Corp.
of St. Louis closed Dec. 22 on five of the six parcels it is purchasing from the city to build the $19 million Fleurs-De-Lis
development at 3109 S. Jefferson. The developer expects to close on the final parcel after the Land Reutilization Authority
meets in January.
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