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PostFeb 25, 2021#76

I like incentives but this seems like a lot of free money for less than 150 units.  

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PostFeb 25, 2021#77

^ I love this comment because I'm the opposite!  

I think the mixed-use building itself is rather strong, especially with the low parking ratio (and for what I assume is some kind of arrangement with the parking division on spots in the neighboring, and I believe underutilized, public garage) and the drop from 10 yr./75% to 10 yr./40% abatement was a good step in the right direction on clearer wins for public schools, etc..  (75% abatement would have been more justifiable imo if there were some affordable units involved.)

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PostFeb 25, 2021#78

STLrainbow wrote:
Feb 25, 2021
^ I love this comment because I'm the opposite!  

I think the mixed-use building itself is rather strong, especially with the low parking ratio (and for what I assume is some kind of arrangement with the parking division on spots in the neighboring, and I believe underutilized, public garage) and the drop from 10 yr./75% to 10 yr./40% abatement was a good step in the right direction on clearer wins for public schools, etc..  (75% abatement would have been more justifiable imo if there were some affordable units involved.)
Oh its only 40%!? I take back what I said. 

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PostFeb 25, 2021#79

^ Not sure of all the details but yeah, it started out at 75% w/ the normal city incentive process but it appears as the Treasurer's office was able to weigh in (it holds title to that parcel) it dropped to 40%.  Anyway, while it's a bit of a unique situation, better parking utilization -- just 55 spots I believe for the site itself-- is a big plus I think for the project.  

Not too sure on the details of the condemned Tucker parking garage RFP, but if there's going to be parking it would be nice to duplicate some kind of public parking/mixed-use arrangement for whatever replaces it.

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PostMar 04, 2021#80

Looks like some survey work was done on site recently. Some wooden stakes are in the ground throughout the site.

PostMar 31, 2021#81

chriss752 wrote:
Mar 04, 2021
Looks like some survey work was done on site recently. Some wooden stakes are in the ground throughout the site.
Continuing off of this, I drove by the site yesterday, and they did some digging on different spots throughout the site. Old bricks an the old foundations from Cupples 7 are still there. I guess they had to do this to see what exactly they were dealing with. 

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PostJul 24, 2021#82

Elevations
1014 Spruce North Elevation.png (604.53KiB)
Spruce


1014 Spruce West Elevation.png (817.54KiB)
11th


1014 Spruce South Elevation.png (588.98KiB)
South


1014 Spruce East Elevation.png (493.49KiB)

East

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PostJul 24, 2021#83

It's too bad they couldn't make the floor heights match those of the old warehouse next door. 

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PostJul 24, 2021#84

quincunx wrote:
Jul 24, 2021
Elevations
1014 Spruce North Elevation.pngSpruce


1014 Spruce West Elevation.png11th


1014 Spruce South Elevation.pngSouth


1014 Spruce East Elevation.png
East
Looks good. Hopefully this one breaks ground soon. 

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PostJul 24, 2021#85

^^ Yeah that really stood out to me as well. I think it's exacerbated by the fact that it appears to be the same floor count. If the new building had a few more (or even less) floors it might not stand out as much. I'm still happy to see this corner filled in though.

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PostJul 25, 2021#86

Tim wrote:
Jul 24, 2021
^^ Yeah that really stood out to me as well. I think it's exacerbated by the fact that it appears to be the same floor count. If the new building had a few more (or even less) floors it might not stand out as much. I'm still happy to see this corner filled in though.
I don't see any reason they couldn't have added a floor either, unless they are limited by the number of parking spaces available in the adjacent garage.

Or, the relative heights of the buildings suggest maybe they didn't want to block the top floor views of one or more of their neighbors.

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PostJul 25, 2021#87

I would assume that adding a floor would require a switch from wood frame construction to something more expensive. Seems these buildings usually top out at 5 floors of apartments above a 1-2 level concrete parking garage, though I think the Expo at Forest Park has a small 6-story section.

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PostJul 25, 2021#88

rbeedee wrote:
Jul 25, 2021
I would assume that adding a floor would require a switch from wood frame construction to something more expensive. Seems these buildings usually top out at 5 floors of apartments above a 1-2 level concrete parking garage, though I think the Expo at Forest Park has a small 6-story section.
6 stories is the practical limit for standard wood framing, but it can go to 7 in some situations.  As I said in another thread, much depends on unit size/layout, wall construction (prefab vs. stick-framed), and how the actual floor is constructed (concrete vs. plywood).

And that is independent of the steel or concrete podium height.  The podium could be 10 stories above grade or zero.

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PostJul 26, 2021#89


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PostJul 27, 2021#90

What!? This must be some mistake! BProp and News just told me that Downtown is a poopy hell hole

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PostJul 27, 2021#91

BellaVilla wrote:What!? This must be some mistake! BProp and News just told me that Downtown is a poopy hell hole
"NO ONE WANTS TO LIVE DOWNTOWN!"

(Sees that residency data shows increasingly high occupancy over the last decade)

This is really good to see move forward. This kind of infill really will go a long way.

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PostJul 27, 2021#92

brianadler6545 wrote:
Jul 27, 2021
BellaVilla wrote:What!? This must be some mistake! BProp and News just told me that Downtown is a poopy hell hole
"NO ONE WANTS TO LIVE DOWNTOWN!"

(Sees that residency data shows increasingly high occupancy over the last decade)

This is really good to see move forward. This kind of infill really will go a long way.

Sent from my SM-G973U using Tapatalk
Makes me think of how Downtown is really 3-4 residential sub-markets. South of Market, Downtown West, and the Downtown Core are rather different. And with some strides Laclede's Landing could become its own residential pocket. 

The Downtown Core may be a bit stagnant, but South of Market (OCW, 1014 Spruce, 300 S Broadway) and DTW (MLS, Butler Bros., 1801 Washington, 2206 Locust) are picking up some momentum. It'd be great to see them all firing on all cylinders, but it also seems healthy to have the diversity and rotation that it does. 

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PostJul 27, 2021#93

^ I'll also add several projects in the Locust corridor to your list.  Like the multiple residential and commercial conversions happening on that street, the Beaumont conversion (and the larger Jefferson Connector project that includes it) as additional reasons to be optimistic about DTW.

Yes, I know these are technically Midtown developments, but a handful of them are just opposite of Jefferson.  Spreading Midtown into Downtown West and finally melding them together so to speak will work wonders for the whole area in my humble opinion.

The Locust corridor is already shaping up to be one of the city's next great streets.

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PostOct 19, 2021#94

Anyone have an update on this project? 

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PostOct 19, 2021#95

jay23 wrote:
Oct 19, 2021
Anyone have an update on this project? 
I reached out to OPUS a few weeks ago. Their response was this...
Opus has received preliminary approval to develop a mixed-use residential building in downtown Saint Louis with the intent to break ground next year. We’re excited to advance on the project along Spruce Street and look forward to sharing more details in the coming months.

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PostOct 19, 2021#96

chriss752 wrote:
jay23 wrote:
Oct 19, 2021
Anyone have an update on this project? 
I reached out to OPUS a few weeks ago. Their response was this...
Opus has received preliminary approval to develop a mixed-use residential building in downtown Saint Louis with the intent to break ground next year. We’re excited to advance on the project along Spruce Street and look forward to sharing more details in the coming months.
Thanks Chris!! I was wondering about this project as well. Any updates on 1801 Wash?


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PostJan 17, 2022#97

Is this project dead? I don’t see it on the Opus website but it’s laid out horribly.


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PostJan 17, 2022#98

^Not dead. OPUS never added it to their website, which surprises me but I guess they don't focus on the website as much.

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PostJan 17, 2022#99

Good to know Chris. I was a bit worried, thought construction should have started by now.


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PostMar 16, 2022#100

Balboa Real Estate Partners is now the developer

http://thebalboagroup.com/

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