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4500 Washington, Office to Residential

4500 Washington, Office to Residential

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PostJun 23, 2024#1

WUMCRC says this building is in the planning stages to be converted into 23 residential units. I couldn't find any other info. 


 

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PostJun 23, 2024#2

Would be great if that's true, the building's looked dreadful for quite some time. 

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PostJun 23, 2024#3

Hope this happens.  Washington east of the bend is pretty much vacant with the exception of this building.  This can only help set the table for future new build projects to fill in the gaps.

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Post1:04 AM - 17 days ago#4

https://www.bizjournals.com/stlouis/new ... louis.html

A developer plans apartments on a 1.28-acre Central West End property that includes a vacant hospital building.

JH 4500 Washington LLC, an entity tied to former executive director of the National Blues Museum Jeffery Hardin, has proposed putting 65 apartments at 4500-4518 Washington Ave.

The development would be completed in two phases.


Phase one would involve conversion of an existing historic building on the site into seven studio, nine one-bedroom and 13 two-bedroom apartments. Construction is expected to take roughly 12 to 14 months.

The structure, known as the L.H. Building, was formerly the Liberty Hospital and a nurses' training facility. The property has been vacant for at least 15 years.

At a Planning Commission meeting on Wednesday, Hardin said the bones of the building are still in good shape.

Rents are expected to range from about $1,000 to $1,500 per month. Hardin that's aimed at being cost-effective, and the project will help replenish some of the area's housing stock lost in the May 16, 2025, tornado. A portion of the property's units are expected to be government subsidized affordable housing.

The development team plans to utilize state and federal historic tax credits for the project.

Hardin said Midas Building Group is the project's general contractor.

Staff of the city of St. Louis' blighting board, the Land Clearance for Redevelopment Authority, have recommended that the first phase of development receive up to 15 years of tax abatement, with 10 years at 90% of the value of incremental improvements. An additional five years of tax abatement at 50% could be approved if the development team pursues Low-Income Housing Tax Credits.

The second phase of development would see construction of two residential buildings on vacant property at the site. Both buildings would have a combined total of 24 one-bedroom and 12 two-bedroom units.

A 113-space parking lot would be built behind the apartment buildings as part of the project.

The parcel that includes the L.H. Building is owned by JH 4500 Washington LLC, tied to Hardin. The neighboring parcel, where the new buildings are slated to be constructed, is owned by Citizens for Community Improvement LLC, for which Hardin serves as vice president.

The St. Louis Planning Commission voted Wednesday to recommend the Board of Aldermen approve the proposed redevelopment and blighting of the site.

City records show that Central West End development increased last year.

In 2025, the neighborhood counted 423 building permits worth $154.3 million. That was up from 369 permits worth $123.2 million in 2024.

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Post3:51 AM - 16 days ago#5

Pretty good project that could help lead to more. One less vacant building to deal with

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Post5:31 AM - 16 days ago#6

Chris Stritzel wrote:Pretty good project that could help lead to more. One less vacant building to deal with
Need this x100 acorss the whole city. Same with the 1001 Locust project.

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Post4:45 PM - 16 days ago#7

A 113 space parking lot for 65 units seems to be kind of overdoing it but I'm happy they're rehabbing this building, hope that parking doesn't cost them too much in the way development costs. I think a lot more tenants in STL, including relatively well-off ones, don't have cars than developers think.