urbanSTL

I believe all of those will move forward this year and most of them will be under construction or starting construction. Many should open in 2015. More projects will likely be proposed between now and then. We just have to get these vacant properties occupied first now. Hopefully this will be the year they get funding for the Jefferson Arms building, too. And if the streetcar keeps moving forward, that's really going to encourage loads of new development.

After these few, there really won't be any more of their size left. Maybe a few smaller ones like the old Bride's House building.

Also, what ever happened with the hotel proposal for 10th and Locust?

Gateway City wrote:After these few, there really won't be any more of their size left. Maybe a few smaller ones like the old Bride's House building.

Also, what ever happened with the hotel proposal for 10th and Locust?

Wasn't that a projected developed by the two brothers that liquidated much of their holdings? I doubt it's happening at all.

The Roberts Bros. sold that and all their other properties to Urban Street. I remember Urban Street releasing renderings not too long ago for the hotel. I just don't know when they're going to do it. With the recent sale of the Roberts Hotel and the upcoming completion of Roberts Tower, hopefully they will soon get to work on the 10th and Locust hotel. It will be sad to see the two smaller buildings go. I also think they said they are renovating the building next to that as well, right?

With all of those, the Chemical, Arcade, Bride's House, Alverne, and the small one near SLU Law, that central area of Downtown is going to be bustling with new residents in 2015-16. Add all the new retail that will open as a result and I'm sure the neighborhood will be drastically different in two years.

While it was feared the bill signing this past summer allowed it, there also has not been approval for the demolition of the two smaller buildings on and next to the corner. Still seemed very much 50/50 they'd actually get approval for that.

roger wyoming II wrote:I do wonder if hotel makes sense here as more supply will be coming online elsewhere in the immediate vicinity

Couldn't agree more. Also, it's not in the immediate vicinity, but the Millenium Hotel complex is pretty purpose built to be a hotel/convention space, and will be sitting empty and in need of an operator soon.

Yeah, there are certainly buildings that could be converted but the list is getting shorter. Before long you do have consider that it may be more attractive to build a new building close to amenities than convert an available isolated building. I do think that the Butler Brothers building is a bit on the outskirts but I would love to see it redone as residential. That building is amazing.

flipz wrote:Yeah, there are certainly buildings that could be converted but the list is getting shorter. Before long you do have consider that it may be more attractive to build a new building close to amenities than convert an available isolated building. I do think that the Butler Brothers building is a bit on the outskirts but I would love to see it redone as residential. That building is amazing.

Agreed. I love the Butler Bros building and it has great potential. I would assume the struggle with starting any project there is the sheer enormity of the building.

roger wyoming II wrote:^ Butler is which one?

8th one down, right after SLU Law.
It is at Olive and 18th.

http://www.builtstlouis.net/central-cor ... ing01.html

I thought the building next to SLU Law was a Contegix data center.

^ That is correct. We house our servers at Cybercon which is located there as well.

Glad I found this board, a wealth of STL info.

I believe the original version of this list was posted by Arch City on skyscraperpage.com. I have added onto it, but I am including developments outside of Downtown:

-LaClede Lofts Apartments, Universatile/Rothschild Development, 50-luxury units (under construction)
-Metropolitan Artists Lofts, Dominion Properties, 72-live/work units (completed)
-The Gotham and Gotham Annex, St. Louis Design Alliance, 84-units (completed)
-West End City Apartments, Village Green Properties, 88-units (under construction)
-City Walk Apartments, Mills Properties, 177-units (under construction)
-Lindell @ Euclid, Opus Group, 217-units (spring groundbreaking?)
-3949 Lindell (post-fire reconstruction), Education Realty Trust, 197-units (completed August 2013)
-Aventura @ Forest Park, MLP, 200-units (Phase II under construction)
-North Sarah Apartments, McCormack Baron Salazar, 223-units (Phase II under construction)
-West Pine Lofts, Hallmark Communities, 260-units (proposed)
-The Lofts of Washington University, Delmar Loop, 265-units (under construction)
-Cortona @ Forest Park, Balke-Brown Transwestern, 276-units (under construction)
-A proposed $9-million, low-rise apartment building, The Grove/Manchester strip, 55 units (proposed)
-Missouri Theatre Building being redeveloped into apartments, Grand Center, 108 units (proposed)
-Arcade Building, Downtown, 250 units (proposed)
-Chemical Building, Downtown, 120 units (proposed)
-Roberts Tower, Downtown, 132 units (opening spring 2014)
-Millenium Center, Downtown, 102 units, (proposed)
-Alverne, Downtown, 81 apartments (proposed)
-Butler Bros. Building, Downtown, 342 units (proposed)
-Crossing in Clayton, 255 luxury apartments, (groundbreaking spring 2014)

TOTAL:
3,638 units

Not sure how many units these will have:

-Drury Tower, 30 stories, Laclede's Landing (proposed)
-Montgomery Bank Tower, 30 stories, Clayton (proposed)

If you figure most units will have multiple people living in them, let's say the average is 2, then that brings the total to over 7,000 more residents, not including the Drury or Montgomery Towers, all by about 2016...PLUS whatever new developments come about before then as well. I am also forgetting a few on this list. On top of that, this only includes Central Corridor developments, not anywhere else.

Anyways, the Central Corridor is blowing up right now with residential development and the momentum will only keep on snowballing! With this, the various college expansions, BJC expansion, retail (IKEA) and entertainment (BPV) projects drawing extra people to the area from out of town, etc., you can bet that the Central Corridor of 2020 will be insane! With all of this, plus whatever else is proposed over the next six years, we're really setting ourselves up for one hell of a St. Louis! We're on the edge right now. This is a very important time for our City. This is where we prove we can achieve liftoff.

Does anyone have data on the vacancy rate/number of condos available for rent in downtown STL. I'm curious about how the for-rent-by-owner numbers compare with the multifamily developments in the CBD.

Gateway City wrote:I believe the original version of this list was posted by Arch City on skyscraperpage.com. I have added onto it, but I am including developments outside of Downtown:

-LaClede Lofts Apartments, Universatile/Rothschild Development, 50-luxury units (under construction)
-Metropolitan Artists Lofts, Dominion Properties, 72-live/work units (completed)
-The Gotham and Gotham Annex, St. Louis Design Alliance, 84-units (completed)
-West End City Apartments, Village Green Properties, 88-units (under construction)
-City Walk Apartments, Mills Properties, 177-units (under construction)
-Lindell @ Euclid, Opus Group, 217-units (spring groundbreaking?)
-3949 Lindell (post-fire reconstruction), Education Realty Trust, 197-units (completed August 2013)
-Aventura @ Forest Park, MLP, 200-units (Phase II under construction)
-North Sarah Apartments, McCormack Baron Salazar, 223-units (Phase II under construction)
-West Pine Lofts, Hallmark Communities, 260-units (proposed)
-The Lofts of Washington University, Delmar Loop, 265-units (under construction)
-Cortona @ Forest Park, Balke-Brown Transwestern, 276-units (under construction)
-A proposed $9-million, low-rise apartment building, The Grove/Manchester strip, 55 units (proposed)
-Missouri Theatre Building being redeveloped into apartments, Grand Center, 108 units (proposed)
-Arcade Building, Downtown, 250 units (proposed)
-Chemical Building, Downtown, 120 units (proposed)
-Roberts Tower, Downtown, 132 units (opening spring 2014)
-Millenium Center, Downtown, 102 units, (proposed)
-Alverne, Downtown, 81 apartments (proposed)
-Butler Bros. Building, Downtown, 342 units (proposed)
-Crossing in Clayton, 255 luxury apartments, (groundbreaking spring 2014)

TOTAL:
3,638 units

Not sure how many units these will have:

-Drury Tower, 30 stories, Laclede's Landing (proposed)
-Montgomery Bank Tower, 30 stories, Clayton (proposed)

If you figure most units will have multiple people living in them, let's say the average is 2, then that brings the total to over 7,000 more residents, not including the Drury or Montgomery Towers, all by about 2016...PLUS whatever new developments come about before then as well. I am also forgetting a few on this list. On top of that, this only includes Central Corridor developments, not anywhere else.

Anyways, the Central Corridor is blowing up right now with residential development and the momentum will only keep on snowballing! With this, the various college expansions, BJC expansion, retail (IKEA) and entertainment (BPV) projects drawing extra people to the area from out of town, etc., you can bet that the Central Corridor of 2020 will be insane! With all of this, plus whatever else is proposed over the next six years, we're really setting ourselves up for one hell of a St. Louis! We're on the edge right now. This is a very important time for our City. This is where we prove we can achieve liftoff.

I sure would like to read some good news on Arcade and Chemical getting started soon.... those are key to unlocking the potential of OPO and Olive as a vibrant core of downtown.

roger wyoming II wrote: I sure would like to read some good news on Arcade and Chemical getting started soon.... those are key to unlocking the potential of OPO and Olive as a vibrant core of downtown.

They're going to have to, especially as the streetcar comes closer to reality.

Also, if we're ever going to get more people Downtown, then the best way to funnel thousands of people down there would be through the N-S MetroLink! How is that MoDOT can spend loads of money on rural "highways" every year but can't spend less than a quarter of that on our new Metro line? It's Missouri Department of Transportation, not Missouri Department of Highways. "Transportation" can include light-rail and streetcar. What, people don't want tax money from other parts of the state to be spent on a light-rail only St. Louis will benefit from? Well, what if I don't want my own tax money being spent on bullsh*t projects on highways in the middle of nowhere that practically nobody will ever actually benefit from? They waste money on building that crap in small towns who's entire county has less residents than just North or South St. Louis do alone.

If they just put forth 1/3, or even 1/4 of the money needed for the N-S line, it would hardly make a dent in their budget. Then we could get the City and federal grants for the rest of it. Is it really so much to ask? Or do they still feel it's necessary to keep adding lanes onto already under-used highways in counties with less than 200,000 residents? That isn't doing jack sh*t to help anyone. A N-S MetroLink would be used more than those and if they only paid for part of it, with the rest of the cost being matched by city and federal money, it would cost about the same as those other garbage highway projects they pour money into. But no, light-rail and streetcars aren't real transportation in their eyes.

This is what will keep St. Louis behind. If this N-S line ran through Downtown, it would spur insane amounts of development and serve almost as many people as the red line, if not the same amount. The Chemical and Arcade would be even more incredibly attractive living options if that were the case.