urbanSTL

I'd be okay with residential not happening in the Chouteau's Landing or Kosciusko areas if all of the industrial -- and then perhaps even more industrial -- is built.  

I'd like to see loads of residential pop up on the other side of the highway. 

^ & ^^  Have to agree as well and especially considering how land rich St Louis is and the immense amount of infill available, even nearby, or say even 2-3 downtown buildings from Chemical to Railway that need to redeveloped.

Getting the industrial aspect of this project up and running, moving forward would be a huge boost for the city and the jobs its brings will be a huge boost for the immediate neighborhoods.   

I'm completely in favor of seeing manufacturing come back to our southern riverfront in a big way. It's what built this town. Bring it on. (Especially if there's bricklaying robots involved.)

New development partner of $1.2B downtown project overcame initial skepticism

At first, Robert Millstone was skeptical.
The longtime St. Louis real estate developer and attorney heard the details of Gateway South, the $1.2 billion construction innovation district planned in a long-vacant former downtown manufacturing site just south of the Gateway Arch, and appreciated the project's ambition. But he also knows that not every ambitious project gets built.

More than a year later, however, Millstone, the president of Clayton-based real estate and private equity investment firm Millstone Co. and a former construction company CEO, has become a key part of the joint venture backing the construction innovation district. As a partner with St. Louis-based Good Developments Group, he now views the project as a much-needed transformation of an underused part of St. Louis that has the ability to create value for the both region and the construction industry. Now his role is to convince others in the business, philanthropic and construction communities who might remain skeptics, like he was a year ago. “I think the way we will disprove the skeptics with Gateway South is with time and success. What I can bring to the table is long experience of doing development in the region, working with a project that many people were skeptical would be successful,” said Millstone, referring to his company's 500-acre mixed-use development, the Fountain Lakes Commerce Center in St. Charles.
Millstone's addition to the development team might seem like a coup for Greg Gleicher, the 33-year-old CEO of Good Developments Group, who set his sights on 100 acres of moribund riverfront land in 2022. Recruiting a respected and experienced member of St. Louis' development community to a team that is younger and less familiar could bolster the project's legitimacy in the eyes of locals and help attract even more partners to guide it to the finish line.
But it wasn't just good luck. It was all part of a plan.

https://www.bizjournals.com/stlouis/news/2024/05/20/gateway-south-robert-millstone-developer-downtown.html?cx_testId=40&cx_testVariant=cx_5&cx_artPos=6#cxrecs_s

Has this been  posted before? Something called The Gateway Decathlon is scheduled for STL in October 2025. 

"It’s not news to anyone that homebuilding is plagued by inefficiencies and that it lags every other industry when it comes to embracing innovation. The question is, how can we correct these problems?

Finding the answers to that question is the motivation behind Gateway Decathlon, landmark design/build competition that aims to revolutionize the way we build. Scheduled for October 2025 in St. Louis, Missouri, this new competition will address pressing questions surrounding the future of housing."

https://www.constructforstl.org/op-ed-g ... he-future/

These AI renderings of downtown are always so geographically disjointed

More info on next year's Gateway Decathlon and Gateway South in general:  

https://www.constructforstl.org/perspec ... re-is-now/

https://www.gatewaydecathlon.com/

$1.2B Gateway South developer names broker to lease site's office space

Commercial real estate firm CBRE and broker Tom Ray will market the space for lease on behalf of the landlord and developer, St. Louis-based Good Developments Group, the firm said in a news release. The project entails leasing a "wide variety" of tenant uses in the $200 million first phase of the 100-acre master-planned development, including up to 500,000 square feet of Class A office space, along with flex, retail, research and development, a CBRE spokesperson said.

Developers backing the project are seeking to create a new mixed-use, sustainable neighborhood in a historically underutilized industrial area south of the Gateway Arch, is formally called the Gateway South Advanced Building Collaboration District. The project's $200 million first phase is scheduled to break ground in the third quarter this year and wrap construction on the first phase in the second quarter of 2026, the brokerage said. The development team, consisting of GDG, Houston-based Vault Partners and Millstone Co., has said it will meet a June 30 deadline from the city of St. Louis to secure financing for the project's first phase, and a key goal of the next phase is to secure leases from potential tenants, said St. Louis developer Bob Millstone, who joined the development team earlier this year. he first phase will rehabilitate the historic Crunden-Martin industrial manufacturing complex at 760 S. Second St. into work space focused around the construction industry. Plans call for prototyping and office space, food and beverage retail and production facilities and other enhancements that will cater to construction-centered tenants, CBRE said.

The Crunden-Martin buildings are the “nucleus” of Gateway South, “uniting startups, established building industry leaders and other companies working in the built environment industry under one roof,” said Greg Gleicher, founder and CEO of Good Developments Group.

https://www.bizjournals.com/stlouis/news/2024/06/13/gateway-south-office-space-broker-tom-ray-cbre-stl.html

I'm told work begins this week on Gateway South. I don't see the $35M building permit issued though.

This Thursday, The International Photography Hall of Fame will be hosting an online exhibit/lecture focused on Chouteau's Landing. Richard Sprengler will discuss his architectural Photography in general, and a new series of photos documenting CL.

More info here (you must register in advance).

https://www.iphf.org/mw-event-list?utm_ ... sprengeler

Has anyone heard anything about the Gateway South project?

Billy's is closing.

quincunx wrote: ↑

Oct 23, 2024

Billy's is closing.

Ahhh! This one does affect me. I liked Billy’s. It had a cool patio and deck but those were empty a lot of the time. I think the car sewer combo of the interstate, Broadway, the auto shops, and the drive thrus just make the area a tough place to attract customers outside of baseball games.

Sad about this one because they did an OUTSTANDING job renovating that dilapidated building. I hope it doesn’t become abandoned again. Sad

To call this project one of the most important projects in STL of the last 30 years is an understatement. This project has deep pockets but relatively cheap land and has an amazing plan that should work. When first proposed I think people saw the pie in the sky residential and entertainment stuff and blew it off. That part who cares. This would fix up a major very visible eye sore and add maybe 1000's of jobs to the downtown area. Potential this would be better for the area than that cool lake that caught my eye in the 90's.

https://gatewaysouthstl.com

They have a website. I also think this is the most transformative project downtown has seen in a long time.

Has anyone seen any movement at all? I know the plan was to start with the rehabs.

This is the most detailed site plan I have seen to date. Apologies if posted above. 
https://www.loopnet.com/Listing/Gateway ... /33547823/

The warehouses surrounding the project really seem to wall it off from future southward expansion. Was also hoping they would turn the land between Chouteau, 1st Street, and the flood wall into a cool urban park and extension of the riverfront.

Yeah, I am increasingly becoming skeptical of the mixed use vision. What is being marketed is more typical warehouse and distribution space. You can tell from the above site plan that these spaces weren’t the original vision.

I also find it hard to believe that anyone is going to want to live or work next to active and busy railroads, interstates, or distribution and shipping traffic.

Optimistic but I am starting to see signs that this a Trojan horse for distribution centers south of the arch.

Even if it all ends up being warehouses and distributions centers, I think it would be a great win because it would bring jobs to the downtown area (not subject to remote work) which would increase foot traffic, tax income, viability of restaurants and sense of security. Anything is better than vacant properties. Would residential and other manufacturing projects would be better? I think so, however there's no shortage of vacant properties not so far North that could be developed. Those developments would be more likely to happen if this one is proven successful.

addxb2 wrote: ↑

Oct 29, 2024

Yeah, I am increasingly becoming skeptical of the mixed use vision. What is being marketed is more typical warehouse and distribution space. You can tell from the above site plan that these spaces weren’t the original vision.

I also find it hard to believe that anyone is going to want to live or work next to active and busy railroads, interstates, or distribution and shipping traffic.

Optimistic but I am starting to see signs that this a Trojan horse for distribution centers south of the arch.

This will basically end up being a major logistics center, some cool manufacturing and warehouse spaces, wouldn't be surprised if they even attract some big box stores down there. I think any future mixed use residential will have to be west of i-55. It would seem a little dangerous to build residential down there, unless it's some cool live-work loft styled units in the some of the old warehouses. I also think there is an opportunity for some unique commercial, event, nightclub, paces down there. I never saw this area becoming truly residential. I think the plus will be more workers, redevelopment of historic warehouses, and cleaning up the Infrastructure of a place that's been neglected far too long.

This aerial view of the northern end of the Gateway South project's site in Chouteau's Landing shows the areas next to the Gateway Arch today.
Good Developments Group

By Nathan Rubbelke – Reporter, St. Louis Business Journal
Nov 6, 2024
Listen to this article5 min

The $1.2 billion Gateway South development has named the brokers who will market the project’s industrial space.
Commercial real estate firm Cushman & Wakefield and brokers Trip Hardin and Keith Ziercher have been hired by Gateway South developer Good Developments Group to attract industrial users to the project. The brokers will seek to find users for the project’s “flexible build-to-suit options,” with the development offering sites that range in size from 20,000 to 225,000 square feet.

Developers of Gateway South are seeking to create a new mixed-use, sustainable neighborhood in a historically underutilized industrial area south of the Gateway Arch. The 100-acre master-planned project has a goal of being an innovation district for the construction and design sectors. It is spearheaded by St. Louis-based Good Developments Group, with the development team also including Houston-based Vault Partners and Clayton-based Millstone Co.

Hardin in an interview said outreach has started to prospective industrial tenants. He said companies in the construction industry are getting immediate attention, but that the project could attract a wide range of users.
“When you really think about the number of industries that in some shape or form touch or interact with what we consider the general construction industry, there’s a lot of them,” Hardin said. “We think our potential list of prospects is pretty deep.”
Hardin said construction for industrial tenants could begin as early as spring 2025.
Marketing materials tout Gateway South’s proximity to major interstates, the Mississippi River and its access to the Union Pacific Railroad and Terminal Railroad Association switching lines, as well as a 15-year property tax abatement for the development. Building sizes, design, location, parking and configuration are “completely flexible depending on the users requirements,” per the property listing. A current conceptual design shows lots of varying sizes across the development site.


A conceptual plan for industrial sites at Gateway South
Cushman & Wakefield

The brokers are asking interested parties to submit requests for proposals to obtain pricing information. Interested parties could have the option to either lease or own their space at Gateway South, Hardin said.
Construction has yet to start on Gateway South. Good Developments Group CEO Greg Gleicher said the development team is “gearing up to see visible action in the near future,” though did not provide specifics on the construction timeline. The developers told the Business Journal earlier this year they reached key financing and development milestones, including a loan from Saint Louis Bank, for a $200 million first phase. The city's Land Clearance for Redevelopment Authority in June approved issuing up to $155 million in industrial revenue bonds for the project.
In addition to industrial tenants, Good Developments Group is seeking tenants for up to 500,000 square feet of Class A office space, along with flex, retail, research and development space, as part of the development’s plan to rehabilitate the historic Crunden-Martin industrial manufacturing complex at 760 S. Second St. into work space focused around the construction industry. Good Developments Group in June said it chose commercial real estate firm CBRE and broker Tom Ray to market the office space.

Is it the feds and the private railroad companies that are tasked with maintaining train bridges in our area? I have long complained about the general condition, unsightly rust and decay of the train bridges in the area, especially Downtown. The rusty, decayed bridges stick out like a sore thumb over the Gateway South site. I'd like to see these bridges repaired and cleaned up.