--Joe Edwards“I love what’s happening in St. Louis. There is so much redevelopment going on all over. The next four to five years will be the most exciting in the last hundred in terms of revitalization...There is so much new activity in The Loop right now. In the next 18 months, the Loop will take a leap to the next level.
Given the Loop's push Eastward (and north with Wash U North Campus) and the CWE's rising property values, how long do you think it will take before the two are completely connected (no vacant or extremely "ghetto" gaps) along Delmar?
I said about ten years to some of my friends and they looked at me like I'm crazy, but I think this might be a conservative estimate because:
1. It is not like the entire stretch is wasteland. There are nice highrises, retail buildings and apartment buildings that are in decent shape along Delmar between Des Peres and Kingshighway (esp. around DeBaliverre and Belt, etc). Nice neighborhoods are directly south of these nodes and can support them so retail built here won't have to be supported by the western edge entirely.
2. Once the Loop is solidly connected to the Metrolink on the west (some could say it already is), land values of all property on the eastern stretch will rise dramatically. People will be more willing to ride to the Loop once the area around the station is more built up and thus safer. This will lead to more foot traffic to support more retail.
3. Joe Edwards thinks that the Trolley is only 3 years away from being a reality. Obviously this is going to spur some development and raise property values.
4. Joe Edwards has nearly finalized financing on the hotel he is building next to the Pageant. The Loop will become more of a tourist destination now that people from out of town can actually stay in a hotel on it. In the words of Edwards, "A hotel is really what The Loop needs to complete the whole experience and attract more tourism. People can fly to St. Louis, take the MetroLink to the Delmar Loop Station and walk west—it’s that easy. With 45 restaurants, retail shops, a movie theater, bowling alley and 10 live music venues, we have everything right here for a unique experience."
5. The Euclid Business node seems to be moving north, as well as the one on Taylor, towards Delmar. There are some tall buildings with retail in good shape on Euclid and Delmar already. Aren't the Roberts or someone proposing development at Delmar and Kingshighway?
Also isn't there talk about extending the limits of the CWE northwards or something along those lines that would allow for tax credits in rehabbing buildings in that northern area? That would go a long way towards making the area north of Delmar as an acceptable area to own a house. The housing stock is top notch and would be a bargain compared to the houses in the heart of the CWE.








