I just toured the length of Locust on google maps and I am very impressed! What a great street with a few opportunities to become truly spectacular.
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Well, there goes that.
STL Biz Journal: Developer scraps plans for Jefferson Connector hotel (*Paywalled)
STL Biz Journal: Developer scraps plans for Jefferson Connector hotel (*Paywalled)
Developer Jassen Johnson is cutting plans to add a hotel to his $70 million multiphase project that aims to add density and bridge the gaps between Downtown West and Midtown.
Johnson confirmed the change at Tuesday's Land Clearance for Redevelopment Authority monthly meeting where he asked the board to approve tax abatement for several other properties along Locust Street, near the intersection with Jefferson Avenue.
He cited competition from the nearby redevelopment of the former Wells Fargo campus into a hotel as to why he and his firm, Renaissance Development Associates, is switching gears for the property at Jefferson Avenue and Locust Street.
"As we continue to push forward, we'll make the determination of what's the best and highest use," Johnson said Tuesday.
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Doesn't sound like he's scrapping the whole deal, just changing the mix. Apparently in response to the planned hotel over at Wells Fargo.
The same article later says the LCRA approved his tax incentives and discusses the rest of the project as an active deal."As we continue to push forward, we'll make the determination of what's the best and highest use," Johnson said Tuesday.
Not too worried. No hotel might be fine. Though it's still going to have the silly unregulated AirBnB hotel business.The LCRA board unanimously approved his request for 10 years of tax abatement at 90% of the assessed value for properties at 2639-41; 2700; 2704; and 2712 Locust Street. Johnson plans to transform those buildings into a restaurant/bar, coffee house and restaurant, a combined AirBnB and restaurant concept; and 57-stall parking garage, respectively, for around $4.3 million.
"These projects, even though they're smaller, are crucial ... it gives some activity to other projects in the neighborhood and bring some liveliness to intersection," Johnson said.
^ & ^^ Shouldn't this moved over to the thread that is about the development itself, belive the thread is JC Midtown (Jefferson Connector)
The 3000 Locust loft apartments will be available to rent soon. Here is the listing on Trulia. The units, based on the pictures, will definitely benefit from some furniture and colors that the residents bring. Rent ranges from $1145 a month to $1825 a month. Overall, it's a nice redevelopment that was done on this building.
The first floor windows look good. It's better looking in person.
https://www.trulia.com/c/mo/saint-louis ... 2059860969
The first floor windows look good. It's better looking in person.
https://www.trulia.com/c/mo/saint-louis ... 2059860969
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That's a gorgeous building and your photos make it look pretty darn good. 
It's a great location. If it looks better in person . . .
It's a great location. If it looks better in person . . . I didn't take those photos. They're from the listing. I haven't had the opportunity to tour this property yet.symphonicpoet wrote: ↑Jul 28, 2020That's a gorgeous building and your photos make it look pretty darn good.
Looks great! What's next for this immediate area?
Side note: still can't get over rent prices these days, $1200-1800/mo. And that's relatively moderated compared to a lot of other cities.
Side note: still can't get over rent prices these days, $1200-1800/mo. And that's relatively moderated compared to a lot of other cities.
Right now, the Beaumont Building is set to become the next loft apartment project on Locust in the neighborhoodEssTeeEll wrote:Looks great! What's next for this immediate area?
Side note: still can't get over rent prices these days, $1200-1800/mo. And that's relatively moderated compared to a lot of other cities.
Do I see that correctly, the grain silos are visible in the pic of one of the units? I hope the silos stay for a while. They gave a great visual history of area's past, gives some character versus the new mid rise construction as well as a future canvass whether it be lighting, mural .
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^Think what you're seeing in the above pic is the old AT&T building on Jefferson across from Wells Fargo Advisors. That view's looking east from the building, while the silos are SW of it. Agree, they add a hell of a lot of character, brutish as hell, and reflect STL's history. I'm all for their long-term retention, but I wouldn't mind seeing them get some new paint and lighting. And keep building dense all around them.
Back OT: Good looking buildings. Will be interesting to see this development wave go over Midtown Alley, interested to see who and what still remains after, and whether or not it's all worthwhile. This building sure looks good as constructive reuse. Definitely an increase in the neighborhood's per-capita rent.
Back OT: Good looking buildings. Will be interesting to see this development wave go over Midtown Alley, interested to see who and what still remains after, and whether or not it's all worthwhile. This building sure looks good as constructive reuse. Definitely an increase in the neighborhood's per-capita rent.
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^ i had the same thought. no counter space. and is that a TV on the wall? weird arrangement.
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It’s a TV and it’s at such an odd place. Is my couch suppose to be in the kitchen pretty much? What do I do with all that other space?! Tv should be on big empty wallurban_dilettante wrote: ↑Jul 30, 2020^ i had the same thought. no counter space. and is that a TV on the wall? weird arrangement.
A bit hard to tell at this point without a floor plan or getting inside. I would guess it is but it still feels so empty.quincunx wrote: ↑Jul 30, 2020Is that a studio? Maybe the bed is supposed to go there.
Forgot to address a few other things here...EssTeeEll wrote: ↑Jul 29, 2020Looks great! What's next for this immediate area?
Side note: still can't get over rent prices these days, $1200-1800/mo. And that's relatively moderated compared to a lot of other cities.
1. There will be several more projects that are proposed in the area over the next year to two years that will alter the area and create a stable population to where we may see more foot traffic on a normal basis in addition to more businesses. It's not my position to reveal what those next projects are or where they'll be but they'll be a mix of rehab and new construction throughout the area. Definitely will be beneficial to Midtown Alley and Grand Center in addition to creating a continuous neighborhood from the City Limits to the Riverfront within the Central Corridor.
2. Rents are one of the things I have been watching recently. It's a bit expensive but we're lucky we aren't those other cities. At least in this case, you could get a roommate or roommates and split the rent but not everyone will do that, and that's fine. I just think that we will reach a limit with unit prices and price per square foot. I think the maximum we will see in the City Limits is $4.50 Per Square Foot and that will be achieved in the CWE. There's only so much people are willing to pay for at this point in time.
Thanks for the additional info. Sucks to not know more, but it gives me something to look forward to in the near future. As for the rent...agreed there has to be a limit. Just seeing rent prices around the city for new buildings and rehabs I'd think they'd have trouble filling up, but so far they don't seem to be having problems. Good for them, I suppose. I just can't see myself doing it.chriss752 wrote: ↑Jul 30, 2020Forgot to address a few other things here...EssTeeEll wrote: ↑Jul 29, 2020Looks great! What's next for this immediate area?
Side note: still can't get over rent prices these days, $1200-1800/mo. And that's relatively moderated compared to a lot of other cities.
1. There will be several more projects that are proposed in the area over the next year to two years that will alter the area and create a stable population to where we may see more foot traffic on a normal basis in addition to more businesses. It's not my position to reveal what those next projects are or where they'll be but they'll be a mix of rehab and new construction throughout the area. Definitely will be beneficial to Midtown Alley and Grand Center in addition to creating a continuous neighborhood from the City Limits to the Riverfront within the Central Corridor.
2. Rents are one of the things I have been watching recently. It's a bit expensive but we're lucky we aren't those other cities. At least in this case, you could get a roommate or roommates and split the rent but not everyone will do that, and that's fine. I just think that we will reach a limit with unit prices and price per square foot. I think the maximum we will see in the City Limits is $4.50 Per Square Foot and that will be achieved in the CWE. There's only so much people are willing to pay for at this point in time.
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Anecdotal, but since starting my job two years ago I've visited the Midtown Alley area multiple times a week. One thing I have noticed is that it's suddenly hard to find a parking space. Two years ago, Locust was a ghost town. Depending on the time, people would be parked in little clusters outside of Small Batch or The Fountain on Locust. Now the street parking between Garrison and Theresa is consistently 80-100% full, even now during a pandemic.
Unfortunately a lot of these businesses are getting hit just as hard as downtown. SLU is gone, Wells is still mostly remote, no more shows in Grand Center, no more live music from the Kranzberg venues. With that being said, if they can hang on, this area has a bright future.
Also some fun news, the record shop next to the former Fubar is applying for a liquor license
Unfortunately a lot of these businesses are getting hit just as hard as downtown. SLU is gone, Wells is still mostly remote, no more shows in Grand Center, no more live music from the Kranzberg venues. With that being said, if they can hang on, this area has a bright future.
Also some fun news, the record shop next to the former Fubar is applying for a liquor license
Oh, man, what a brilliant business strategy. Nothin' better than getting 'em drunk to loosen the old purse strings!GoHarvOrGoHome wrote: ↑Jul 30, 2020
Also some fun news, the record shop next to the former Fubar is applying for a liquor license
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^Back in the day a place called the Music Cafe in Columbia MO was one of my favorite record stores. You could go, buy a sandwich, drink a good cup of coffee, and shop the used CD collection. later on they had a liquor license, live music, and . . . oh . . . there might have been some quiet, invitation only events in the basement. A fantastic goth night, for instance. (Dancing, drinking, DJs, fancy clothes. Good times.) Yes. A record store with a bar is a grand idea. Of course . . . I doubt they'll have anything I'll want, but you never know. Maybe I'll get lucky for a change. (It happens. One time in twenty, maybe. Maybe less.)
The Trulia listing was updated to include finished photos of the unit. Definitely a studio. Doesn't seem so cold anymore when looking at the pictures with some furniture added in, but it's definitely a loft apartment. Here are some photos I took too.
Final pictures of 3000 Locust...
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