One Hundred appears to be over 50% leased with 164 of 316 units now unavailable on their website. Even accounting for a few model/show units would still put them over the 50% mark.
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Nice. Moving in the right direction and is good to see. This is a landmark project for St. Louis in terms of architecture and the associated required rents and is attempting to define a new price point for the city. Hoping the rest gets leased up quickly.
Definitely. And part of the low percentage is simply its scale. If One Hundred were the size of The Orion (178 units) it'd be 90+% leased, Citizen Park (217 units) 75% leased, or Chroma (235 units) 70% leased.newstl2020 wrote: ↑May 22, 2021Nice. Moving in the right direction and is good to see. This is a landmark project for St. Louis in terms of architecture and the associated required rents and is attempting to define a new price point for the city. Hoping the rest gets leased up quickly.
I can only assume that One Hundred's success will only help the prime lot next door get a signature tower sooner then later as well.newstl2020 wrote: ↑May 22, 2021Nice. Moving in the right direction and is good to see. This is a landmark project for St. Louis in terms of architecture and the associated required rents and is attempting to define a new price point for the city. Hoping the rest gets leased up quickly.
Via biz journal
A Pilates studio has filled the lone commercial space at One Hundred Above the Park, the $130 million, 36-story residential tower that sits at North Kingshighway and West Pine boulevards in the Central West End.
A Pilates studio has filled the lone commercial space at One Hundred Above the Park, the $130 million, 36-story residential tower that sits at North Kingshighway and West Pine boulevards in the Central West End.
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Join us for the FLWHEP annual benefit and birthday tribute to Frank Lloyd Wright. Enjoy a special look at ‘One Hundred Above the Park’ by Studio Gang, an online auction, birthday festivities, and more.
This year’s annual benefit will celebrate Wright’s birthday with a virtual presentation on One Hundred Above the Park by lead architect Juliane Wolfe of Studio Gang. Juliane will share insight into the design of the recently completed residential development located in St. Louis’ Central West End.
VIRTUAL EVENT
SUNDAY, JUNE 6, 2021 from 5:00 – 6:00 PM
Purchase Event Tickets HERE https://ebsworthpark.org/preserving-whats-wright-tickets/
TICKETS INCLUDE
The online Zoom event includes birthday messages and festivities. To help you celebrate at home, event admission includes a PARTY KIT with a birthday treats and a commemorative gift. Party kits may be picked up at the FLWHEP on June 4 and 5 (details provided with registration). A Zoom link will be sent following registration.
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PLUS: A VISIT TO ONE HUNDRED ABOVE THE PARK
Includes virtual presentation, in-person tour of One Hundred Above the Park. Scheduling information for in-person tours and party kit pickup will also be provided upon registration. Tours will be offered on select dates in June and July.
One Hundred Above the Park; Studio Gang
Like Frank Lloyd Wright, Studio Gang uses complex geometries to create connections between interior and exterior environments and offer innovative living spaces with natural light and beautiful views of the landscape.
ONLINE AUCTION
TUESDAY, JUNE 1 THROUGH MONDAY, JUNE 7 AT 12PM
Support the FLWHEP by bidding on unique, Wright-inspired items and experiences. Online auction items include tours, furniture, art, books, and jewelry.
Bidding begins Tuesday, June 1 at 12:00 Noon and closes Monday, June 7 at 12:00 Noon.
This year’s annual benefit will celebrate Wright’s birthday with a virtual presentation on One Hundred Above the Park by lead architect Juliane Wolfe of Studio Gang. Juliane will share insight into the design of the recently completed residential development located in St. Louis’ Central West End.
VIRTUAL EVENT
SUNDAY, JUNE 6, 2021 from 5:00 – 6:00 PM
Purchase Event Tickets HERE https://ebsworthpark.org/preserving-whats-wright-tickets/
TICKETS INCLUDE
The online Zoom event includes birthday messages and festivities. To help you celebrate at home, event admission includes a PARTY KIT with a birthday treats and a commemorative gift. Party kits may be picked up at the FLWHEP on June 4 and 5 (details provided with registration). A Zoom link will be sent following registration.
PLUS: A VISIT TO ONE HUNDRED ABOVE THE PARKIncludes virtual presentation, in-person tour of One Hundred Above the Park. Scheduling information for in-person tours and party kit pickup will also be provided upon registration. Tours will be offered on select dates in June and July.
One Hundred Above the Park; Studio Gang
Like Frank Lloyd Wright, Studio Gang uses complex geometries to create connections between interior and exterior environments and offer innovative living spaces with natural light and beautiful views of the landscape.
ONLINE AUCTION
TUESDAY, JUNE 1 THROUGH MONDAY, JUNE 7 AT 12PM
Support the FLWHEP by bidding on unique, Wright-inspired items and experiences. Online auction items include tours, furniture, art, books, and jewelry.
Bidding begins Tuesday, June 1 at 12:00 Noon and closes Monday, June 7 at 12:00 Noon.
According to the property website, 143 units remain of 316. All penthouse level (36th floor) units are leased. Percent leased: 55%. Slowly but surely the building is filling up. Despite my problems with the building, I'm glad to see that it cracked 50% within 8 months of welcoming the first resident.chriss752 wrote: ↑Mar 28, 2021Their website shows 220 apartments of 316 available. 30% leased.
The parking garage spaces are also being rented out to residents of the Parc Frontenac building, so that's why those are filling up more.
Also, the Pilates studio on the first floor here now has signage up.
It is a pretty pricey building for St. Louis, so 55% leased is good, I think - especially considering all of the new multi-family projects built in recent months and years ----with more on the way.
I just hope it gets to 95-100% sooner than later so that another project of this magnitude can get going.
This is a high-profile project for St. Louis - and STL needs more of them.
I just hope it gets to 95-100% sooner than later so that another project of this magnitude can get going.
This is a high-profile project for St. Louis - and STL needs more of them.
From CAM today. Love seeing One Hundred paired with the Park East:
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And last but not least...you can see One Hundred from the 400 level at Busch:
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And last but not least...you can see One Hundred from the 400 level at Busch:
103 units remain of 316. That's 67.4% leased. It's now clear why things are happening behind the scenes at the Koplar site. The most expensive apartment building in the Metro Area is 2/3rds leased. Huge achievement in my view and opens the door for more very high end apartment buildings and rents.
Those are very good news!!!chriss752 wrote:103 units remain of 316. That's 67.4% leased. It's now clear why things are happening behind the scenes at the Koplar site. The most expensive apartment building in the Metro Area is 2/3rds leased. Huge achievement in my view and opens the door for more very high end apartment buildings and rents.
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^^^The ferris wheel looks pretty good from up there too. Generally a great view. 
I’ve always wonder how Forrest Park looks from up there!! Has to be priceless.symphonicpoet wrote:^^^The ferris wheel looks pretty good from up there too. Generally a great view.
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^I was trying to refer to sc4's pic from the 400 level at Busch. Can't speak to the view of Forest Park from the magazine rack, but I expect it's well worth the money, though maybe second fiddle to the view of downtown. 
93 units of 316 remain - 71%,chriss752 wrote: ↑Aug 23, 2021103 units remain of 316. That's 67.4% leased. It's now clear why things are happening behind the scenes at the Koplar site. The most expensive apartment building in the Metro Area is 2/3rds leased. Huge achievement in my view and opens the door for more very high end apartment buildings and rents.
One Hundred won The Architect's Newspaper's Best of 2021 award for multi unit residential:
https://issuu.com/archpaper/docs/bod_2021/38
https://issuu.com/archpaper/docs/bod_2021/38
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71 units of 316 available, or 78% occupied. This is considered pretty slow in terms of leasing, but not bad considering how expensive.chriss752 wrote:93 units of 316 remain - 71%,chriss752 wrote: ↑Aug 23, 2021103 units remain of 316. That's 67.4% leased. It's now clear why things are happening behind the scenes at the Koplar site. The most expensive apartment building in the Metro Area is 2/3rds leased. Huge achievement in my view and opens the door for more very high end apartment buildings and rents.
Cheapest rent is $2,050 for a studio, with only one vacancy. Then, only two other units available for under $2,500/mo. Outrageous. In total, only 3 vacancies under $2500/mo.
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Bodes well for The Marlowe. Also, too bad that Balke Brown project @ 4915 West Pine got pulled as the same would be the case there.dbehrens011 wrote: ↑Feb 21, 202271 units of 316 available, or 78% occupied. This is considered pretty slow in terms of leasing, but not bad considering how expensive.chriss752 wrote:93 units of 316 remain - 71%,chriss752 wrote: ↑Aug 23, 2021103 units remain of 316. That's 67.4% leased. It's now clear why things are happening behind the scenes at the Koplar site. The most expensive apartment building in the Metro Area is 2/3rds leased. Huge achievement in my view and opens the door for more very high end apartment buildings and rents.
Cheapest rent is $2,050 for a studio, with only one vacancy. Then, only two other units available for under $2,500/mo. Outrageous. In total, only 3 vacancies under $2500/mo.
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Standard industry underwriting would be 18 - 24 month lease up for a project of this size without taking into consideration the pandemic and market setting per square foot rents. It has not leased up slow. Quite the opposite.dbehrens011 wrote: ↑Feb 21, 202271 units of 316 available, or 78% occupied. This is considered pretty slow in terms of leasing, but not bad considering how expensive.chriss752 wrote:93 units of 316 remain - 71%,chriss752 wrote: ↑Aug 23, 2021103 units remain of 316. That's 67.4% leased. It's now clear why things are happening behind the scenes at the Koplar site. The most expensive apartment building in the Metro Area is 2/3rds leased. Huge achievement in my view and opens the door for more very high end apartment buildings and rents.
Cheapest rent is $2,050 for a studio, with only one vacancy. Then, only two other units available for under $2,500/mo. Outrageous. In total, only 3 vacancies under $2500/mo.
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