urbanSTL

I still dont understand that location for "high end" condos. Half the building will be overlooking a parkway (forestpark parkway)

Zink,

Why do you think that?



I think there are few locations in this region better suited for high end condos. Located right next to the Ritz Carlton, and just east of two of the most expensive condo buildings in the region in the Cresent and Plaza in Clayton along with views of forest park, cwe, and downtown to the east and clayton to the west these should be selling. I blame the economy and flooded Clayton new construction condo market on this one.



This site also has excellent access to metrolink as well as FPP, 40/64, and 170.

I would like to see more build up around Shaw park.

The best spot I can think of for a high end condo is either at Lindell & Kingshighway overlooking Forest Park or Ballpark Village condo overlooking Busch Stadium and lower roof top pool/bar. However, would rate this at number three. Probably top five when a few others chime in on better spots.

Looks like this one almost got started

Trianon
$150 million
50 Carondelet Plaza
A transit-oriented development near the Forsyth Boulevard MetroLink station is officially on hold, according to the project’s developers, Orchard Development Group.
The Trianon project, a high-rise condominium building at Forsyth and Carondelet Avenue, won’t move forward until the credit markets improve, said Ellen Reid, vice president of sales and marketing at Orchard. Plans call for a 26-story high-rise with 140 condos, a six-story building with 175 apartments and 30,000 square feet of retail space. The condos would range from $350,000 for a 1-bedroom unit to $1.5 million for a penthouse.
Despite strong pre-construction sales — Reid said nearly half the units had been presold at this time last year — the Trianon development was not slated to break ground until financing was finalized.
“Some people have decided to wait and see; some people have moved on to other projects,” she said. “We would like to do it, but until the capital markets move, it is on pause.”
Reid said sales were robust at another Clayton development, the Demun Pointe condos at Clayton Road and Seminary Place. Prices range from $300,000 to $750,000. Reid is working on that development in her role as principal at Reid Case Group.
“We’re finding generally that buyers are looking for built-out inventory; they’re looking for a stabilized building,” she said.

http://stlouis.bizjournals.com/stlouis/ ... tml?page=1
Read more: Minimal movement on Clayton’s stalled developments - St. Louis Business Journal

Any news on the Trianon? It's website is still running and being updated.

How/when was the website updated? My understanding was that the project is 100% dead.

wabash wrote:How/when was the website updated? My understanding was that the project is 100% dead.

It was updated 4 weeks ago. Pricing was updated. I guess it might not..

Cool...its being marketed as TOD also. Maybe a project that was formally a victim of the market is being revived.

goat314 wrote:Cool...its being marketed as TOD also. Maybe a project that was formally a victim of the market is being revived.

I would love to get more information on this. It was never 'declared dead'. I think the economy is back to levels where a development like this could get underway. *FINGERS CROSSED*

how do you know when it was updated

arch city wrote:About a year ago, I was informed by the Chicago office that this project was dead.

The website is in zombie operational status, which makes me wonder if the project is really dead.

Why would the company continue to pay for a dead project's domain/website?

Orchard Development Group's St. Louis telephone number is dead - for sure.

I called the number as well, and the phone is dead. However, I agree. Why would they keep it up like that..? Then again, the economy has improved since last year. I

gone corporate wrote:Actually, I just called them as well right now and spoke to a woman who works for the development company. I said that I heard the website was recently updated and asked her if the Trianon project was still a possible future development.

Her response:

Oh, I wish... No one more than me.

She wasn't aware of any updates to the website. And, she said the company is focusing on other projects in the STL area. Very nice woman who took claim to the fact that this project was just another victim of the 2008 Crash and the Great Recession.

As of today, Trianon remains dead as Dillinger.

Ah. Must be removing parts to the site then. Quite sad, as it was a great proposal. Good to hear they are still investing in the area. The lot is still prime real-estate, maybe we could see a similar project in the future.

What does everyone want to see at this site? Such a huge piece of land it's just hard to believe it's been vacant for so long.

^I've always liked the 5-6 story portions of the Trianon renderings, even as they seemed to change a little over the course of its proposal. The tower was always the least attractive part IMO.

I think a cluster of buildings like those, between 5 and 9 stories (which is the height of The Crescent), that fills out all of the surface space would be ideal. I think it could easily create Clayton's premier shopping and dining destination - and most desirable apartment location. That pedestrian boulevard stretching from the Metrolink station toward the Plaza roundabout was a fantastic idea.

^ It would be nice to see this project revived and break ground along with the Clayco/Loop proposal near the Delmar station & Boulevards II residential before the proposed development @ old Schnucks site at Hanley/Clayton road. You would have to great infill projects adding density near their respective metrolink stations.