From the Business Journal:
West downtown's burgeoning restaurant scene has attracted Koplar Properties. The company bought the 7,500 square foot vacant building at 1711 Locust for $385,000.
Joe Niedner of McKelvey properties represented Koplar properties and the building's previous owner, attorney Roger Wallach, in the sale.
Sam Koplar said a restaurant tops the short list of options for the building, but final use has not been determined. Koplar's building is within blocks of several businesses that have opened recently. "That area of Locust is becoming one of the new entertainment and dining corridors downtown," Niedner said.
The article went on to say, Despite the cooling housing market, condo sales downtown this year will outpace the number sold in 2006. There were 382 condos sold through the end of November, 2007, according to the St. Louis Assessor's Office, which sets a new record for condo sales in the downtown market. Last year, there were 336 condos sold for the entire year.
West downtown's burgeoning restaurant scene has attracted Koplar Properties. The company bought the 7,500 square foot vacant building at 1711 Locust for $385,000.
Joe Niedner of McKelvey properties represented Koplar properties and the building's previous owner, attorney Roger Wallach, in the sale.
Sam Koplar said a restaurant tops the short list of options for the building, but final use has not been determined. Koplar's building is within blocks of several businesses that have opened recently. "That area of Locust is becoming one of the new entertainment and dining corridors downtown," Niedner said.
The article went on to say, Despite the cooling housing market, condo sales downtown this year will outpace the number sold in 2006. There were 382 condos sold through the end of November, 2007, according to the St. Louis Assessor's Office, which sets a new record for condo sales in the downtown market. Last year, there were 336 condos sold for the entire year.







