Living next door in the Paul Brown Lofts, I was curious (and unfortunately prematurely excited) when I saw chainlink fences and construction equipment appear outside of the neighboring Arcade Building the past day or two. I just asked someone outside what the deal was, and they told me they're doing environmental compliance work to prepare the building for the market (it is currently owned by the city). The hope is some outside developer will buy it and rehab it. It looks to be a 60-80 million dollar project, according to the man I was talking to. I really hope this building is rehabbed someday, and not demolished. Its location is so great, just a skip and a hop away from Wash Ave, the MX, the convention center, CityGarden, etc. etc.

Here is the Built St. Louis writeup about the Arcade Building.
http://www.builtstlouis.net/arcade0.html

Here is the latest Post article I could find about developments surrounding it, going back to 2010
http://www.stltoday.com/business/articl ... 06494.html

I've also noticed that getting off the train every morning. The Arcade/Wright & the Chemical Building are 2 huge holes downtown. Not sure what can be done with the Arcade, though. I think the market for condos/lofts/apartments needs a breather. It would be nice to see it restored to something similar to its original purpose, which is urban retail, though that is a tricky industry these days. Downtown Atlanta (and other cities, as well) has a multi-storied Target in a similar-sized building (at least from my recollection).

^ Same with the Jefferson, I believe.

moorlander wrote:Why did we start a new thread for this?

Because I didn't know there was already a thread about this building, and the forum's search engine searches for text in the threads, not thread titles, so it's hard to tell whether or not there's already a thread with, say, "Arcade" in the title.

^ True.