Anyone know what’s going on here? (Wash Ave next to 2020, both of the grass (one on either side) of this little building appear to getting turned into parking lots? There are fence posts going around it too
The optimist in me hopes staging for the buildings to the south. The realist knows it's probably parking, but at least that's better than an overgrown green space filled with windblown garbage.
Regarding the 2100 block of Washington, it appears that Twain Financial owns those lots. They recently rehabbed the building at 2200 for their new office space. I figured they might turn one of these into parking, but all of it would seem excessive. Twain and Abbott own quite the hodgepodge of land in this area now. I've been wondering if they are cooperating at all, or if they see each other as competitors for land acquisition. Clearly, if they don't get along, Abbott's initial plans for this block are in trouble. But, let's hope that's not the case. Abbott still appears to have a lot to work with in the area.
Improvements, a new tenant, and restaurant concept (from the Windows on Washington guy) coming to a rebranded Gateway Plaza. Peabody Plaza is being done away with. https://www.bizjournals.com/stlouis/new ... e=facebook
I'm fairly sure the Peabody Plaza name is new anyway. My battered copy of the McCue/Peters guide seems to refer to it as "One Gateway Mall." Gateway Plaza seems a fine name to me. I can very much live with that.
While I would rather see the building torn down, a refresh is always nice. I think I will be happiest to no longer have a coal company's name on one of the cities most prominent buildings.
^ Same, I wouldn’t mind seeing it imploded...or, however ridiculously impractical, dismantled and rebuilt on another block.
I am really curious about this concept from the WoW guy. The article wasn’t really clear whether it was going to be a ground floor spot or up top. I would imagine on the ground since it’s just going to be a breakfast and lunch place...but a restaurant on top would have stunning city/Arch views.
The demolition for the mall, was nothing short of shameful, I'll grant you that. But I don't really see a need to tear it down or move it. Honestly, I could see giving up considerable portions of the Gateway Mall for decent buildings. Other than City Garden most of it feels pretty darned underutilized. Give part of it up. Build more buildings. Use what's left better. Put in more useful amenities and art. Gateway Mall is now and always was a bit silly. But I can't blame the current building for the demo. It was the park as caused all that. And the street widening.
Architecture firm Arcturis and a new restaurant concept from Windows on Washington have signed on as tenants at the former Peabody Plaza in downtown St. Louis.
Their move could mark the beginning of a turnaround for 701 Market St., which had been in receivership for a decade before New York-based Briar Meads Capital acquired it for $35 million earlier this year. Briar Meads Capital is ditching the Peabody Plaza name and renaming the 400,000-square-foot, 16-story building Gateway Plaza.
Arcturis, which Briar Meads has tapped as the building's architect and designer, will occupy about 14,000 square feet at the end of 2020 when its lease at its current home, 720 Olive St., just two blocks north, ends. Windows on the Gateway Plaza, a new concept from Windows on Washington owner/operate Tom Klein, will offer breakfast, lunch and cater on 7,000 square feet when it opens in July. Additional leases with other companies are pending, officials said.
“We are very excited to reintroduce Gateway Plaza to the St. Louis downtown market and broader region, and to provide much needed fresh investment and energy into tenant office spaces, marketing and retail spaces. Our experience operating and improving Class A office buildings along with our strong financial strength will ensure Gateway Plaza will continue to be a very special building for our firm and partners,” Briar Meads Capital Managing Director Sid Singh said in a statement.
Launched in 2013, Briar Meads Capital is a national commercial real estate investor, owner and operator, and has acquired more than $500 million in commercial real estate properties. The company previously owned 1601 Washington Ave., home of Windows on Washington, until 2015 when Briar Meads sold it for $3.2 million to an entity affiliated Klein in early 2015, according to real estate data firm Reonomy.
“Our firm has a long history, deep respect and strong familiarity with St. Louis, which we believe will allow us to make Gateway Plaza truly excel for long into the future,” Seth Berkowitz, Briar Meads Capital managing director, said.
For Arcturis, its move is timed to the end of its 12-lease at 720 Olive. Yet Covid-19 has also pushed its executives to rethink how its space is used. They're studying how to maximize their space and incorporate flexibility, Principal Julie Keil said, adding that "the timing couldn't have been better to challenge our design thinking."
The women-owned company, one of the largest architecture and design firms in the region, began the search for its future office before the pandemic, considering a move to Cortex, the Midtown tech district; The Grove; and at Washington Avenue and Tucker Boulevard.
"It was a top priority as urban planners and designers to continue to be a part of our urban core as this ultimately identifies and anchors our region," President and CEO Traci O' Bryan said.
Hopefully these new owners will be a little more open to opening the half mall portion of the property as a public space instead of a private plaza for the building’s workers.
Connecting Citygarden to Kiener Plaza would really help improve that section of the Mall.
All of the stuff at Union Station is opening June 8th and I think City Museum will soon announce when they are re-opening. Everyone like the Zoo will be doing ticketed time slots.
Connecting Citygarden to Kiener Plaza would really help improve that section of the Mall.
At the very least they could connect the tree lined sidewalk that runs along market in both CG and KP. Not that the current sidewalk is bad, but I do really like the tunnel like setting that the trees produce