Something that's an irony for Downtown (and really office spaces around the country post-pandemic) is that busineses do like leasing in brand-new buildings, regardless of if there's millions of square feet of older office space they could choose from.
If there is a firm commitment or even an agreement, wonder if it makes sense to increase the square footage of the office building and try to lure another tenant or two. Demand is stronger for brand new buildings than older ones for sure. Might just create more musical chairs downtown, but would be great to see a net positive impact and lure an out of downtown tenant that otherwise wouldn't consider the older buildings downtown.Jallen26 wrote: ↑Jun 17, 2025Word on the street is that this is seriously progressing. Thompson Coburn is rumored to be the anchor tenant for the 11 story office building, potentially filling the whole building.
While this would be great for kickstarting the project. It is once again just “musical chairs” as the occupancy at US Bank would suffer greatly.
- 97
Musical chairs in Downtown is better than musical chairs within the metro when perhaps some tenants would only be willing to stay in Downtown if the there's better quality of offices available.
More modern amenities, they'd be the single/dominant tenant, and maybe they see being right next to a modern apartment building would be a draw for young attorneys.JaneJacobsGhost wrote: ↑Jun 18, 2025I don’t understand why TC would want to go from the top of US Bank to a stumpy 11 story building adjacent to a freeway. To each their own I guess.
Class A office buildings with class a amenities are required to attract top talent. That is why buildings like Forsyth Pointe and the new Centene tower are pretty much full at top of market rents.JaneJacobsGhost wrote: ↑Jun 18, 2025I don’t understand why TC would want to go from the top of US Bank to a stumpy 11 story building adjacent to a freeway. To each their own I guess.
PwC Pennant building is 90%+ as well, 505 Broadway just added a couple more tenants after an amenity upgrade, Peabody Plaza is 90%+ as well after an amenity upgrade. There's real demand for modern Class A.STLAPTS wrote: ↑Jun 19, 2025Class A office buildings with class a amenities are required to attract top talent. That is why buildings like Forsyth Pointe and the new Centene tower are pretty much full at top of market rents.JaneJacobsGhost wrote: ↑Jun 18, 2025I don’t understand why TC would want to go from the top of US Bank to a stumpy 11 story building adjacent to a freeway. To each their own I guess.
- 1,794
As SQR2STL pointed out, Centene C really isn’t amenity rich. It’s just new
Having the St. Louis Club doesn't hurt.JaneJacobsGhost wrote: ↑Jun 19, 2025As SQR2STL pointed out, Centene C really isn’t amenity rich. It’s just new
https://www.stlclub.com/
As crazy as this sounds, it is true.Auggie wrote: ↑Jun 19, 2025PwC Pennant building is 90%+ as well, 505 Broadway just added a couple more tenants after an amenity upgrade, Peabody Plaza is 90%+ as well after an amenity upgrade. There's real demand for modern Class A.STLAPTS wrote: ↑Jun 19, 2025Class A office buildings with class a amenities are required to attract top talent. That is why buildings like Forsyth Pointe and the new Centene tower are pretty much full at top of market rents.JaneJacobsGhost wrote: ↑Jun 18, 2025I don’t understand why TC would want to go from the top of US Bank to a stumpy 11 story building adjacent to a freeway. To each their own I guess.
If you are a tenant looking for 100,000 SF of Trophy office space in St. Louis, you are out of luck.
There is a real bifurcation between Trophy and non-trophy. The buildings that have seen the most success recently are brand new (Centene C, Emerson Tower, Commerce Tower), or have had significant improvements completed (Shaw Park Plaza, The Plaza in Clayton, CityPlace 6).
- 1,794
That’s not really an amenity. The building doesn’t even have a gym. Parking is astronomical.dweebe wrote: ↑Jun 19, 2025Having the St. Louis Club doesn't hurt.JaneJacobsGhost wrote: ↑Jun 19, 2025As SQR2STL pointed out, Centene C really isn’t amenity rich. It’s just new
https://www.stlclub.com/
I’m skeptical on St Louis Club’s move long term. Their rent went way up, their views got worse, and they don’t actually have access to the patio that they want people to think they have access to.
The Covid-fuelled club boom will eventually end
I simply offered it up as a slight reason. Didn't mean to sound stupid and irritating.JaneJacobsGhost wrote: ↑Jun 20, 2025That’s not really an amenity. The building doesn’t even have a gym. Parking is astronomical.dweebe wrote: ↑Jun 19, 2025Having the St. Louis Club doesn't hurt.JaneJacobsGhost wrote: ↑Jun 19, 2025As SQR2STL pointed out, Centene C really isn’t amenity rich. It’s just new
https://www.stlclub.com/
I’m skeptical on St Louis Club’s move long term. Their rent went way up, their views got worse, and they don’t actually have access to the patio that they want people to think they have access to.
The Covid-fuelled club boom will eventually end
So why did Centene C become such an "it" destination if the building is meh?
If anything this should spur development at Millennium site. Build new modern class A office space and the firms will come rushing. They don't want renovations: they want all new.
Oooooo...soooo....about that...dweebe wrote: ↑Jun 19, 2025Having the St. Louis Club doesn't hurt.JaneJacobsGhost wrote: ↑Jun 19, 2025As SQR2STL pointed out, Centene C really isn’t amenity rich. It’s just new
https://www.stlclub.com
Might have some proprietary tea... I don't want to say too much...but Stl Club is really not doing very well. According to an inside source I have. It's kind of floundering, to be honest.That is unfortunate. Hopefully the new MAC location isn't the nail in the coffin.SRQ2STL wrote: ↑Jun 20, 2025Oooooo...soooo....about that...dweebe wrote: ↑Jun 19, 2025Having the St. Louis Club doesn't hurt.JaneJacobsGhost wrote: ↑Jun 19, 2025As SQR2STL pointed out, Centene C really isn’t amenity rich. It’s just new
https://www.stlclub.com
Not sure how many young professionals even frequent (or can afford) these clubs nowadays. I personally don't know anyone under 50 who is a member of any of them.
Nope. It's not the MAC move. It's their own members.. the new location has not taken off like they hoped. Not even close.Jallen26 wrote: ↑Jun 20, 2025That is unfortunate. Hopefully the new MAC location isn't the nail in the coffin.SRQ2STL wrote: ↑Jun 20, 2025Oooooo...soooo....about that...
Not sure how many young professionals even frequent (or can afford) these clubs nowadays. I personally don't know anyone under 50 who is a member of any of them.
To put it this way, I'll be surprised if STL Club continues to exist by the end of this year.
I'll never forget this tidbit
https://www.stlmag.com/Amos-Harris-The-True-Believer/At first, he stayed at the Missouri Athletic Club. “They had this great pool on the fifth floor, and you could swim naked in there, because it was all guys,” he says about the MAC of that era. “Every morning, I would do that. I loved it.” But, as Harris tells it, while the young men were swimming, the older guys would “ring the pool with their towel over their lap. And then you’d have the black guys in the penguin outfits coming and serving them coffee” while the older members “were ogling the young guys in the pool. It was the weirdest.”
Redevelopment bill will be discussed at BOA today, here's a link:
https://www.stlouis-mo.gov/government/c ... ed%202.pdf
https://www.stlouis-mo.gov/government/c ... ed%202.pdf
BB39 Redevelopment plan and blighting study for the Millennium redevelopment. 90% property tax abatement for 20 years.
https://www.stlouis-mo.gov/government/c ... BBId=16694
![]()
![]()
https://www.stlouis-mo.gov/government/c ... BBId=16694
"Reknit the Connections / Ballpark and the Arch Grounds / Laclede’s Landing and Gateway South
As part of a larger project to improve streetscapes throughout Downtown, 4th Street, Broadway, and Washington are all receiving significant pedestrian- and cyclist-oriented overhauls in the next 24 months. The Area being located along 4th Street gives it a prime opportunity to take advantage of and build on the pedestrian and cyclist improvements for an increased sense of community and activation. With a stronger connection between the site and the Park, the potential exists for a multimodal loop through the Park, across Clark into Ballpark Village, up 7th to Washington Ave, and then back to the Park. The consideration of a secondary loop into the recent improvements on Laclede’s Landing is another potential enhancement. Additionally, with the Area being located along 4th Street between the Arch and Gateway South, it is a site with great potential for providing positive connections north to south as well as east to west
![]()
As part of a larger project to improve streetscapes throughout Downtown, 4th Street, Broadway, and Washington are all receiving significant pedestrian- and cyclist-oriented overhauls in the next 24 months. The Area being located along 4th Street gives it a prime opportunity to take advantage of and build on the pedestrian and cyclist improvements for an increased sense of community and activation. With a stronger connection between the site and the Park, the potential exists for a multimodal loop through the Park, across Clark into Ballpark Village, up 7th to Washington Ave, and then back to the Park. The consideration of a secondary loop into the recent improvements on Laclede’s Landing is another potential enhancement. Additionally, with the Area being located along 4th Street between the Arch and Gateway South, it is a site with great potential for providing positive connections north to south as well as east to west
Circular MCM buildings don't seem to last long here. The Millenium hotel, that hotel that used to be at Jefferson & Market, the round building in the central west end. The top of the tower building in North County doesn't seem long for this world either.
Oh, and this amalgamation in OKC too.
- 9,539
GAPF now outright owns the site. Off to the next step
" . . . is among a group of massive vacancies Downtown."
The Business Journal really just can't help being negative, can they? I mean, here's a great, positive development for Downtown, and yet the just had to throw that in.
The Business Journal really just can't help being negative, can they? I mean, here's a great, positive development for Downtown, and yet the just had to throw that in.
- 1,794
They suck. They serve suburban interests who see a thriving downtown as a threat to the status quo. They’re already licking their chops for the first article about how an unnamed resident feels “unsafe”