While news of a new mixed-use proposal for Forest Park Avenue might sound great, this one has some trade offs worth contemplating, including up to 25 years of tax abatement, demolition of historic buildings and a still non-pedestrian friendly speedway. The design and investment is still exciting and for that it makes the list.
A shuttered hospital since 2014, this massive property at 5535 Delmar Boulevard in the West End Neighborhood could bring $90M of investment to reconfigure the space into 180K sq. ft. of retail/office, 160 apartments and other shared work spaces to help bridge the gaps in this part of our city. Another 2017 development proposal that makes our top twenty list.
The full block, ~1.2M square foot Railway Exchange building at 601 Olive in the heart of Downtown had a change in ownership and some news of courting some exciting tenants. This massive, ~$300M development would be a massive shot in the arm for Downtown and architecture lovers alike. Here's to this one gaining tracking in 2018.
After multiple changes in ownership, the handsome brick building at Dolman and Park Avenue has not been rehabbed. Another transfer in ownership announced in January, 2017 may be the one that gets this project done. What an important building to showcase the preservation bent of the Lafayette Square Neighborhood.
Last year, there was a mixed use proposal for the northwest corner of Skinker and Delmar, this year there is one for the southeast corner. Both would be higher uses at an important entry to the Loop. The Skinker/Debaliviere neighborhood would be more whole with this project and the size matches the existing buildings in the area. A favorite announcement in 2017, for sure.
The handsome corner building at Grand and Holly Hills Avenue in the Carondelet Neighborhood is seeing new life as a transitional housing for children aging out of foster care as well as seniors and families needing housing assistance. This 1928 building was in limbo for many years, so it will be good to get a new roof and interior rehab. Another St. Louis City Talk favorite from 2017.
Another favorite development of 2017 is the Whistler Apartment building at Victor and 9th Street in Soulard. This one will bring over 120 new units and some much needed residential density in one of the more far away corners of this high-visibility neighborhood. With so many tourists and visitors coming to the Brewery, this will make a nice addition to Broadway vs. the shuttered Victor Iron Works.
Our favorite 2017 developments start with Adam's Grove, an affordable new housing development that is transforming the south side of Forest Park Southeast. This project brings diversity in style and materials as well as price points to bring St. Louis what it needs the most...more people! This one has been fun to watch.