Evolution in Progress
Date Posted: January 17, 2023
Posted In: News, Projects,
Many of these projects take something old and make it new — with the redevelopment of AT&T tower, for example, St. Louis-based developer Advantes Group aims to take the long-vacant office building and transform it into apartment units, updated office space and a hotel. Memphis-based real estate firm Development Services Group attempts to do the same with the Butler Brothers Building, first built in 1906, which it plans to transform into luxury apartments.
Some projects attempt to better connect downtown with other areas — bike paths, pedestrian walkways and MetroLink construction account for nearly $1 billion in proposed development downtown.
The projects don’t sit in one specific area, either — they are all over, targeting specific intersections, buildings and blocks.
We’ve compiled the 17 downtown developments in various stages of work — from proposals to active construction. Our list of projects includes any project in what we consider to be Downtown or Downtown West — bounded by Cass Avenue on the north, the Mississippi River on the east, Chouteau Avenue on the south and Jefferson Avenue on the west.
Take a look at the developments that are changing our Downtown in 2023 and beyond on the map below. (The map is interactive in St. Louis Business Journal’s site.)
Chouteau’s Landing Redevelopment
Cost of project: $1.2 billion
Developer: Good Developments Group
Project description: multiple commercial, industrial and residential projects developed, including the renovation of “numerous” commercial and industrial buildings
North-South MetroLink Line
Cost of project: $667 million*
Developer: Bi-State Development
Project description: MetroLink line running from Jefferson Avenue at Chippewa Street north to Natural Bridge Avenue in the city of St. Louis, running past the MLS soccer stadium. A transfer station north of Chouteau Avenue is also part of the proposal.
*Based on a 2018 study estimate
AT&T Tower Redevelopment
Cost of project: $300 million
Developer: Advantes Group
Project description: redeveloping the 44-story office tower into a mixed-use “vertical city” with 306 apartments, modern office space, retail and a 300-room hotel