British stone. LOUIS – Developers have submitted plans to add hundreds of apartments and create more entertainment options in Midtown, adding to the slew of restaurants, housing and entertainment venues that have opened over the past few years.
Green Street Real Estate Ventures plans to convert the former Famous-Barr warehouse — adjacent to the new Armory gaming arcade and across the interstate from the City Foundry — into apartments, offices, shops and entertainment space.
A development partnership between Clayton-based Spitzberg Lassen Enterprises and Minnesota-based Tailwind Group could add hundreds of student housing units west of Saint Louis University.
St. Louis Planning Commission These two items will be reviewed this week. Together, the two will once again increase the density of thriving Midtown neighborhoods.
The Green Street project is west of St. Louis developer Armory Entertainment Center, which opened late last year; it’s also across from Interstate 64 at City Foundry STL, a mixed-use entertainment complex currently under construction for a second phase of condominiums .
Green Street plans to turn the warehouse into 177 apartments, 650 parking spaces, 170,000 square feet of office space and 150,000 square feet of retail and entertainment space, Plans submitted to the City of St. Louis show.
Green Street acquired the building at 3728 Market Street in 2021 for $22 million, according to city records.
The site is currently occupied by MERS Goodwill Outlet and Hazzard Moving and Storage. A spokesperson for Goodwill said the plan does not require the organization to relocate; Goodwill still has a 10-year lease and option on the space. Hazzard Moving and Storage did not immediately respond to a request for comment.
Documents show Green Street is applying for a zoning change to allow for occupancy, a move backed by City Planning Commission staff. But the developer has yet to pay $608,137.13 in real estate taxes for 2022, city records show. It’s unclear if that will affect the city’s support or plans. A company spokesman declined to comment.
Meanwhile, the student housing project called for 314 apartments for college students on the 12th floor on the vacant lot at 3800 Laclede Avenue, as well as parking, retail, and second-floor amenities. The site is west of Saint Louis University and less than a mile north of the Green Street proposal.
The project is located within the boundaries of Midtown Redevelopment Corp., an affiliate of SLU and SSM Health, which oversees the development of 400 acres adjacent to the University. Executive director Brooks Goedeker said the redevelopment corporation could offer tax breaks for projects within its footprint, but student housing projects would not receive the incentive.
The developer is looking to rezoning to allow for the residences, which planning council staff have backed.
The district’s councilwoman, Laura Keys, also supports student housing and the Green Street project.
A council of city councilors has the final say on approving both proposals.
The Program Committee will hold an online and in-person meeting at 5:30 p.m. Wednesday at the Delmar Divine Berges Convention Center at 5501 Delmar Boulevard.
This news collected fromSource link