Development
Work on $57M Fashionbilt Lofts May Start Next Spring
By Kevin Collison The developer of the proposed 222-unit Fashionbilt Lofts near Quality Hill is wrapping up his application for historic tax credits and anticipates starting work on the $57 million project this spring. Gary Hassenflu of MW Development plans to renovate the historic Barton Brothers Shoe Co. Building at 423 W. Eighth St., build…
Persistence Bears Fruit at 2000 Vine Redevelopment
(Editor’s note: This article originally appeared on Aug. 20.) By Kevin Collison The developers of the 2000 Vine historic redevelopment are beginning to taste the fruits of their hard work over the past three years, but are candid describing how tough it can be doing projects on the East Side. “It’s become painfully clear and…
Historic Mason Building on Grand Could Become $11M Boutique Hotel
By Kevin Collison The historic Mason Building, now an inconspicuous office building wedged along Grand Boulevard, could become a 35-room boutique hotel, bar and restaurant if plans being pursued by a St. Louis developer come to fruition. Metropolitan Build has submitted preliminary inquiries at City Hall to determine whether the old building could become the…
St. Louis Gets First Urban Target, Can KC Be Far Behind?
By Kevin Collison The announcement last week Target plans to open one of its smaller urban stores as part of a midtown St. Louis development has prompted renewed speculation about when the chain plans something similar here. Perhaps as early as next year, according to real estate sources, although exactly where in Kansas City’s “River-Crown-Plaza”…
Historic Oglesby Hotel Being Restored as Affordable Housing on Troost
By Kevin Collison The historic Oglesby Hotel near 39th and Troost is being preserved and renovated as an affordable apartment project thanks to its good neighbor, St. James Catholic Church. The 130 year-old, Queen Anne-style mansion will find new life providing 25, one-bedroom apartments renting for $650 per month. Eight units will be eligible for…