St. Louis

Officials Announce Environmental Cleanup of Carter Carburetor Site

The long-awaited environmental cleanup of the Carter Carburetor Site has been announced as federal, state and local officials gathered at the Herbert Hoover Boys and Girls Club on North Grand, adjacent to the site. The press conference marking the event was attended by U.S. Rep. William Lacy Clay, Jr., Missouri State Senator Jamilah Nasheed, St. Louis Mayor Francis G. Slay, EPA Assistant Administrator Mattie Stanislaus, EPA Region 7 Administrator Karl Brooks and Flint Fowler of the Herbert Hoover Boys and Girls Club.

Duke Realty Leases 58,000 Sq. Ft. to NISA Investment Advisors

Duke Realty Corporation’s St. Louis office recently announced that it has leased 57,690 square feet of office space to NISA Investment Advisors LLC in 101 South Hanley. NISA is set to occupy three contiguous floors in the Class A, 19-story office building located at 101 South Hanley Road in Clayton.

The City of St. Louis Launches Energy-Efficiency Financing Program

If you are a property owner in the city of St. Louis or plan on becoming one in the near future, you should be happy to hear that The City of St. Louis recently launched an innovative program: Set the PACE St. Louis.

Reinsurance Group of America Breaks Ground on new 405,000-Square-Foot HQ Complex

Reinsurance Group of America, Incorporated recently held a groundbreaking ceremony for its new global headquarters in Chesterfield. The new 405,000-square-foot complex will include two five story office towers, each of equal size. The two buildings will be linked by a two-story atrium lobby.

University of Missouri Health Care Opens $190M Expansion Project

University of Missouri Health Care has inaugurated its largest expansion ever for University Hospital in Columbia, Missouri. The $190 million addition was designed by renowned architecture firm HOK and will feature a new patient care tower and a facility which will replace the oldest cancer center west of the Mississippi River – the Ellis Fischel Cancer Center.

Hayden to Convert Top Floors of Millennium Center to Apartments

Downtown St. Louis’ first glass-walled office tower, the Millennium Center, has been acquired by developer Brian Hayden who intends to move the existing tenants to lower floors and renovate the higher floors as apartments

Owner of $8.2 Million Locust Street Lofts Files for Bankruptcy

Locust Street Lofts LP has filed for Chapter 11 bankruptcy and has listed between one and 49 creditors in the filing, with estimated assets and liabilities ranging from $1 million to $10 million.

Washington University Gets Approval for $80M Residential, Retail Project

Washington University in St. Louis has recently obtained final approval for an $80 million student apartment and retail project in the Delmar Loop in University City and the city of St. Louis.

Roberts Tower to Feature 132 Upscale Apartments; St. Louis Zoning Panel Green Lights Apartment Building in Dogtown

The St. Louis Land Clearance for Redevelopment Authority has nominated STL Tower Partners as the preferred developer of the vacant Roberts Tower in downtown St. Louis.

Retail Market Livens Up in St. Louis

Several retail market-related news made headlines in St. Louis recently, regarding both traditional and online retail. Representing traditional retail was the sale of the Bellemore Village Center located at 3202 Nameoki Road.