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Latest development highlights
include:
New Busch Stadium (2006)
Busch Stadium is home to the St. Louis Cardinals. Construction for the $365 million project began on January 17, 2004 and was completed in time for the 2006 season. The first major league game
was played on April 10, 2006 and was a victory for the Cardinals against the
Milwaukee Brewers. The stadium sits on the southern edge of downtown, and its
open park design gives spectators a dramatic view of the downtown St. Louis skyline.
Busch Stadium is scheduled to
host the 2009 All-Star Game.
The Old Post Office (2006)
This beautiful historic building, originally built in 1884, recently underwent a $35 million renovation to revive it as the centerpiece of the Old Post Office Square. The
245,000-square-foot building now houses the Missouri Court of Appeals, a branch
of the St. Louis Public Library, a Webster University satellite campus, and the
St. Louis Business Journal.
Lumière Place-Pinnacle Casino/Four Seasons Hotel (2007)
Located near the Riverfront on Laclede’s Landing, the $507 million Lumière Place includes a 75,000-square-foot casino with 2,000 slot machines, two hotels,
seven restaurants, a luxury spa, a fitness center, and business center and
meeting facilities. HoteLumiere features an all-suite, 295-room hotel connected
to the entertainment complex by a skywalk above Second Street. The second hotel
is the 200-room Four Seasons St. Louis, which
occupies the skyscraper atop Lumiere Place. The complex was developed by
Pinnacle Entertainment.
Post Office Plaza (2008)
New construction on a three-quarter acre plaza is underway to create a public area with extensive landscaping, public art, a waterfall, and space for events. The $8.2 million project is located
immediately north of the renovated Old Post Office and it is part of the city’s
goal to beautify public spaces downtown. Developed by Downtown Now, the Post
Office Plaza is expected to be complete in July 2008.
Gateway Transportation Center (2008)
This multi-modal transportation center will serve as a bus and train hub for Greyhound bus and Amtrak train passengers, with easy access to MetroLink. Set to open in early June 2008, the $27 million
building will be complete with four train platforms and 10 bus bays. The new
transportation center is located in downtown St. Louis near 14th
Street and Clark Street across from Scottrade Center.
Federal Reserve Bank Expansion (2008)
One of 12 regional Reserve Banks in the nation, the Federal Reserve Bank of St. Louis was established in 1914. In need of additional space, the expansion includes new construction of an outdoor
plaza and a six-story, 100,000-square-foot office addition to the existing
Federal Reserve Bank building. The acquisition and remodeling of the former nearby
Marquette parking garage will allow for the demolition of the bank’s existing
garage. The project is estimated at $80 million and is scheduled to be complete
in 2008.
Gateway Mall Sculpture Garden (2009)
Commissioned and funded by the Gateway Foundation, plans call for 2.9 acres of city green space to be transformed into a $25 million sculpture garden with 20 to 25 works of art,
an indoor-outdoor café, a waterfall, a reflecting pool, spacious lawns, walking
paths and ample seating. The project is another key piece of Downtown Now’s
plan to beautify public spaces in the city. The sculpture park is due to open
July 2009 in time for the All-Star Game at nearby Busch Stadium.
Ballpark Village (2010)
This proposed $387 million development includes 324,000 square feet of retail, restaurant, and entertainment space; 100,000 square feet of office space; and 1,200 parking
spaces north of the new Busch Stadium during Phase 1 of the project.
Additional office space and
residential towers will be added to the six-square-block area during Phase 2
and 3 based on market demand. The Baltimore-based Cordish Co. and the St. Louis
Cardinals are working together as the developers for this project. The
speculative date of completion for Phase 1 is 2010.
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