Jun 18, 2013, 12:07pm CDT
Panel suggests tentative location for CORTEX MetroLink station
The best location for a new MetroLink station planned at the CORTEX biotech and medical research district in Midtown is between Boyle Avenue and Sarah Street, according to an Urban Land Institute St. Louis technical assistance panel, which is preparing a report for the private nonprofit Citizens for Modern Transit.
The report will make a recommendation as to where a new MetroLink station should be located, what kind of parking amenities the CORTEX district will need to support a new station and what kind of incentives are available to finance planning and construction.
CORTEX is in the middle of a $186 million second phase of development, which includes the construction of a $45 million office building for BJC Healthcare and other major infrastructure improvements. A new MetroLink station would create a direct link to MetroLink stations at BJC and Washington University medical campuses to the west and Saint Louis University to the east.
The Urban Land Institutes’s Laura Radcliff, who is a senior vice president of public finance at Stifel, Nicolaus & Co., said the final report should be ready by Aug. 8.
