St. Louis is rolling right along in project announcements and updates over the past few days. Here's another one...
Melba Theater Redevelopment Moves Ahead...
Quote:
In 2018, it was announced that Garcia Properties acquired the ornate, 3-story, 30,000sf building at 3600 South Grand with the intention of redeveloping the building into 2/3rds residential and a 1/3rd commercial space. The mixed-use development announcement brought joy to many people as this building has been seen as a lynchpin for future development in the area. And with Garcia having a track record of getting things done, there was hope to believe that the redevelopment would take place.
Garcia then went and applied for Historic Tax Credits from the state of Missouri and because of how the HTC office was gutted, the process took longer than they had hoped. Today, Garcia announced that they have received the necessary approval for the tax credits and are ready to move ahead on the redevelopment of this building.
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Story Link:
https://www.cityscene-stl.com/post/g...-redevelopment
Pictures of the building from today...
