It is not an overstatement..... that St. Louis' Central Corridor (from downtown to Clayton) continues to boom. Phase 1 on the East of Cortex development has begun.
Work begins on $340 million Midtown redevelopment that will include stores, offices and food hall
Tim Bryant
St. Louis Post-Dispatch
August 25, 2016 11:02 AM
Environmental cleanup began this week in Midtown St. Louis at the former Federal Mogul foundry the Lawrence Group is redoing as stores, offices and a food hall.
Steve Smith, Lawrence Group’s chief executive, announced the work Thursday and added that Bull Moose Industries will take “a significant ownership interest” in what has grown to as large as a $340 million redevelopment of the 14-acre site.
Bull Moose, a maker of metal tubes mainly for the construction industry, is part of London-based Caparo Group. Chesterfield-based Bull Moose shares ownership of the Missouri Theatre building with the Lawrence Group, which is redoing the structure, at 634 North Grand Boulevard, as a hotel and Bull Moose’s new headquarters.
Lawrence Group’s name for the project at the Federal Mogul site is City Foundry Saint Louis at Cortex. The site on Forest Park Avenue is between Vandeventer and Spring avenues on the north side of Interstate 64 and east of the Cortex technology district.
Smith praised Swarj Paul, chairman of Bull Moose and founder of Caparo, for Bull Moose’s investment in City Foundry. Paul is an Indian-born entrepreneur who holds the aristocratic title Lord Paul of Marylebone.
Elements of
City Foundry’s first phase, scheduled to open in 2018, will include:
• About 48,000 square feet of restaurant and food hall space with approximately 20 “chef-driven” food stalls and as many as four full-service restaurants.
• Offices totaling 124,000 square feet of space and as many as 45 retailers in 133,000 square feet space.
• A 511-car parking garage and surface parking.
• Connections to the Great Rivers Greenway trail system.
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