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Old Posted Sep 26, 2023, 6:22 AM
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Chris Stritzel Chris Stritzel is offline
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Location: St. Louis
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CLAYTON | The Shaw | 226FT | 21 FLOORS

Quote:
Clayton's boom continues with a proposal from Kansas City-based Revive Capital Development.

Planned is a new, 21-story apartment tower at 111 South Meramec with 258 apartments (252 will be market-rate and the other 6 will be affordable), 25 underground parking spaces, 2500sf of retail space, and a sky art wall that "will be admired from afar and strengthen Clayton's commitment to public art". The current 7-Up building at 121 South Meramec will be cut down from 11 to 5-stories and the 4 below-grade parking levels be retained, but only 2 will be used for parking purposes. The reasoning behind the 7-Up building's haircut? Reduce the weight burden on the structure of the 60+ year old building. The 7-Up building, or the 121 South Meramec component, will have 40 apartments, 133 below-grade parking spaces, and amenity space. All-in, 298 new apartments will be built here.

Another 200 parking spaces will come from the neighboring parking garage on Bonhomme. The existing plaza space on Meramec Avenue will be reimagined as a result of the project.

Chris Cedergreen, who worked on the Koman Group proposal a few years back, and the Lamar Johnson Collaborative, are the architects on this project. Paric Construction is set to be the general contractor. 2B Residential is set to be the property manager.

Development costs for "The Shaw" are estimated at $108 Million.
https://www.cityscene-stl.com/post/p...yton-s-skyline










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