Commentary and Analysis on Businesses and Commercial Real Estate In and Around Downtown St. Louis.
Thursday, April 30, 2009
Not Another Garage!?!
In a recent Business Journal article on the current state of downtown, Mike Jones, former deputy mayor for development, says:
“St. Louis Centre was a mistake,” Jones said. “What you ought to do with a mistake is tear it down and do something else with the space.”
While Mr. Jones is correct in that St. Louis Centre was a mistake, I don’t necessarily agree that the best solution is to tear down the building. Typically, when something gets torn down in this city, nothing gets built to replace it. The skybridges over Washington and Locust should most definitely be removed, but there is no reason to believe that most of the structure could not be preserved and repurposed. It would work well either as apartments or as office space, with ground floor retail.
Pyramid, and its partner Spinnaker, had planned on transforming St. Louis Centre into a mix of residential and retail space to be known as The Concord. Pyramid’s design for The Concord was sleek and modern and would have fit in well with its surroundings.
After Pyramid’s demise, Spinnaker took ownership of the building and is apparently floating the idea of converting the former mall into a parking garage with ground floor retail – a bit confusing, considering how much parking can be found in the immediate vicinity, including the St. Louis Centre garage and the new garage planned for 7th and Locust. Do we really need another garage?