Blustein Building Headed for the National Register

At Monday's Preservation Board meeting, the board recommended the St. Louis News Company Building at 1008-1010 Locust for nomination to the National Register of Historic Places.  The building is best known for its most recent incarnation, the Blustein Bride's House.

This building is owned by Sam Berger's Alverne Associates, which also owns the vacant Alverne Hotel next door.  The Alverne is listed on the National Register as well.

Could redevelopment of this building be just around the corner?  I'm not terribly optimistic about it, considering that the Alverne has been on the National Register since 2002, with no progress made.