The long-vacant Pelican Building on South Grand just north of Tower Grove Park may have a new life. The adjacent vacant YMCA appears to not be so lucky. Plans by property owner MBR Shenandoah LLC call for a new 116-unit apartment building to replace the YMCA. The Pelican Building would undergo an historic renovation utilizing historic tax credits.
The site was purchased for $1.8M and the redevelopment plan could total more than $18M. What’s known about the project is included in the city’s Land Clearance for Redevelopment Authority (LCRA) meeting materials for this month. The developer is requesting the site be blighted and a 10-year tax abatement be granted. Sixth ward Alderwoman Christine Ingrassia supports the project and abatement.
MBR Management Corporation is the owner of 72 Dominos Pizza franchises in the Missouri area. It’s long been rumored at the the South Grand Dominoes would relocated to this development, though that has not been confirmed. Josh Udelhofen, previously of Koman Group and now with Altus Properties, is listed as co-developer on LCRA documents.
*if you want to see the interior of the YMCA building before it’s gone, click here
Last April we posted the development plan for retail and office space at this location: Proposal Would Replace Vacant YMCA with Office & Retail, Rehab Pelican Building
Mixed-use development may be coming to the long vacant YMCA and Pelican Building site on South Grand Boulevard. Several blocks north of the historic, and busy South Grand business district. The property is now under contract by First & Main Properties, led by Richard Robinson. Planned is a total of 35,276K sf, including a full rehabilitation of the corner Pelican Building, and construction of two-story retail and office building on the YMCA site designed by TR,i Architects.
This stretch just north of Tower Grove Park had struggled with vacancy as neighbors have debated the type of development desired. Quik Trip’s proposal for a gas station in the site, was met met with loud opposition from neighbors. Another proposal to for an animal therapy business didn’t get off the ground. Two blocks south, a standalone Starbucks on a vacant auto repair site moved forward only after significant feedback and review. There are new condos here, but also drive-through fast food.