NEXT STL Kickstarter ad

$70M, 24-Story, 264-Unit Mixed-Use Project Proposed for Downtown Clayton

Tweet about this on TwitterShare on Facebook204Share on Reddit0Share on LinkedIn41Print this pageEmail this to someone

The City of Clayton appears ready to move forward with the development of one of its parking lots. Flaherty & Collins Properties has been chosen as the preferred developer after an extended process to consider the future of the property at 8049 Forsyth Boulevard (Google Map).

Proposed is a 24-story tower at the northeast corner of Brentwood and Forsyth Boulevards across from the city’s Shaw Park. The project is estimated at $70M and would include 264 luxury market rate one and two bedroom apartments and 373 structured parking spaces. Approximately 8K sf of “tenant retail space and associated service spaces” would occupy the building’s street level. In all, the building would total 475K sf. Some parking would be available to the public, though it is unclear the number of spaces.

The project would add significant residential density to downtown Clayton, a stated goal of the city’s master plan. The developer is asking the city to allow a five-foot setback along both Brentwood and Forsyth instead of the required 15ft in order to accommodate added space in the alley, and the planned parking deck. It’s unclear exactly how the change would impact the sidewalk and public right-of-way at the building.

The only other known proposal to the city for the site was by Apogee Associates (image below). That plan called for a 230-room Westin hotel, 62 residential units, 200K sf of office, and “high-end luxury brand shopping”. Apogee’s proposal for a 14-story, $68M office building a half-block west of Brentwood on Forsyth has stalled over disputed parking requirements.

 

 

The 8049 Forsyth project would add to Clayton’s already booming development, including:

Under construction:
$72M, 250-unit, Twenty-Four Story 212 S. Meramec
Opus $41M, 120-Unit Mixed-Use Project on Clayton’s North Central Avenue
$55M, 229-Unit Vanguard (now The Barton)

Beginning construction:
Centene’s expansive $770M corporate campus

Proposed:
298-Apartment Mixed-Use Project at Clayton-Hanley Roads
Solire 72-Unit Micro Apartment Project

 

More images of 8049 Forsyth Boulevard proposal:

Tweet about this on TwitterShare on Facebook204Share on Reddit0Share on LinkedIn41Print this pageEmail this to someone
NEXT STL Kickstarter ad
  • Pingback: Nine-Story, $16M Mixed-Used Project Announced on Forsyth in Clayton - ConstructForSTL()

  • tbatts666

    It looks pretty alright. The tall bit follows traditional aesthetics while also using modern materials.

    And the parking structure doesn’t look like absolute shit, but won’t be winning any awards. I wonder who is going to pay for the parking castle? Why not build something which will build the tax base more?

  • Pingback: Development Transportation Policy/Politics Media/Opinion Podcast Forum Support nextSTL $70M, 24-Story, 264-Unit Mixed-Use Project Proposed for Downtown Clayton - ConstructForSTL()

  • Tim E

    Anyone else get the feeling that the possibility of high rise residential construction other then Clayton CBD is fading fast with this proposal and Centene/Clayco greenlight to go full steam ahead & wondering when Montgomery Bank will float their proposal again and or if the folks behind 212 will propose their next pase.

    I’m starting to wonder if West Pine proposal in CWE will not happen and if BPV phase II will actually break ground.

    • citylover

      I think each area markets to different people. This is just how I feel. Downtown Clayton feels like an affluent utopia in the Sims games that appeals to empty nesters. CWE feels like trending Urban Living and millennial hot zone. Downtown feels like historical beauty that is experiencing a revival at every corner.

      Adding mixed uses and Residential to each neighborhood makes them stronger. I don’t think Clayton is going to “win” by any means.

      • Guest

        I’m only vaguely familiar with the Sims games. From the little I know it seems to be make-believe on a computer. That could be good, and it could be just a silly waste of time. (Lol…Do the Sims games include ghettos?)
        Within my lifetime (68 years) Clayton always was an “affluent utopia”. I can only wonder if this idea of bringing and mixing in corporate towers in will destroy that. No other city I know of has been foolish enough to ignore it’s CBD and move to a suburb (well, maybe…Detroit?). I’m beyond shocked that the residents of Clayton that own those wonderfully fine homes have allowed this to happen, inviting the possibility of destroying the value and prestige of these fine homes. I know if I lived in one I’d have fought any large office building from day one…I wouldn’t want my fine home threatened.
        Clayton was like Buckhead is to Atlanta, if you’re familiar with it. It makes more sense to me that’s the roll it should have stuck to and built upon.
        That being said, the architectural aesthetics of any large building, including residential, built in Clayton in the last thirty years is bland at best. The examples given here are no exception. I find this very strange for such an affluent area and that kinda makes me wonder what is really at work here. I worry about the fabulous old Famous Barr store, and if some new development will cause the foolishness of destroying this wonderful architectural gem. They’ve already destroyed one fine art deco apartment building recently and a plan that was offered that’s about the same size is shamefully architecturally inferior to that wonderful structure that was destroyed. Very sad and unacceptable to those of us who appreciate good architecture and understand it’s role in a truly desirable urban lifestyle.
        Like (I guess?) the Sims games, there’s a logical place for everything and everyone. Knowing how that logic works seems to have been distorted or lost in the St. Louis area, IMO.

        I wonder…does anyone else reading this have similar concerns?

        • TimJim

          As a longtime Clayton resident, I agree with your assessment of the “bland” (or worse) architecture past and present in the CBD. But your fears about declining property values don’t appear to be realistic, as corporate towers have been popping up for a number of years and home values are continuing to rise. In fact, buying a single-family home in Clayton is now nearly impossible for people of modest means. And that’s not a good thing, in my opinion.

        • Framer

          As the office towers keep rising, so to do the residential property values. In fact, there’s a single-family home currently listed in Old Town for $4.5 million, another for $2.85 million, and another for $2.75 million. These homes are just steps away from the Clayton high-rise district.

      • Tim E

        Good points citylover, downtown is also unique in the fact that you still got large amount of built space in Jeff Arms, Railway Exchange as well as Chemical. All three with owners who appear to want to go forward. A lot of units will still be built, can be built somewhat cheaply and need to for residential momentum to continue. Then throw in the fact that a huge amount of office space comes online with ATT One center lease expiring. So pluses and minuses
        ..
        However, thinking BPV phase II is best bet for downtown to see both new Class A office space as well as its own new residential tower. I think downtown needs that vitality and offerings to happen. Otherwise, Centene/Clayco will put in a huge amount of space and look for subleases which work conveniently for downtown lawyers all trying to find a way to get out of downtown to the affluent utopia

  • Adam

    Awesome, but a 5-foot setback is not sufficient.

    • Alex P

      Setback at ground level or at the podium-tower transition?
      Because 5′ side walk is completely unacceptable.

      • Adam

        I took it to mean from the curb (i.e. sidewalk width) but I could be wrong. Indeed, a 5-ft sidewalk width is completely unacceptable.

        • Alex P

          Then it might just be a 5′ tower setback from the podium. Which, is nothing to get too upset about but obviously that Zoning Rule is in place for a reason.
          I actually really like the podium and tower look (made famous by Vancouver), I wish STL had more of it.

    • Adam

      I believe setback is typically measured from the right-of-way/property line. Often, this is behind the sidewalk – or at least some portion of the sidewalk.
      I’m not sure what the City of Clayton requires for building setback or if the sidewalk in that area is in fact within right-of-way.

      • Adam

        Thanks for the info, other Adam. 🙂