Nine-Story, $16M Mixed-Used Project Announced on Forsyth in Clayton

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St. Louis-based development firm KP Development announced today that it will develop a prominent site in downtown Clayton that it has owned for nearly 20 years. Planned is a nine-story, 60,000 sf, mixed-used modern building. The proposal is immediately adjacent to the planned $70M,24-story mixed-use project by Flaherty & Collins Properties announced earlier this month.

The new development, on the 8000 block of Forsyth Boulevard will include 51,000 sf of Class A office space, 7,500 sf of ground floor retail, and 160 tenant parking spaces. KP Development has owned the site for nearly 20 years. The project would replace three two-story buildings currently occupied by KP Development and ElmTree Funds. Both would take space in the new building.

While KP Development had hoped to develop the large adjacent city-owned lot, this proposed project is meant to complement plans by Flaherty & Collins. Forum Studio is the architect for Forsyth Pointe. Pending approval from the City of Clayton, KP Development hopes to commence construction this fall.

The Forsyth Pointe 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:
$70M, 24-Story, 264-Unit Mixed-Use Project at Forsyth and Brentwood
298-Apartment Mixed-Use Project at Clayton-Hanley Roads
Solire 72-Unit Micro Apartment Project

A look at the site plan for the adjacent tower shows how the two projects will fit together. The 24-story tower features an eight-level parking garage extending to the east. This will now be fully screened by Forsyth Pointe. Only a few apartments in the tower will closely face the newly proposed building.

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From a KP Development press release:

“We consider this project to be a unique, boutique office opportunity that will provide a highly visible presence on this corner of Forsyth and Brentwood, with amazing views into Shaw Park and the new Chapman Plaza,” noted Scott Haley, managing director for KP Development. “The incorporation of retail on the ground floor will also result in a more active, pedestrian-friendly experience along Forsyth.”

KP Development has been a long-time supporter of the City of Clayton’s Comprehensive Plan, which includes a focus on a unifying and coordinated development for this stretch of Forsyth, and the new development has been conceived with that in mind. The company’s proposed development would take shape adjacent to a planned new multi-family tower that is proposed to be developed on the City of Clayton’s public parking lot at the north east intersection of Forsyth and Brentwood. While Forsyth Pointe is a completely separate project, Haley notes it is intended to complement the proposed luxury apartment building and that it specifically aligns with the goals of the “Park View District” as described in the City’s comprehensive plan.

KP Development is a St. Louis-based real estate development firm providing full-service development services for office, industrial, and specialty projects, with a focus on meeting the needs of its clients. To learn more about KP Development, call Scott Haley (314) 261-7352 or visit www.kpdevelopment.com.

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Images added 02/22/2017

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  • Jakeb

    The modern design is refreshing and exciting.

  • Adam
  • Adam

    Nah, c’mon. This building looks fine, but there’s no fucking reason they need to tear down an entire block of really attractive low-rise buildings for it. Clayton still has plenty of parking lots to build on. I really really hope this gets denied.

  • moorlander

    I’m very excited to see more modern glass designs vs the conservative, faux brick veneer we’ve see way too much of recently.

    I like this design but wonder how Clayton will, going forward, protect some of the smaller 1 story buildings that give Clayton it’s charm.

    • Jakeb

      If I were to bet, I would bet that Clayton will not protect any of the smaller 1 story buildings. Highest and best use, etc.

  • Guest

    Not a fan of all the modern design in the proposed Clayton projects. Wish some of the new projects looked more like the Plaza: more brick, less glass.

  • Guest

    I like all the new projects in downtown Clayton. Looks great. Keep ’em coming.

  • Framer

    Well, the upper 40% of this building looks pretty cool, but the lower 60% needs some work.

  • Tim E

    Mini Me? not quite but first thing that came to mind
    ..
    I’m kinda wondering if Centene/Clayco will have a bigger hotel component to their development as a lot of Clayton CBD residential/office seems to be happening & the fact that Clayton passed on the Westin/hotel proposal

  • Presbyterian

    I hate to lose what’s left of the historic low-rise Clayton.

    I’m not against this project, but if it’s tearing down something sort of historic, then I hope they aren’t offered a single dime in taxpayer support.

    • Adam

      I’m against it. The buildings they want to tear down are beautiful and in great condition. I’m all for new construction, but there’s just no reason for this one.

    • John

      Agreed

  • Brandon

    Come to downtown with these cool projects! sigh :/

    • Tim E

      Right now hoping the BPV Phase II and Cupples X break ground this year to balance out the development. Otherwise, fear will see another round of lawyers and the likes wanting to leave downtown

      • American’t

        As a Downtown resident and business owner for the last 6 years I’m about to pack up and leave too. It’s not for the lack of available space… It’s the fact that you can’t walk 10 feet without being accosted. Yes, I’ve been to Chicago, NY, LA, etc… It’s one thing if there were 100 people on the street block by block but there aren’t. For every 5 people there are 4 homeless begging for money, cussing at you, following you for 2 blocks or screaming at the sky. Literally every corner of every block has someone begging for money or food.

        I get I’ll be blasted for this opinion but do I really have to add “solver of homelessness” to HR, accountant, boss, social media professional, thought leader and Founder/President to my title?

        • Adam

          The NLEC can’t go away fast enough.

        • PD

          I has become a problem. The ‘my daughters in the hospital and im out of gas’ has to stop.

        • stldoc

          I agree with Adam. NLEC is the dumping spot for the region’s homeless, mentally ill and drug addicted. NLEC does nothing to help these people put their lives back together but rather enables them and sends them around downtown to accost residents and tourists. I think when that place is finally shut down it will be a noticeable step forward for both downtown and for the unfortunate that really need help instead of an TV Evangelist using them for his own gain.

        • Nick

          I think the state of our downtown is the region’s biggest growth problem, and one we should all be concerned about. It is the “face” of St. Louis, and our reputation is based around it.

          This morning there was an article in the PD about how in the past year, Caterpillar, ADM, and Conagra are all moving their corporate headquarters to Chicago, primarily to attract young workers who want to live in a cool urban environment. Downtown is our best chance to have something like that here. If we don’t step up our game, the lack of growth downtown will have a serious negative impact on the region for decades to come.

        • Jakeb

          This is what happens when a state refuses to provide services for the homeless and mentally ill. I see no reason to believe the legislature has any interest in changing their position on such services or any reason to believe the new Governor intends to push them.

          • Adam

            If St. Louis County would carry its own weight on the homelessness issue I think we could make significant strides despite having no state support. Right now St. Louis City, with 10% of the metro’s population, is responsible for serving probably 90% of its homeless.

  • Alex P

    I realize that such things rarely happen in the real estate and development world but I feel like the two projects should share parking and have a much more efficient parking garage. While contemporary design is greatly needed in the region, a few offices slapped on top of a garage mahal shows the sad state of our culture.