The next phase of the Steelcote development in the Midtown neighborhood by Pier Property Group goes before the Plan Commission August 18th for rezoning. The site covers four parcels totaling about 3.62 acres- one owned by Pier and the rest by Saint Louis University. One lot is occupied by Ace Rental Sale who are expected to vacate in September. The others are vacant. The architect is Arcturis.
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According to the Planning Commission document, the proposal is for a mixed-use retail residential building of five stories above two levels of parking with 196 market-rate apartments, 249 structured parking spaces (a ratio of 1.27:1), 65,000 square feet of retail, and 141 surface parking spaces serving it. Let the speculation begin as to what retailer(s) might go there.
The site is near the Grand Metrolink station, on the 70 Grand bus line, the system’s most frequent, and within walking distance of numerous jobs at the SSM hospital and SLU facilities.
Papin would be extended west to Grand! #Healthegrid The retail would be accessed from Papin. Thanks to the descending grade to Gratiot the parking under the building is accessed there. The blank wall facing Grand at sidewalk level needs to be rectified.
There were no specifics on amenities, but the images show a pool and rooftop patio facing north. It appears every aprtment has a balconey. Given the trends of buildings this size, a gym, business center, dog wash, etc that we’ve seen in other developments of late are likely.
The site is located within the St. Louis Midtown Redeployment Corporation area. It is a chapter 353 redevelopment corporation which means it can grant a tax abatement.
The effort to create a neighborhood here by Pier is pretty amazing. In addition to Pier’s developments, a Topgolf is being planned to the east between Ranken Ave and Compton. Also a Community Walgreens is going in at 3527 Chouteau. Here’s hoping that some of the vacant lots and auto-oriented land uses at all four corners of Chouteau and Grand are soon to have developments.
Update Oct, 9, 2021 – A rendering in the SLDC bid package shows a Target and CVS Pharmacy sign on the building.