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St. Louis leaders battling to hold downtown Railway Exchange Building owner accountable for public safety concerns

1 year 5 months ago
St. Louis Building Commissioner Frank Oswald peered in through a hole in a board at the Railway Exchange Building that his department was supposed to repair Wednesday and was instantly brought back in time. “This door led into the men’s department,” he said, recalling the high school and college days he spent working at the Famous Barr that was once inside the massive historic structure in the middle of downtown St. Louis. It takes up an entire city block. And now, Oswald says it also takes…
Christine Byers and Jacob Kuerth, KSDK

Mississippi River water levels near record lows. Here's why.

1 year 5 months ago
A walkway reemerging from the depths of the Mississippi River signals the opportunity to see a great tourist destination for some, but it sets off alarm bells for water experts. Tower Rock is accessible by foot once again, after last year's low water levels revealed a rock walkway for the first time in years. That walkway has reemerged again this year, a whole month earlier than last year. The river usually sees its lowest point between November and January each year, so levels hitting critically…
Hunter Bassler

Summit Real Estate Group: Creating value through ground-up industrial development

1 year 5 months ago
In a recent transaction, Clayton-based Summit Real Estate Group (Summit), one of St. Louis’ largest real estate development firms, closed on an existing warehouse and adjacent 23.2-acre industrial land site north of Miami for $59.7 million. A multi-tenant warehouse will be built on the land site, creating a $106 million two-building project that is scheduled for completion in quarter four of 2024. Acquired on behalf of Summit’s Arrowrock US Industrial Fund IV LP, in partnership with TPG’s…
Laura Newpoff