From emissourian: Washington’s largest shopping center is under new ownership. The Hoffmann Family of Companies has entered into an agreement to purchase the Phoenix Shopping Center in Washington and an additional 16 acres of undeveloped land from developer Joe Vernaci. Announced in a press release Friday, the purchase includes the buildings housing major retail box […]
From St. Louis Business Journal: A developer has sold the last warehouse in a real estate investment fund, after selling most of the fund’s warehouses last year. Real estate investment adviser Transwestern Investment Group (TIG) sold a 500,000-square-foot warehouse at 28 Gateway Commerce Center in Edwardsville, the last piece to sell from an investment portfolio originally […]
The IBEW/NECA Electrical Connection partnership hosted a special holiday celebration for families served by the justice system – one that also opens potential career opportunities. More than 100 families served by the United States District Court Eastern District of Missouri, Probation Division received holiday gifts as the Electrical Connection again supported the division’s holiday gift […]
Effective January 1, 2023, Jeff Limbaugh, Limbaugh Construction Co., Inc., Granite City, Illinois was elected as President of the Southern Illinois Builders Association. Other officers for 2023 are: First Vice President – Scott Plocher, Plocher Construction Company, Inc., Highland, Illinois; Second Vice President – Richard Boyer, Boyer Fire Protection, St. Louis, Missouri; and Secretary/Treasurer – […]
by Diana Wilhold, Deputy Executive Director/COO, Construction Forum All good outcomes start with relationships, aligned missions, and focused action. In November, I was asked by a former colleague at BJC HealthCare if the Forum would have any resources to help Patrick Henry Elementary school in the Saint Louis Public Schools to create equal access for […]
From KMOV4: Earlier this week, aldermen pushed forward a new, $135M build for the Central West End. It’s a luxury apartment that would go in the empty lot across from the Chase Park Plaza Hotel. However, despite residents and developers being tired of looking at that parking lot, one alderwoman is doing all she can to […]
From St. Louis Post-Dispatch: Greater St. Louis Inc. certainly didn’t have a sophomore slump. The civic organization, formed at the beginning of 2021 in a merger of four groups, pledged to bring order to the region’s often chaotic economic development efforts. Its first-year successes included landing a Lufthansa flight to Frankfurt and crafting a 10-year job […]
From Construction Dive: Dive Brief: Construction backlog in November reached its highest level since the second quarter of 2019, as contractors with under $30 million in revenue landed new jobs faster than expected, according to Associated Builders and Contractors. ABC’S Construction Backlog Indicator jumped in November to 9.2 months, a 0.4-month uptick from October and a […]
From Area Development: Confluence Food Group, a holding company that owns three St. Louis food service businesses, will expand its operations in St Louis, Missouri. The $6.3 million project is expected to create 17 jobs. The company relocated from its 24,000-square-foot location at North Broadway to its new 113,000-square-foot facility on Garfield Avenue. “Relocation to our […]
From St. Louis Business Journal: An $18 million senior housing development proposed in Bevo Mill will move forward after the developers were awarded subsidies by a state board, after five years of efforts to secure them. Crossroads Senior Living at Bevo Mill, a joint project from Tower Grove Community Development Corp. and Lutheran Senior Services, is […]
From Patch News: Subtext, a vertically integrated developer of multifamily and student housing nationwide, and Stevens Construction Corp., a national general contractor, hosted an official groundbreaking ceremony on November 30th for VERVE Madison, a twelve-story, 142-unit student housing community located at 506 W. Johnson Street in walking distance to the University of Wisconsin-Madison campus. VERVE Madison is […]
From The Journal: Just five years ago, the downtown St. Louis skyline was just the Gateway Arch and the buildings that surround it. Today, St. Louis Union Station, the terminal that once served as a Midwest hub for travelers in the early-to-mid 1900s has completely evolved, adding major attractions like a 65,000-square-foot aquarium and the ultimate […]
From St. Louis Business Journal: A multifamily developer new to St. Louis has purchased one of the region’s largest apartment complexes for more than $73 million. Tampa, Florida-based Blue Magma Residential on Oct. 27 bought the CityView apartments, at 110 N. 17th St. in Downtown West, for $73.5 million, according to city records. The complex has […]
From St. Louis Post-Dispatch: Madison County Transit plans a $34 million expansion of its system of bicycle trails, bridges and tunnels over the next five years or so. The agency, which already oversees 138 miles of trails, announced Friday it will add 20 miles, seven bridges and two tunnels as part of a new capital spending […]
“We have to be willing to think differently, act differently,” Chris Krehmeyer, President and CEO of Beyond Housing, told the audience on Dec. 6 at Construction Forum’s conclusion to its 18-month series, “Building Tomorrow’s Construction Workforce: Steps to Inclusive Employment”. The event was held at Laborers Local 110 event center. “If you drive through many […]
There was mixed news for the built environment market delivered Thursday by an expert panel. The panel spoke at the Strong work pipelines at the market forecast delivered by an expert panel Thursday. The panelists predicted strong workforce pipelines in most market buckets, but tempered that good news with predictions of continued glitches in supply […]
From Rethinking The Future: “Jack of all trades and master of none!” – they call us, the architects. But it is more like, being the jack of all trades is what makes us master the art of architectural design. This is because architecture is an amalgamation of various ‘pure’ disciplines in such a way that one becomes proficient […]
From St. Louis Business Journal: A $145 million, 30-story apartment tower proposed for one of the last open lots overlooking Forest Park in the Central West End could receive tax incentives under a plan being considered by a city board. St. Louis-based developer Koplar Properties is partnering with Chicago firm Albion Residential on Albion West End, which would […]
From St. Louis-MO: On Friday, December 9, 2022 the Missouri Housing Development Commission (MHDC) approved awards [mhdc.com] worth over $70 million to six affordable housing developments in the City of St. Louis. Projects include: Preservation Square Phase IV in Carr Square, the Independence Center in the Central West End, AmberStones in Old North, Crossroads in […]
From St. Louis Business Journal: Armory STL, the new $60 million indoor entertainment destination in Midtown, officially opens its doors this week, following years of development work to transform the former military and sports complex. The 250,000-square-foot indoor space at 3660 Market St., just off Interstate 64 near the City Foundry food hall development and Ikea, will […]
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