From St. Louis Post-Dispatch: A developer is eyeing land on the northern edge of St. Louis’ Cortex tech district for a new apartment complex. A company called DMG filed preliminary plans with the Building Division for a $25 million apartment development at 3901 Forest Park Avenue, a roughly 2-acre park that’s near Ikea and City […]
From Construction Dive: Even as delays on some megaprojects have caused jitters across construction, actual abandonments of jobs decreased 23.7% in July, according to Cincinnati-based ConstructConnect’s latest Project Stress Index, a measure of construction projects that have been paused, abandoned or have a delayed bid date. Delayed bid activity ticked down 6.8%, while work put […]
From Construction Next: Even the best workers make mistakes, so construction business owners and managers need to understand that At the 2024 International Roofing Expo, Cheryl Ambrose, vice president for enterprise risk management for the National Roofing Contractors Association, shared with attendees five standard principles of “human performance” that she said companies can apply to […]
From St. Louis Business Journal: NAI DESCO, one of the St. Louis region’s largest commercial real estate companies, has added a new executive post. The company hired Theresa Bayer, formerly senior vice president of corporate development for Intelica CRE, to fill the newly created role of chief strategy and corporate development officer. Her appointment, effective […]
From West Newsmagazine: The historic Lake School House in Creve Coeur was built in 1897. Back then, it was located on the south side of Olive Boulevard, just west of Hog Hollow Road, which is present-day Chesterfield. The school got its name due to its close proximity to Creve Coeur Park, which has long since […]
From St. Louis Post-Dispatch: Two downtown buildings slated for multimillion-dollar renovations moved forward Tuesday after a city development board approved the projects. The board for the Land Clearance for Redevelopment Authority approved a $169 million proposed redevelopment of the Mansion House Apartments at 300 North Fourth Street and a roughly $15 million deal to convert […]
From NPR: A roughly $2 billion redevelopment of the old Chesterfield Mall is moving forward now that the old mall officially closed its doors over the weekend. The development by The Staenberg Group dubbed “Downtown Chesterfield” looks to bring around 2,700 new residential units and millions more square feet for office, retail, grocery, restaurant or […]
From Riverbender: A glimpse of the future now stands at the Jerseyville Public Library, where a major expansion project is well underway following a groundbreaking ceremony earlier this summer. “It’s very exciting,” Library Director Judy Pruitt said of the structure being built. “The community has been waiting for this for a long time.” Pruitt added […]
From St. Louis Post Dispatch: Power company Ameren says businesses considering a move to Missouri are seeking a skyrocketing amount of energy capacity compared with even five years ago. The massive asks are prompting the company, along with other utilities and some regulators, to say Missouri needs to make it easier and speedier to get […]
From Builder Online: As we look to the future, the real estate development and construction industries have a unique opportunity to lead the way in creating resilient communities. Climate concerns highlight a growing need to safeguard our buildings and infrastructure, ensuring they remain flexible, durable, and adaptable in the face of changing environmental conditions. Forward-thinking […]
From MRN: The Cottleville Trails development has seen various changes since the first phase plans were introduced in 2019. Lombardo Homes, Consort Homes, Fischer & Frichtel Homes and McKelvey Homes partnered to develop land in Cottleville, located south of Hwy. N and east of Hwy. K. The original first-phase plans were amended in 2020 and […]
From MRN: The Cottleville Trails development has seen various changes since the first phase plans were introduced in 2019. Lombardo Homes, Consort Homes, Fischer & Frichtel Homes and McKelvey Homes partnered to develop land in Cottleville, located south of Hwy. N and east of Hwy. K. The original first-phase plans were amended in 2020 and […]
From St. Louis Post-Dispatch: McCormack Baron Salazar is finally starting the latest phase of a $111 million revamp of the 500-plus unit Preservation Square housing complex. Among the hurdles the developer cleared to tee up the rehab of 91 units of mixed income housing near the intersection of 14th Street and Cass Avenue: a settlement […]
From NPR: Laclede’s Landing has cycled through many identities throughout the history of St. Louis. Now, some people involved with its redevelopment in recent years hope the landing’s next one will be as a residential neighborhood. The small district tucked directly north of the Gateway Arch National Park has quietly undergone a massive redevelopment with […]
From Area Development: The Biden administration has set forth ambitious goals for electric vehicle (EV) adoption and infrastructure buildout, targeting 50% of new passenger vehicle and light-truck sales to be EVs by 2030, supported by a network of 500,000 EV charging stations. Achieving these goals is important for reducing the U.S.’s carbon footprint, establishing the […]
From Leader Publications: The Jefferson County Planning and Zoning Commission has given its OK to a request to rezone 20 acres of vacant land along West Four Ridge Road south of Rock Creek Road in House Springs, which, if approved, would be the first step for developers to build a subdivision there. On Aug. 22, […]
From St. Louis Business Journal: Midtown developer Jassen Johnson is wrapping a $7 million project that adds 45 apartments and several restaurants to the neighborhood. Construction on the project, called Oakland, is in its final stages, with residents expected to begin moving into the apartments in October. The development has involved renovating the 42,000-square-foot building […]
From Construction Dive: In fiscal year 2023, the Labor Department’s Wage and Hour Division secured over $35.5 million in back wages for nearly 18,000 construction employees — more funds than from any other U.S. industry. Wage theft can come in many forms, such as not paying overtime, not paying union or pension dues or misclassifying […]
From West Newsmagazine: In early spring of 2024, the Missouri Department of Transportation (MoDOT) began construction on a roundabout at Route CC (Wild Horse Creek Road) and Hwy. 109. Construction has hit a lull at the moment. Ryan Pearcy, the area engineer for MoDOT West County, said most of the prep work for the first […]
From Construction Next: Having adequate cash flow is always a concern for construction contractors. Pay lags and delays can cripple a construction firm financially and, in the most extreme cases, force them to close their doors. Cash flow impacts every facet of a construction business. From hiring to marketing, investing in machinery and ultimately, the […]
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