From ENR:Â The U.S. Environmental Protection Agency announced $20 billion in grant awards April 4 to eight nonprofit groups to finance climate and clean energy projects. Rather than directly funding projects, officials say the grants create a new network of financing for tens of thousands of future projects that would reduce carbon emissions, with a […]
From KMOV: City leaders responded to a Wall Street Journal article calling St. Louis a real estate nightmare and a warning for other cities. In downtown St. Louis it’s easy to spot the empty, graffiti covered and falling apart buildings. The AT&T Tower, Railway Exchange and Millennium Hotel are glaring reminders of what the city […]
From St. Louis Post-Dispatch: Downtown’s long vacant Millennium Hotel, a recent target of eminent domain, appears to be for sale. The property, two blocks from Busch Stadium, appeared Thursday on the commercial real estate website LoopNet. But neither a sales price nor a real estate broker was included in the listing, making it unclear how […]
From The Real Deal: There’s nowhere for the Downtown St. Louis commercial real estate environment to go but up, because it would be hard to sink much lower. The neighborhood is struggling to escape the doom loop it finds itself trapped in, the Wall Street Journal reported. Sidewalks are deserted, offices and storefronts are vacant […]
From ENR: Sustainability advocates are censuring the International Code Council after the ICC’s board of directors removed mandatory provisions relating to building decarbonization readiness from its draft 2024 International Energy Conservation Code, and placed them in the optional appendix. The board action on March 18, motivated by appeals and taken against the recommendations of ICC’s […]
From St. Louis Business Journal: Rawlings Sporting Goods on Friday opened The Rawlings Experience, an immersive retail concept that marks a significant step in the completion of the sporting good brand’s move to its new headquarters, as well as in Lodging Hospitality Management’s ongoing effort to breathe renewed life into Westport Plaza. Rawlings’s Chief Marketing […]
From West Newsmagazine:Â It’s official. Dillard’s will be a part of the Chesterfield Mall redevelopment project. The Staenberg Group (TSG) had planned the project around Dillard’s, which had been closed since 2016 due to a flooding issue. However, Dillard’s claimed it intended to reopen the store all along. In 2022 Dillard’s sued the city regarding […]
From ENR: Construction employment jumped in March as the industry added a robust 39,000 jobs during the month, the Bureau of Labor Statistics reports. The figure marked construction’s 12th consecutive monthly increase. Associated General Contractors of America (AGC) officials said difficulties filling positions are making it more more challenging for contractors to take on new […]
From St. Louis Business Journal:Â A Colorado businessman says he invested in St. Louis developer Green Street’s Union at the Grove apartment project, but hasn’t been paid what he’s owed. Colorado Springs resident Kevin O’Neil said in a lawsuit filed March 25 in St. Louis County Circuit Court that he contributed $2.5 million in exchange […]
St. Louis Development Corporation (SLDC) has announced two new loan programs to be made available to St. Louis small businesses and non-profits. The first is called MobilizeSTL, which is intended to serve contractors and suppliers to help them navigate the challenges of the larger scale projects in the St. Louis area. The SLDC has invested […]
McClure Engineering, a St. Louis-based mechanical and electrical consulting engineering firm, was recently recognized with Ameren Missouri’s Trade Ally of the Year Award. Driven by McClure Engineering’s efforts in saving its clients more than $1.7M in 2023 through energy incentives, the award represents the firm’s commitment to maximizing energy savings through its dedication to energy-efficient […]
St. Louis Lambert International Airport (STL) is on the brink of transforming its passenger terminal facilities to meet customer needs and future demand. To achieve that goal, STL has developed the Consolidated Terminal Program (CTP). On Thursday, May 9, 2024, St. Louis Lambert International Airport is inviting you to learn more about the Consolidated Terminal […]
From ENR:Â ENR Midwest has selected Terracon Company as its Design Firm of the Year for 2024. Design Firms of the Year are chosen by a vote of the regional ENR editors from across the country based on a carefully selected group of finalists. Factors include regional revenues, new initiatives, current projects, community and industry […]
From Spectrum News:Â St. Louis County is soliciting bids to build a state-of-the-art public safety facility in Maryland Heights. The 49,309-square-foot building will house St. Louis County Precinct Number Two, a Police Intelligence Center and a Property Control Center, according to a press release. The state and county are receiving $46 in federal relief money […]
From St. Louis Post-Dispatch:Â BJC Health has purchased the former headquarters of Panera Bread in south St. Louis County. The health care system bought the 116,300-square-foot building, at Watson and South Geyer roads in Sunset Hills, earlier this year for $9.9 million, according to a report from commercial real estate firm JLL. It’s not clear […]
From St. Louis Post-Dispatch: A measure that could force St. Louis taxpayers to pay off developer Paul McKee’s lender should the city acquire his property through eminent domain was roundly criticized at a state Senate committee hearing Tuesday. A tailor-made government bailout for one bank is how Peter Hoffman, managing attorney at Legal Services of […]
From ENR: When we need to reach a little higher, we strap extensions—stilts—on workers’ legs. When fearing a fall, we tie workers to buildings with a length of rope, and then we hope. We still use ladders developed 10,000 years ago to get from here to there and when materials are needed high up in […]
From Yahoo Finance: If you want to buy a house but the existing options on the market aren’t the right fit, you may want to take out a construction loan so you can build the type of home you want. A construction loan is a great way to build a new home according to your […]
From The Wall Street Journal:Â Railway Exchange Building was the heart of downtown St. Louis for a century. Every day, locals crowded into the sprawling, ornate 21-story office building to go to work, shop at the department store that filled its lower floors or dine on the famous French onion soup at its restaurant. Today, […]
From St. Louis Post-Dispatch: The owner of the Chemical Building is listing the vacant property for sale two years after acquiring it. But the president of the New Orleans-based company that owns the building said he’s still bullish on St. Louis. The 127-year-old property with bay windows and undulant red brick at North Eighth and […]
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