Saturday, January 22, 2011

St. Louis' Ballpark Village Hits a Double

(Image from The Cordish Companies Website)

(Image from The Cordish Companies Website)

(Image from The Cordish Companies Website)

(Image from The Cordish Companies Website)

The long stalled St Louis Ballpark Village is apparently back on track after it was announced recently that financing and tenants are finally in place.  Planning for the development started in 1999 as a mixed-use development adjacent to the St. Louis Cardinals' Busch Stadium and on the site of the previous Busch Memorial Stadium location.  The project has hit many snags along the way including the loss of a major tenant in 2008 and then effects of the recession in 2009.

The project, originally a 10-acre development covering 6 city blocks lies in the heart of downtown St. Louis, near the historic arch.  The first phase of the project includes 225,000 square feet of office and 100,000 square feet of retail space, with an investment estimated at $155 million.  This first phase covers 2 of the original 6 city blocks.

The original plans touted nearly a $1 billion office and entertainment development that was to be an urban residential environment that included such destinations as boutique alley, restaurant row, live state of the art music venues, the International Bowling Hall of Fame and Museum as well as multiple residential towers that would overlook the ballpark. You can get a sense of what the original development included from this 2006 video announcing the details of he project:


And here is a second video that shows a virtual tour of the original proposed development from Arnold Imaging

Ball Park Village from Arnold Imaging on Vimeo.


It is unclear if the entire development will be realized but clearly there is a lot of excitement that at least phase 1 is coming to fruition. 

The project is being co-developed by the St. Louis Cardinals and The Cordish Companies of Baltimore, MD.

For related articles see:


   

No comments:

Post a Comment