ST. LOUIS (KMOX) – Add this to the long list of developments taking shape in St. Louis’ Cortex corridor. Work has begun on transforming the old, run-down Federal Mogul site into ‘City Foundry.’
It’s at the corner of Forest Park Avenue and Vandeventer.
City Foundry will have a wide-open food hall space, with food stalls for restaurant entrepreneurs. Also, creative office space, retail and a residential tower. New renderings of the design, released this week, are generating a lot of excitement on social media.
Lawrence Group CEO Steve Smith says part of the inspiration came from similar projects in Philadelphia and Atlanta, which he recently experienced in person.
“We visited two of their food halls, Ponce City Market and Krog Street Market, which are just tremendous successes, and they’re connected by what’s called the Atlanta Beltline, which is a walking trail a lot like our Great Rivers Greenway,” he tells KMOX News.
The first phase of the overall $340 million project will include:
· 48,000 square feet of restaurant and food hall space with approximately 20 chef-driven quick serve food stalls and up to four full service restaurants
· 124,000 square feet of creative office space in the City Foundry building complex
· 133,000 square feet of retail space with up to 45 retailers
· New 511-car parking garage plus ample surface spaces
· Connection to the Great Rivers Greenway Trail System
· Amenities including public plaza spaces, bike share, electric recharge stations and dedicated ride sharing drop-off
Residential is planned as part of later phases.
Smith also announced Bull Moose Industries is investing in the project.
Bull Moose is already moving its U.S. headquarters from Chesterfield to another Lawrence Group development, the 634 North Grand building in Grand Center.
Smith says chairman the Rt. Hon. Lord Swarj Paul is excited about St. Louis’ prospects.
“So here’s someone who’s based in London, who travels the world, who sees the potential of what we’re doing in St. Louis and is investing money because of that belief of what he’s seeing here,” Smith says.
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