Feature photo: Nestled between two unique neighborhoods, The Bridge apartments aim to foster connections across the Delmar Divide. Rendering Credit: Trivers
Kingsway Development's $13 million project set for October kick-off
Construction will begin next month on Kingsway Development’s mixed-use project, which includes 58,000 SF of new, high-energy retail, restaurant and office space, facilitated by the restoration and modernization of two classic St Louis buildings.
Approximately $13 million will be invested in a variety of office and retail within the two brick buildings in the Fountain Park neighborhood.
The location, adjacent to the historic Central West End, will also feature a brand-new, 10,000 SF performance venue with a courtyard that will play host to the outdoor functions of the new retail businesses and some special events.
Tenants for 4731 Delmar Blvd., the former Union-Sarah Economic Development Corp. Building, include Elevation (coworking space); Kingsway Development; Conversions Global Marketing; VIP Construction; TurnGroup Technologies; Hawktime LLC; Tammie Holland Public Relations; Wand USA, Inc; Park Central Development; Dream Builders 4 Equity; BRAND Foundation; UPS Store; The Original Hot Dog Factory; and pending tenant, Jamba Juice.
Tenants planned for next door at 4709 Delmar -a former 1920s candy factory- include a business training center, vegan restaurant and radio station, according to the developer.
“Buildings in this area have great bones, they have amazing detailing. It’s wonderful to see people bringing these buildings back to life. It keeps the history of the neighborhood alive," said Carl Karlen, AIA, CDT, LEED AP, design principal with Facet Architectural Design.
Other contractors on the project include Ameresco, Ballast CRE, Kwame Construction, Simms Building Group and ABNA Engineering.
Private-equity financing partners on the development include PACE financing, New Markets Tax Credits, Team: Carl Karlen of Facet Architectural Design, Chris Mazurek of Ameresco, Trivers, Ballast CRE, Kwame Construction, Simms Building Group and ABNA Engineering.
Just across the street the area continues to develop, with a $30 million, 150- apartment complex. The apartments are in the early stages of design by Trivers (architects), who is also designing the $7 million infrastructure improvements for the area.