Aug 22, 2013, 11:48am CDT
Architectural firm hired for Arcade Building redevelopment
Matthew Hibbard
Social Engagement Manager -St. Louis Business Journal
Dominium Development and Acquisition of Minneapolis hired Ebersoldt + Associates Architecture of St. Louis to provide architectural drawings for its $103 million redevelopment of the Arcade Building downtown.
Jeff Huggett, a partner with Dominium, said the architectural firm does have sketches made, but declined to release drawings to the public.
Currently, the 18-story, 538,000-square-foot building, located at Eighth and Olive streets downtown, is undergoing a $3 million environmental rehab by Environmental Operations Inc., which was hired by the city of St. Louis.
Dominium signed a purchase agreement in June to acquire the building for $9 million from the city of St. Louis’ Land Clearance for Redevelopment Authority.
At that time, Dominium said it planned to covert the building into 254 apartments, with two-thirds being affordable units and the rest being market-value units. There will also be 61,000 square feet of commercial space on the first three levels.
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