Posted Mar 12, 2024, 5:26 PM
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Join Date: Dec 2023
Posts: 53
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1) Large manufacturer eyes north St. Louis site owned by Green Street
https://www.bizjournals.com/stlouis/...treet-buy.html
Quote:
Developer Green Street is working on a deal for a manufacturer to buy one of its properties on the North Riverfront, the developer said at a public meeting Tuesday.
The St. Louis-based developer, led by founder and Principal Phil Hulse, currently owns about 40 acres of city riverfront property off Interstate 70. In the past, he’s developed bordering sites with a Love’s Travel Center and a facility for transportation provider CSTK, formerly known as Central States Thermo King.
A few of the properties are still for sale for potential future development, including a potential project at 5908 N. Broadway for a Broadway Ford trucking dealership that already has city of St. Louis tax incentives in place. One of the sites, a 19-acre property at 460 E. Carrie Ave. that has been marketed as feasible for build-to-suit industrial, is being eyed by an unnamed “sizable” manufacturer that could build a facility larger than 300,000 square feet, Hulse told the St. Louis Planned Industrial Expansion Authority Tuesday.
The manufacturer, identified only as an “international publicly traded company,” has signed a letter of intent to potentially buy the site, attracted in part by the railroad access directly to the site, Hulse said. If the deal goes through, about 400 jobs would move to St. Louis, Hulse said. It was unclear if the manufacturer has a current location in the region. He called the potential operation a “sophisticated” facility that would provide high-paying positions.
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2)
https://www.gatewaysouthstl.com/
Image Source: https://www.arcturis.com/#/chouteaus-landing/
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