Link: Sky House
22-story condo planned for Washington Ave.
St. Louis Business Journal - February 23, 2007
by Lisa R. Brown
Metropolitan Development Enterprises is planning to build a $67 million, 22-story condo tower in the heart of the Washington Avenue loft district. The tower is the largest new-construction residential building proposed for downtown.
Chicago-based Metropolitan was expected to present plans to build the mixed-use building at 1400 Washington, on the site of Erlich's Dry Cleaners, at a Tax Increment Finance Commission meeting Feb. 22. Metropolitan has requested $12 million of TIF for the project.
Ivie Clay, St. Louis Development Corp.'s director of communications and marketing, said a public hearing on the project will be held April 11.