Saint Louis Business and Technology News
Saint Louis Business and Technology News
St. Louis Attractions Guide St. Louis Entertainment St. Louis Hotels Guide St. Louis Area Golf Guide St. Louis Job News and Opportunities St. Louis Metropolitan Map St. Louis News Today St. Louis Area Parks St. Louis Fine Restaurant Guide St. Louis Online Shopping Guide St. Louis Weather St. Louis Weather St. Louis Area Wineries
St. Louis News TodayFor all the news that is Saint Louis

St. Louis Front Page - Business and Technology News

Saint Louis News
Red DotSt. Louis News
Red DotCommunity Info
Red DotSt. Louis Job News
Red DotSt. Louis CitySide
Red DotBusiness News
Red DotConstruction News
Red DotSt. Charles News
Red DotSouthwest, IL News
Red DotArt Gallery News
Red DotHotel News
Red DotRestaurant News
Red DotEntertainment News
Red DotSpecial Events
Red DotNot Just For Kids
 
Downtown Saint Louis Map
Red DotDowntown Map
Red DotAmerica's Center
Red DotBusch Stadium
Red DotGateway Arch
Red DotLaclede's Landing
Red DotOld Courthouse
Red DotScottrade Center
Red DotUnion Station
Red DotWashington Avenue
 
St. Louis Metropolitan Map
Red DotMetropolitan Map
Red DotCasinos
Red DotCentral West End
Red DotClayton, MO
Red DotGrand Center
Red DotGrant's Farm
Red DotForest Park
Red DotKimmswick, MO
Red DotMO Botanical Garden
Red DotSoulard
Red DotSt. Charles, MO
Red DotUniversity City
Red DotWest Port Plaza
Red DotTransportation
Red DotLambert Airport
 

How To Reach:
St. Louis Front Page
3832 S Broadway Street
St. Louis, MO 63118
slfp.com

Office: 314-771-0200

To submit news, contact:
editor@slfp.com

To advertise, contact:
advertising@slfp.com

spacer

City Foundry Saint Louis at Cortex
The former Federal Mogul Foundry property in midtown St. Louis is set to become the City Foundry Saint Louis at Cortex.

Former Federal Mogul Foundry to Have New Life in Midtown St. Louis
ST. LOUIS, MO, (SLFP.com), September 25, 2016 - Environmental remediation work is underway at City Foundry Saint Louis at Cortex, the new name of the former Federal Mogul Foundry property in midtown St. Louis, just east of IKEA.

The proposed mixed-use redevelopment project is being designed and developed by Lawrence Group with significant reuse of the historic structures. The first phase of the overall $340 million project is programmed to 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
  • Amenities including public plaza spaces, bike share, electric recharge stations and dedicated ride sharing drop-off
Lawrence Group CEO Steve Smith has announced that Bull Moose Industries has become a major investment partner in the redevelopment. London-based Bull Moose Chairman, the Rt. Hon. Lord Swarj Paul, has continued to grow his investments in St. Louis, adding his partnership in City Foundry to his previous investments in the 634 North Grand building in Grand Center and the acquisition of XL Trailers earlier this year.

"This new investment by Lord Paul represents our continued confidence in St. Louis as well as our belief in the exciting vision laid out by Steve Smith for the City Foundry development," according to Bull Moose CEO Michael Blatz. Eagle Bank is providing the financing for the project.

The National Register of Historic Places nomination for the existing foundry complex was recently approved by the Missouri Advisory Council on Historic Preservation.

The first phase of the car-optional development is expected to create 870 permanent jobs in addition to construction jobs, as well as spur additional development on neighboring properties.

Great Rivers Greenway trails will traverse through the site providing a walkable connection between Saint Louis University, Cortex, and Metro stations as well as a pathway to Forest Park.

"The City Foundry Saint Louis redevelopment represents another example of the continued investment and expansion of the Cortex brand. This will be a tremendous amenity to the already vibrant innovation community that exists at Cortex," said Dennis Lower, CEO of Cortex Innovation Community.

The first phase of the project is scheduled to open in 2018, and future phases call for a 279-unit residential tower; 265,000 square feet of office; and 16,000 square feet of retail.

For leasing information, visit www.cityfoundrystl.com. The project team includes:

Lawrence Group - Design and Development
S.M. Wilson - Construction Management
Midwest Service Group - Remediation and Abatement Contractor
SCI Engineering - Environmental Consultant
Grimes Consulting - Civil Engineering
CBRE - Retail Leasing Brokerage
DCM Management - Office Leasing Brokerage
Eagle Bank and Advantage Capital Partners - Financing


Space Bar
Moore Design Group The Saint Louis Front Page is owned and maintained by the Moore Design Group for the sole purpose of disseminating news and information about the Metropolitan Saint Louis area. Text or graphics may not be copied, rewritten or distributed in any manner whatsoever without written permission. For more information, contact editor@slfp.com All rights reserved world wide © 1996 - 2016 Moore Design Group.
  spacer
Advertisements
Thin Red Line
St. Louis and Kansas City Vacation Savings at Drury Hotels
Vacation Savings at
Drury Hotels


St. Louis Front Page Restaurant Guide
Saint Louis Fine
Restaurant Guide


Archived Business News:
Thin Red Line
Red DotPlan to Transform Former Chrysler Site into Logistics Park Closer with County Approval for TIF Funding
Red DotBoeing Opens Collaborative Autonomous Systems Laboratory in Missouri
Red DotCertainTeed Corporation Unveils $100 Million State-of the-Art Production and Distribution Center
Red DotBunge North America Plans to Stay in St. Louis County
Red DotSquare Opens at the @4240 in the Cortex Innovation District
Red Dot$95 Million Westport Plaza Revitalization Planned for Westport Plaza
Red DotExpress Scripts Champions $1 per Pill Access to an Alternative for Daraprim
Red DotResearchers Use Gaming Technology to Create Better X-Rays
Red DotARCH Grants to Support St. Louis Startups
Red DotAB InBev, SABMiller Reach $104 Billion Deal
Red DotCentene Merger With Health Net Transaction on Track
Red DotIKEA St. Louis to Offer Swedish Food, Fun & Furnishings in City's Midtown Cortex District
Red DotMissouri Employers to See Workers' Compensation Rates Drop
Red DotProPharma Group Opens New Medical Information Contact Center