By. Chris Stritzel
Along 4th Street between two train bridges lies one of the last historic strips of real estate in Downtown. While many buildings have been demolished, the ones remaining are mostly occupied with restaurants and businesses. These are three that are completely empty and sitting dormant. That number will soon become two as Midtown Locust Properties has applied for (and was issued) a $600,000 building permit to restore the building at 4th and Lombard, in address form, 900 South 4th. The proposal, whose details are limited, are to include some office space and residential with a retail space on the ground floor.
The plan, which will be a win Preservation wise, saves a building that was originally part of the Chouteau's Landing redevelopment. That project has fallen apart with the land being marketed again for redevelopment uses. The only truly successful part was the 4th Street section of Chouteau's Landing. Recently, Game 6, a Honky Tonk joint, opened up at 758 South 4th. The 4th Street South corridor could be home to more development in the future. Even though the 900 South 4th project is small, it could kick off more historic construction around it (744 and 754 South 4th) and spur new construction at some point.
Space is in demand and Downtown is growing ever so steadily. This project represents that smaller developers are now looking at downtown real estate which could be a big win for Downtown and the city as a whole.
This story is still developing, when an update is posted, we will share it. We have contacted Midtown Locust for more information about this and hope to hear back soon.