On a beautiful June evening, CREW-St. Louis gathered at The Vue, one of three unique event spaces at 612 North, to discuss the revitalization of Laclede’s Landing and tour the many projects bringing this dream to life. Kim Brown of Sugar Creek Capital served as moderator of our panel of guests who were eager to relay why they wholeheartedly believe in this historic St. Louis district.
Tom Milford, Director of Real Estate with Drury Development, kicked off the night by highlighting Drury Development’s $2.4 million renovation of the Witte Hardware Building. Drury aims to attract new tenants to The Landing, while preserving the building’s original architectural appeal. This project serves as the perfect complement to Munsok So’s event space, known as 612 North, which includes his latest restaurant, Kimchi Guys, on the 1st floor. So is President of So Hospitality Group and the visionary behind Drunken Fish.
In connection with the ‘live-work-play’ theme of Laclede’s Landing, Brian Minges of Advantes Development highlighted his redevelopment of Bi-State Development’s former headquarters located at 701 N. 1st St., now known as Peper Lofts. In addition to the 135 apartment units, this mixed-use project boasts 1st and 2nd floor office space leased by Abstrakt Marketing Group as well as 1st floor retail space. Advantes is in the process of adding their rooftop deck complete with grills, outdoor seating, green space for pets, and phenomenal views of the Mississippi River, Arch grounds, and downtown St. Louis cityscape. Nonetheless, Minges isn’t done yet; he is considering purchasing two more buildings on the Landing to add more residential, office and retail space.
Vince Chamov, a real estate entrepreneur and owner of Lumber Jack Saloon at 720 N. 1st St., operates under a philosophy where he “invests in urban areas with an opportunity to appreciate rapidly.” He was drawn to the safety of the area, with limited entrances/exits and only a handful of streets. Last month, Chamov debuted his ‘Meet Me in St. Louis’ themed five bedroom/two bath Airbnb apartment, located above the Lumber Jack Saloon axe throwing venue. The tremendous response confirmed what he already knew – locals and tourists, alike, are excited about the growth in Laclede’s Landing.
The President of Laclede’s Landing’s Community Improvement District and 35-year St. Louis restauranteur, John Clark, put it best when he rounded out the panel, proclaiming that “people want to be downtown where the action is.” CREW members were given a chance to witness the “action” firsthand when they embarked on a self-guided tour of the various projects. The transformation of Laclede’s Landing is extensive, but it’s just getting started. CREW-St. Louis is even more excited for what’s to come.
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