St Louis Center Shopping Mall
One City Center (also called 600 Washington , formerly St. Louis Centre , and sometimes spelled One City Centre ) is a shopping mall and office tower complex in St. Louis, Missouri. The 25-story office tower is the ninth-tallest habitable building in St. Louis at a height of 375 feet (114 m). The mall itself is only four stories, however, with a green, white, and glass façade. When the mall opened in 1986, One City Center was the largest urban shopping mall in the United States, with over 120 stores and 20 restaurants. The $95 million complex was originally to be developed by the May Company and called May Mall, but development for the mall was given to the Simon Property Group. In recent years, the mall has undergone a series of financial troubles. In 2006, the almost-vacant mall closed, and was bought by Pyramid Company and was planned to be turned into condominiums and retail space, though the plan was never realized, as Pyramid closed in 2008 due to financial troubles. The mall was foreclosed in 2009 by lender Bank of America and later bought for $12.7 million by Environmental Operations. In 2009, the building was about 85% vacant, and other developers were trying to raise funding for a renovation of the mall. Plans include a $35 million renovation, turning much of the complex into parking space, as well as a $29 million project to attract tenants to the center's office tower. The project, led by investor Stacy Hastie, includes plans for local law firm Lewis, Rice & Fingersh and accounting firm LarsonAllen to move into the building. Earlier, the Missouri Development Finance Board had approved a $5 million loan for the project.
References
- ^ a b c "One City Center". Emporis.com . http://www.emporis.com/application/?nav=building&lng=3&id=1citycenter-streetlouis-mo-usa . Retrieved 2010-02-09 .
- ^ a b c d Brown, Lisa R.. "St. Louis Centre: New parking, retail". St. Louis Business Journal . http://stlouis.bizjournals.com/stlouis/stories/2009/10/26/story5.html . Retrieved 12 February 2010 .
- ^ "One City Center". SkyscraperPage.com . http://skyscraperpage.com/cities/?buildingID=4297 . Retrieved 2010-02-09 .
- ^ Brown, Lisa R. (30 August 2006). "Steffen buys St. Louis Centre for $9.1M". St. Louis Business Journal . http://www.bizjournals.com/stlouis/stories/2006/08/28/daily30.html . Retrieved 16 February 2010 .
- ^ a b Bryant, Tim (4 February 2010). "Foreclosure sale prods One City Centre renovation". St. Louis Post-Dispatch . http://www.stltoday.com/stltoday/business/stories.nsf/story/A52F5715F3CC482C862576C0000BFA27?OpenDocument . Retrieved 16 February 2010 .
- ^ Hinderer, Katie. "Presbyterian Manors Secures $179M for Developmen". GlobeSt.com . http://www.globest.com/news/1598_1598/chicago/183541-1.html . Retrieved 12 February 2010 .
- ^ a b Logan, Tim. "State board gives first OK to $5M loan for One City Center". St. Louis Post-Dispatch . http://interact.stltoday.com/blogzone/building-blocks/uncategorized/2009/10/state-board-gives-first-ok-to-5m-loan-for-one-city-center/ . Retrieved 12 February 2010 .
Coordinates: 38°37′49″N 90°11′24″W / 38.6303°N 90.1899°W / 38.6303;
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