ST. LOUIS, MO/May 16, 2017 (STLRealEstate.News) Old St Luke’s – A development power team has big plans for a 1904 building on Delmar Boulevard that once housed the old St. Luke’s Hospital.
Build-A-Bear CEO Maxine Clark and Clayco Inc. plan to turn the building into apartments and collaborative office space for nonprofit organizations. Plans call for 180,000 square feet of office space and 160 apartments with storefront businesses on the ground floor. Possible neighborhood businesses include a bank, a child care center, restaurants or a gym.
The building is just on the north side of the dividing line between University City and the city of St. Louis. In a nod to the location, developers are calling the complex Delmar DevINe. The campus was home to St. Louis ConnectCare, which filed for bankruptcy in 2013.
It’s hoped that the development will be a nonprofit version of the Cortex Innovation Community, a tech hub which has brought new life to part of Midtown and the Central West End. Clark hopes that the new development will be a collaborative space for nonprofits and community organizations that seek to improve the lives of families in the city.
Earlier this year, the city solicited bids to redevelop the complex. The Clark/Clayco proposal was one of two submitted to the St. Louis’ Land Clearance for Redevelopment Authority, owner of the former hospital.
St. Luke’s moved to Chesterfield in 1975. Areas such as the Central West End and Delmar Loop thrived while the building sat vacant for long periods of time. As more Delmar Loop development has migrated east, the building’s location is more attractive, according to developers.
Plans are for small apartments that are affordable to young professionals and employees of nonprofits. Construction is scheduled to begin this fall, with initial occupancy available in early 2019.
By Kathy Bratkowski