Since the Downtown Development Action Plan was adopted in 1999, over $4.3 billion dollars have been invested in a remarkably diverse portfolio of projects throughout Downtown St. Louis. From dramatic streetscapes to major projects like the new Busch Stadium and a new Lumiere Place Pinnacle Casino to nearly a hundred historic building renovations that now house hotels, lofts, offices and retail, there is a new spirit in downtown St. Louis.
Downtown Development 1999-2007
- Hotel - $550.9 million
- Institutional - $502.8 million
- Office - $496.4 million
- Residential - $1.4 billion
- Sports, Art, & Entertainment - $851.1 million
The momentum continues to build as an additional $925.5 million in development is planned for 2008/2009. This includes:
- Ballpark Village Phase 1
- City Garden in the Gateway Mall
- Hyatt Regency Riverfront renovations
- Marriott Union Station renovations
- 300 additional residential units
The Downtown Development Action Plan targeted the areas of Washington Ave, Post Office Square and the CBD, but now development is now expanding north, south and west to areas of downtown where new investment seemed inconceivable only a few short years ago. Districts and neighborhoods are evolving rapidly and bringing new businesses, residents and development opportunities throughout downtown.
Despite the high level of activity and growth, a wide variety of development opportunities are still available in Downtown St. Louis. The Downtown St. Louis Partnership works closely with the Regional Commerce and Growth Association (RCGA), the City of St. Louis and the St. Louis Development Corporation (SLDC) to attract and support new investment in the downtown area and to create an exciting and attractive place to live, work and play.
Downtown Development LibraryDowntown St. Louis—Current Development ProjectsDowntown District MapFor more information or referrals for starting, relocating or expanding your business downtown, email mschindler@downtownstl.org or call 314-436-6500 x223.