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Issue: 1124 Date: 3/8/2012
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Washington University plans $80 million Loop project
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Washington University plans to remake a central part of the Delmar Loop with an $80 million project consisting of stores and apartments for about 550 students.
The project comprises a four- to six-story building of retail space and apartments on Delmar Boulevard at Eastgate Avenue and three new mid-rise apartment buildings on Enright Avenue nearby. Design work will begin soon, and construction could begin in January 2013 with occupancy in August 2014, university officials said.
Cheryl Adelstein, the university's director of community relations and local government affairs, said the project will provide an opportunity for upper class students to live off campus and help fill the need for more and varied stores in the Loop.
All but the eastern edge of the project's site is in University City. The vacant lot at Delmar and Eastgate and an adjacent commercial building are in St. Louis.
Washington University owns all the affected property and plans no further acquisitions. The plan calls for demolition of two three-story apartment buildings constructed in 1928 at 6255 and 6263 Delmar plus the razing of small apartment buildings, erected in 1970, in the 6300 block of Enright.
The row of storefronts that adjoin the small apartment buildings and a city parking garage on Delmar between Eastgate and Westgate avenues will be left undisturbed.
First up in the development plan will be construction of the mixed-use building on Delmar. Thereafter, two of the three planned apartment buildings -- with underground parking -- on Enright will be built. Timing of the construction of the third apartment building will depend on demand, university officials said. Together, the buildings will have about 200 one- two- and three-bedroom apartments to replace the existing 120 university-owned residences that will be demolished. The university plans to finance the project itself.
St. Louis Alderman Lyda Krewson, whose ward covers the city portion of the site, supports the project. She noted that many university students prefer apartment living near the Loop.
University City Mayor Shelley Welsch and prominent Loop businessman Joe Edwards also support the university's Loop plan.
"This is just an incredible project," Edwards said.
Welsch said adding hundreds more students to the area will help Loop stores prosper.
In addition to the Loop project, the university plans to spend $20 million over the next six years to renovate 25 small apartment buildings it owns in the Parkview Gardens neighborhood north of the Loop. |
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