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Will construction of Ballpark Village finally begin?

BallparkVillage-A-BtenantPROMO-280As reported by the Saint Louis Business Journal, grading permits were issued on January 24 for the site of the long delayed Ballpark Village project in Downtown Saint Louis. The $100 million first phase of the $700 million mixed-use development will not only benefit the local economy, but will be a catalyst to further the revitalization of Downtown. If you have ever considered living Downtown, there has never been a better time! Contact The Agency STL for more information!


Roberts Tower moving forward again

imageThe St.Louis Land Clearance Authority has selected UrbanStreet Group of Chicago as the preferred developer for the Roberts Tower. The firm will spend $22 million to finish the long stalled project. The Roberts brothers put over $50 million into the project before putting all of their downtown real estate up for sale. The finished building will add 132 apartments to the Old Post Office District downtown. Read more here.


Demand for St. Louis Apartments Surges in Q3 of 2012

city walkAs the demand for St. Louis apartments continues to surge, new research from Colliers International in St. Louis shows that multifamily occupancy in St. Louis hit a decade high! In the 3rd Quarter St. Louis absorbed 2,748 units bringing overall occupancy to 94.3%. Demand has been particularly high in the Central West End and Mid St. Louis County, but rent growth remains modest. The Central West End is projected to have 420 new units while Mid County will receive 268 new units in 2013. While demand remains high, the addition of the new units is expected to keep rent growth low.