Development

The firm had acquired the property earlier in the year and had been working on the right fit for the space.

The development by AHM Group aims to transform 12 acres north of CityPark into more than 450 apartment units and tens of thousands of square feet of offices and retail.

The park replaces two previously vacant lots with a few disk golf cages, several metal flower planters, benches and sculptures from local youth artists.

In 2017, 66 projects were approved for tax incentives. That number dwindled to 11 in 2023.

The 28-story, 780-room hotel closed in 2014. The foundation plans to work with the city, Greater St. Louis Inc. and the St. Louis Development Corporation on a plan to redevelop the site.

It gives three north St. Louis neighborhoods a better platform to approach the city or private funding sources for economic development projects.

The small district tucked directly north of the Gateway Arch National Park has quietly undergone a massive redevelopment in the past half-dozen years.

The Railway Exchange building has been vacant since 2014 and has become a high-profile downtown eyesore riddled with trespassing and other crime.

Historically, St. Louis has had few basketball courts in south city. These new ones follow additions at Tower Grove Park and Forest Park in recent years.

The nonprofit purchased properties to renovate or demolish existing houses and to construct new ones like those in the housing development, a 20-home subdivision called Lansdowne Park.