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Fox Park historic district expansion

The St. Louis neighborhood of Fox Park could soon see an expansion of the are with it’s historic district if a hearing on the matter goes well this week. The neighborhood’s boundaries are Interstate-44 to the north, Jefferson to the east, Gravois to the south, and Nebraska to the west. The current Fox Park Historic District runs roughly to Victor on the south, which means it only covers about 2/3 of the neighborhood. This expansion would grow the area to cover the entire neighborhood.

The hearing on January 20, 2011 at 9am will take place at City Hall and is the second public gathering on the topic. The process will note be complete on Thursday, but if the meeting goes well, full passage seems like a sure thing. Considering all the commercial and mix-use buildings along Gravois, Jefferson and just north of Gravois in the industrial section, this expansion could present some interesting development opportunities. I’ve always though the warehouses on in the industrial section of Fox Park would be great candidates for loft conversion and this move makes something lie that easier to make into a reality. Here is the official notice on the meeting from the City:

NOTICE OF PUBLIC HEARING

to consider Board Bill Number 221 extending the boundaries of the Fox Park
Historic District as set forth in Ordinance 66098.

A public hearing will be held on January 20, 2011, at 9:00 a.m.
in Room 208 of the St. Louis City Hall, 1200 Market Street, St. Louis,
Missouri 63103, by the Public Safety Committee. The Hearing pertains to
Board Bill 221, which will extend the boundaries of the Fox Park Historic
District as set forth in Ordinance 66098.

Any person wishing to speak for or against the above cited board
bill should be present at the public hearing. All interested persons will
be given a reasonable opportunity to express their views respecting the
proposed district. A copy of the Board Bill is available for review at the
office of the Clerk of the Board of Aldermen in Room 230 of the St. Louis
City Hall, 1200 Market Street, St. Louis, Missouri, 63103.

“Proposed Historic District in This Block”

The site of the proposed historic district is commencing at the
point of intersection of the north line of the public alley north of Victor
Street with the center line of Nebraska Avenue; thence proceeding south
along said center line of Nebraska Avenue to its point of intersection with
the center line of Gravois Avenue; thence proceeding northeast along said
center line of Gravois Avenue to its intersection with the center line of
Jefferson Avenue; thence proceeding north along said center line of
Jefferson Ave to its point of intersection with the north line of the public
alley north of Victor Avenue; thence proceeding west along said north line
to its point of intersection with the center line of California Avenue;
thence proceeding north along said center line to its point of intersection
with the north line of the alley north of Victor Avenue; thence proceeding
west along said north line to the point of beginning.

David Sweeney
Clerk of the Board of Aldermen
City of St. Louis

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Matt Kastner

Matt Kastner is an Investment Real Estate Consultant at St. Louis Real Estate Society in St. Louis, Missouri. He is also develops properties on the side through Threshold Properties. When he isn’t representing investors in the purchase or sale of multifamily properties, rehabs, foreclosures and other income producing properties, he is often taking on rehab projects himself. He lives in South St. Louis and has been in the real estate business since 2004.

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