Lehman Place in Dogtown
I’m always happy to see large scale projects go up in the City of St. Louis. Years back, when I first heard about the $5.5 million Lehman Place project in Dogtown (specifically, the Clayton-Tamm Neighborhood), I rejoiced like everyone else. Unfortunately, not all developments are created equal. Now all there is to show for the investment is a huge monstrosity of building, displaying no use of common sense in its design. And did I mention that it has been in foreclosure limbo for almost a year?
When the Post Dispatch reported that the building was foreclosed on in August 2007, I figured something would be done with the building in short order. Yet somehow, after almost a year, it is still sitting there. Vacant. I have never been inside, nor have I been able to track down the floorplans, but word has it that the layouts are horrendous. If true, that could explain why nobody wants to buy the building from Southern Commercial Bank, who has owned the property at 6400 Wise since foreclosure.
So what do you do with an ugly, overpriced building with horrible layouts, no tenants and hardly any windows on the sides or back? Apparently, nobody has an answer after nearly a year. So what do you think of the property? Hideous or under appreciated masterpiece?