
This is one of those properties that has been “on the verge” of being redeveloped for years. It’s one of the few local “icons” that hasn’t been either developed or demolished. A good project centered around this complex would do a lot for the area in southern Benton Park and Marine Villa. But maybe I’m just biased because I live in Benton Park. Nevertheless, its just a matter of time before something finally happens to it. I just hope this isn’t another one of those cases where the momentum builds up only to fizzle away a few months later. From the sound of the recent article in the Post Dispatch it at least seems like this proposal is being treated somewhat seriously. Take a look for yourself: Redevelopment proposal renews hope for Lemp complex
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Lemp Brewery project still chugging along
About 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.Stay In Touch
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i will soon be looking at funding a renovation for the lemp brewery…this is all the information i have know but i will soon update you on further decisions