St. Louis Development

Even in the best of economic times, real estate developments fall through all the time. In a recession, this trend can become an epidemic. One seeming victim to this trend is the proposed Pelican Place project at 2232 and 2256 South Grand in the Compton Heights neighborhood. The Planning & Urban Design Agency of the City of St. Louis published development details back in August of 2006. The former...

Gut rehabs of LRA (Land Reutilization Authority) have been few and far between in the past eighteen months, with construction financing has been virtually nonexistent in this economic climate. So you can count me surprised when I got a call from a friend saying that this 4,932 sq ft monster in Marine Villa was going to be turned into a single family home. Originally a bakery on the first floor and a...