More re-development coming to downtown St. Louis - KMOV.com

More re-development coming to downtown St. Louis

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ST. LOUIS, Mo. (KMOV.com) -

Downtown St. Louis is getting a makeover with new businesses and retrofitting of old buildings.

The Arcade Building at the intersection of Olive and 8th sat vacant for really 40 years. It will soon become a luxury apartment building and Webster University will use the ground floor.

“There are a lot of investments going on right now in downtown,” said Missy Kelley, the President and CEO of Downtown STL Inc. “We want to have a place with diversity of people. We have different types of entertainment and businesses. What we are seeing right now is a boom in small business startups in downtown.”

An official with City Arch River, said the goal in renovating the Arch grounds was to connect it to businesses.

“Once it’s connected, you’ve got more people walking downtown, which spurs development and activity for businesses. It’s just going to be a new day for downtown St. Louis,” said Ryan McClure with City Arch River.

Kelly said a fashion incubator startup will open in downtown St. Louis in 2016. Renovations on Kiener Plaza also begin in December and is set to be complete in 2017.

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