Follow on Google News News By Tag * St Louis * Residential Real Estate * Mixed-use Development * Urban Redevelopment * Rentals * Mercantile Exchange * Housing * More Tags... Industry News News By Location Country(s) Industry News
Follow on Google News | Spinnaker Opens Residential Phase of Major Mixed-Use Project in St. LouisLaurel Apartments is Part of a Multi-Phased $250 Million Project Spinnaker is Developing in Mercantile Exchange District of Downtown St. Louis
By: Spinnaker Real Estate Partners Laurel Apartments join the recently completed 212-room Embassy Suites Downtown St. Louis in the magnificent Laurel Building, which is part of a multi-phased $250 million MX project being developed by Spinnaker St. Louis, an affiliate of Spinnaker Real Estate Partners of Norwalk, CT. The apartments range in size from 642 square feet to more than 2,700 square feet and offer 10- and 12-foot ceilings, bamboo flooring and a host of other stunning finishes and luxury features. Residents can enjoy room service, valet parking and maid service from the Embassy Suites Hotel. Located at 616 North Seventh Street, the apartments have outstanding views of downtown St. Louis and the magnificent Laurel Gardens. Other amenities include state-of-the- The Laurel Building will also include 35,000 square feet of retail space and the National Blues Museum, a 23,000-square- The Mercantile Exchange also includes The MX Building, a $30-million project being developed by Spinnaker that is scheduled to be completed in the fourth quarter of this year with a planned retail opening in the second half of 2012. The property includes 110,000 square feet of retail space, and will be home to the 3-screen, 3-D MX Movies, Pi Pizzeria and Robust Wine Bar. “The grand opening of the Laurel Apartments is yet another important milestone for Spinnaker and our St. Louis affiliate. We’re proud to be a part of the development of the Mercantile Exchange which is becoming an epicenter of energy in downtown St. Louis,” said Clay Fowler, CEO of Spinnaker Real Estate Partners. The grand opening of Laurel Apartments was held on February 21 as St. Louis’ Light Up the Night Fat Tuesday Parade rolled through the new MX entertainment district. Hundreds gathered inside the magnificent new Laurel Gardens open-air atrium nestled inside the Laurel building, while thousands filled the streets of the MX District for the capstone event of St. Louis Mardi Gras, one of America’s largest pre-Lenten celebrations. “Celebrating the Laurel Apartments grand opening in concert with this iconic St. Louis event really points out how unique this neighborhood is,” said Amos Harris, President of Spinnaker St. Louis. “The MX is in the heart of it all, and our new neighbors who call the Laurel home will enjoy many amenities and events as the MX continues to build this year.” The investment by the public and private sectors in the Mercantile Exchange District is transforming it into a mixed-use 24/7 location that is at the nexus of St. Louis’ business, convention, tourism and entertainment centers. Other exciting developments underway include the 120,000-square- About Spinnaker Real Estate Partners Spinnaker Real Estate Partners is a second generation real estate company that is primarily engaged in the acquisition, ownership, and management of major commercial and residential properties in Connecticut, New York, Oregon and Missouri. Founded by a predecessor organization in 1950, Spinnaker Real Estate and its affiliates have completed more than $1.5 billion of acquisition, development or re-development. In the last 20 years, the firm and its predecessor have owned or developed in excess of 3,000,000 square feet of commercial real estate and over 5,000 multi-family and single family units nationwide. A major company development in Oregon was awarded the highest commendation for environmentally sustainable design in 2010, LEED Platinum ND (Neighborhood Design), only the second such distinction for a real estate project in the nation. Guided by a steadfast commitment to sustainable and green building, the company's urban redevelopment projects focus on place making and creating vibrant communities that connect business, people, housing, jobs and recreation. For more information visit www.spinrep.com # # # About Spinnaker Real Estate Partners: Spinnaker Real Estate Partners is a second generation real estate company that is primarily engaged in the acquisition, ownership, and management of major commercial and residential properties in Connecticut, New York, Oregon and Missouri. Spinnaker Real Estate and its affiliates have completed more than $1.5 billion of acquisition, development or re-development. In the last 20 years, the firm and its predecessor have owned or developed in excess of 3,000,000 square feet of commercial real estate and over 5,000 multi-family and single family units nationwide. Guided by a steadfast commitment to sustainable and green building, the company's urban redevelopment projects focus on place making and creating vibrant communities that connect business, people, housing, jobs and recreation. For more information visit http://www.spinrep.com End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|