Transit-Oriented Development (TOD) refers to the investment that takes place at and around transit infrastructure. TOD is often a catalyst for economic growth – improving access to jobs, housing and amenities, and helping promote active lifestyles and a reduced dependence on automobiles.
A new development within walking distance of the Grand MetroLink Station hopes to further ignite the growing Midtown area and create an ideal live, work, stay and play environment.
Cullinan Properties was selected by Saint Louis University through a competitive process to acquire the rights to purchase and develop a 14-acre site at the intersection of Grand Boulevard and Chouteau Avenue. This intersection currently serves the #31 Chouteau and #70 Grand MetroBus routes.
The project will connect the north and south campuses of Saint Louis University with gathering space and event programming, providing needed amenities for university students and staff, as well as visitors and area workers.
“This development will be able to serve the student population, young professionals and those working in Cortex, the Central West End and downtown,” said Rob Lochner, Vice President of Development Cullinan Properties. “We love the location, and are excited to make a new place in St. Louis that everyone can be excited about.”
The 850,000 square-foot mixed-use development would be built adjacent to the $550 million expansion of SSM Health Saint Louis University Hospital. That development is scheduled to start construction in spring 2020. Lochner said the mixed-use development will be complementary to the contemporary style of the nearby hospital.
“We are not confined by existing structures. It’s pretty much a blank canvas where we can offer newer, more modern amenities and services,” he said.
The project will complement other major development projects currently underway, including The Foundry, The Armory, Chroma, and Steelcote Lofts. Cullinan is considering about 100,000 square feet of retail space, 40,000 square feet of restaurant space, 300 luxury apartments, a 200 to 300-room hotel and as much as 150,000 square feet of available office space. Cullinan Properties is partnering with BatesForum and Clayco for design-build services and Stock & Associates Consulting Engineers, Inc. for civil engineering services.
The development location sits between Interstate 64 and Interstate 44. In addition to nearby MetroBus connections and MetroLink service, the project will be part of the Chouteau Greenway, providing options for walking and biking. The level of accessibility options makes this development truly unique, Lochner said.
“It always helps to have a lot of options,” he said. “Especially as we look to attract the 25-35 year-old residents and skilled professionals.”
Construction is slated to begin in the second quarter of 2020 and be completed in various phases. The first phase is expected to be completed in 2022.
Project: Mixed-Use Development at Grand and Chouteau