Capstone Development is restoring the
Gerhart Block with an $8 million restoration and rehab.
The building is two blocks north from the new IKEA and across the street from St. Louis University.
The renovated building will include 11,000 square feet of ground-floor commercial space and build out of 17 loft-style apartments on the second floor.
Gerhart Realty Co. opened the building in 1897.
Constructed for $40,000, the building exemplifies what its nomination to the National Register of Historic Places calls Chateauesque style.
Photo from NextSTL.com
Before, Photo from NextSTL.com