A $500-million firm is moving from suburban Chesterfield to St. Louis City's Midtown/Grand Center.
Tube maker moving to expanded headquarters in Grand Center
Jun 19, 2015, 7:18am CDT Updated Jun 19, 2015, 7:35am CDT
Diana Barr
St. Louis Business Journal
The project, slated for completion in 2017, will cost $51 million, Smith told the St. Louis Post-Dispatch. The building also once housed the St. Louis Health Department.
Bull Moose’s parent, U.K.-based Caparo Group, will invest in renovating the vacant 12-story building into a multi-use development including offices, a 145-room hotel and retail.
Lawrence Group CEO Steve Smith will co-own the building, at 634 N. Grand Blvd., with Caparo.
The Missouri Theatre Building is the last of Grand Center's historic buildings to get a makeover, according to officials who announced the deal Thursday.
The development is expected to create more than 200 additional jobs in the area, officials said.
Also planned for the renovation are a full-service restaurant, banquet rooms and meeting facilities, a coffee shop and parking lot.
Bull Moose will occupy 24,000 square feet of the remodeled space for its North American headquarters.
Plans call for a second phase of about $25 million to include a new 150-unit apartment building and 500-car garage behind the current building, the Post-Dispatch reports.
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