ST. LOUIS | City Foundry Tower | 242 FEET | 24 FLOORS

Arch City · #1 Posted **Dec 13, 2016, 10:02 PM**

Site is currently undergoing remediation. The $134.2 million Phase I is a go. It is planned to open in 2018. The residential tower planned for Phase II.

Visit City Foundry-St. Louis's website HERE.

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City Foundry project to include high-rise offices and apartments
By Tim Bryant St. Louis Post-Dispatch
Tim Bryant
Sep 23, 2016

The planned $340 million redo of the Federal-Mogul foundry in midtown St. Louis as a trendy food hall and high-rise apartments and offices includes taxpayer help.

Many tax incentives are proposed to help finance the project's $134.2 million first phase. The largest, if approved by city officials, would be $19.4 million in tax-increment financing.

Also factored into the project are $14.9 million in federal historic preservation tax credits, $17.4 million in state historic preservation tax credits and $5 million in state brownfields tax credits for environmental cleanup.

Read more HERE and @ NextSTL.com, HERE.

Arch City · #2 Posted **Dec 13, 2016, 10:03 PM**

Overview:

Developer: The Lawrence Group and other investors
Designer: The Lawrence Group of St. Louis
Name: City Foundry Tower (Tenative)
Cost: Part of a $340-million development
Height: 242' (estimate)
Floors: 24
Units: 280 (apartments)
Location: In Midtown St. Louis near St. Louis University and CORTEX
Design: Modern, Contemporary
Mixed-Use Spaces:
Garage: 500 Parking Space garage nearby, completed in first phase
Projected Start Date: Start, 2019
Completion Projection: 2020