New Residential Building Will Replace Short 1968 Bank Building at 620 Market in Downtown St. Louis
The 2-story building at 620 Market Street, at 7th, was built in 1968. Most recently it was Mike Shannon’s restaurant, originally it was a bank with drive-through tellers. My first time in this building was in the early 1990s when the offices for the East-West Gateway Council of Governments — the region’s Metropolitan Planning Organization (MPO). The building faces 3 streets: Market, 7th, and Walnut.
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Soon the building will be razed so a new building can be constructed on the site. Good riddance. Seriously, it’s awful for a central business district, but it’s exactly what to expect from the 1960s. Here’s more photos from years past.
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The new building won’t be an office building, but rental units over parking — exactly what you’d expect in today’s current development climate.
The construction will be a 3-story garage with 5 stories of wood-frame units above. There will be both street and paid garage parking. Public dog park areas abound and a 3rd floor courtyard facing the east will provide residents with an outdoor pool and yoga. A roof top viewing deck of the Arch and the Stadium and the skyline will be a great amenity. An on-site leasing office, cyber cafe and a community/fitness area will be placed on the ground floor along with 4955 square feet of retail/restaurant space. (Garrison Companies)
The developer’s website mentions the Ballpark MetroLink station only a couple of blocks away, and the new residential building over a new Target under construction at the Grand MetroLink station. Though they think Grand is “only a light rail stop away.” These light rail references combined with the “paid garage parking” tells me a parking spot won’t be included in the rent — such unbundled parking is ideal. Hopefully I’m reading this correctly.
While all the downtown condos I’m aware of all have an assigned space, many rental buildings don’t include a parking spot. Less “free” parking means fewer cars, greater use of public transit.
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