Crown Square

Saint Louis,
MO
(2007)

Crown Square

Affordable Housing, Mixed-use, Retail, Retail and Commercial

The Crown Square redevelopment involved the historic rehabilitation of 11 buildings of the 14th Street Mall, an abandoned mall that formerly served as a pedestrian-oriented commercial district located in the Old North St.

Investment

NMTC Amount: $16,462,500
Total Project Cost: $20,137,843

IMPACT

70 FTE jobs
89 construction jobs
Rehabilitation of a vacant or under-utilized historic structure.
75,000 sq. ft. of real estate

CDEs

Enterprise Community Partners, MBS Urban Initiatives

Investor

Unknown

Project Description

The Crown Square redevelopment involved the historic rehabilitation of 11 buildings of the 14th Street Mall, an abandoned mall that formerly served as a pedestrian-oriented commercial district located in the Old North St. Louis neighborhood, just north of downtown St. Louis, Mo. The buildings is converted into 33,000 sq. ft. of street-level commercial and retail space and 38 market-rate residential units totaling 42,000 sq. ft.. Crown Square comprises one portion of the overall redevelopment of the 14th Street Mall area. The other component consists of 42 units of affordable housing financed through tax-exempt bonds (and related four percent Low-Income Housing Tax Credit equity), historic tax credits and other subsidies; financing for this component closed in mid-2007. Mixed-use

MAP

Address: 2600 North 14th Street, Saint Louis, MO 63106

Census Tract: 29510126600

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