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Saint Louis, MO (2018)

Duncan Biotech Center

The substantial rehabilitation of The Post-Dispatch Rotogravure Building (also known as the Crescent Parts Building) which is a 4-story building located in the heart of the Center for Research Technology and Entrepreneurial Exchange Innovation District.

Investment

  • NMTC Amount: $15,000,000
  • Total Project Cost: $44,222,295

IMPACT

  • 100 FTE jobs
  • 230 construction jobs
  • Rehabilitation of a vacant or under-utilized historic structure.
  • 96,000 sq. ft. of real estate

Investor

Project Description

Duncan Biotech Center (the “Project”) is the substantial rehabilitation of The Post-Dispatch Rotogravure Building (also known as the Crescent Parts Building) (the “Building”) which is a 4-story building located in the heart of the Center for Research Technology and Entrepreneurial Exchange Innovation District (“Cortex District”) in St. Louis, Missouri. The Cortex Innovation Community plans a $44 million multi-tenant renovation of the historic printing plant most recently known as the Crescent Building at 4340-50 Duncan Avenue. Plans call for 96,000 sq. ft. of affordable laboratory, shared lab, and creative office space. Users includes the district’s graduating incubator and accelerator tenants. The vacant concrete and brick structure is adjacent to the modern DuPont building on the block west of Cortex Commons.

MAP

Address: 4340 Duncan Avenue, Saint Louis, MO 63110

Census Tract: 29510118600

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