New Markets Tax Credit Coalition

One City Centre

A redevelopment project returns to the St. Louis downtown a critical office building which through neglect and lack of maintenance had lost all but one major tenant.

Investment

  • NMTC Amount: $61,435,508
  • Total Project Cost: $61,435,508

IMPACT

  • 350 FTE jobs
  • 100 construction jobs

Investor

Project Description

The One City Centre redevelopment project returns to the St. Louis downtown a critical office building which through neglect and lack of maintenance had lost all but one major tenant. The rehabilitation includes extensive upgrades to the building’s infrastructure as well as tenant improvements for several new tenants. The One City Centre redevelopment project is one of three components of a $220 million redevelopment initiative for the St. Louis central business district aimed at transforming a crucial 3 square block area adjacent to the convention center. Along with the One City Centre redevelopment, the initiative includes redevelopment of the St. Louis Centre and the Dillard’s Building.

MAP

Address: 600 Washington Avnue, Saint Louis, MO 63101

Census Tract: 29510125600

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