St. Louis will soon experience a $60 million development named The Edwin Project, which will be developed through a partnership between the Pier Property Group and Fireside Financial. This project is also receiving backing from the the city of St. Louis, the Saint Louis University and St. Louis Midtown Redevelopment Corp (SLMRC).
Edwin Project St Louis to include apartments
Located in the Steelcote Square District in Midtown, within the 400-acre redevelopment area at Grand Boulevard between Gratiot and Papin Streets, The Edwin Project covers the development of a 70,000 square foot Target store, along with additional stores, 196 luxury apartments and a garage with a 200 space capacity and 140 surface parking spaces. Construction work on the project is scheduled to begin by November ending, and will take up to 20 months to become operational.
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Owner of Pier Property and co-developer of The Edwin Project, Michael Hamburg gave more insight on the project and explained that the workable solutions for this project, which resulted in a group as meaningful as Target becoming part of the area, were accomplished through a collaborative effort among Saint Louis University; the city of St. Louis; the St. Louis Midtown Redevelopment Corp; and the entire design team that have been working on the project for the past several months. According to Hamburg, Target was attracted to not just by the location, but also by their ability to offer surface parking.
President of the SLMRC Board of Directors, David Heimburger pointed out that their team had made the right call to embark on this master redevelopment project 5 years ago. Heimburger mentioned that The Edwin Project was exactly the type of transformational effort that they had envisioned. He also described the Target’s presence in Midtown as long time dream of theirs and explained that attracting such a stellar brand to the area is further proof that the city is a place where people want to be.
Neal Richardson, the St. Louis Development Corp. Executive Director described The Edwin Project as big win for St. Louis and spoke on its benefits to the city. Richardson said, “This project will advance inclusive growth in our region through the creation of living-wage jobs and providing accessible housing for residents to achieve upward economic mobility.”
