Updated: Mar 8
Several weeks after news broke that Green Street acquired the World News site in Clayton, we now have a look at what they're planning there.
Planned is a 25-story mixed-use tower with 180 hotel rooms, 75 condos, and 400 parking spaces in a 5-story parking podium. A ground floor restaurant, bar, and retail space will be included as well as a 300 person event space, and rooftop terrace and bar, offering views of Clayton and the St. Louis region to visitors and residents. Green Street will be partnering up with Midas on this $100 Million project. A hotel brand has was not announced in the press release, but it has been said that the hotel brand will be one of Hilton's newer brands.
According to Green Street, the tower’s height will be approximately 300ft (or an average of 12ft per floor). While it won’t be the tallest building in Clayton, it’ll appear to be much taller than it is in the skyline due to the elevation the tower will sit at. The World News site sits near the highest point in Clayton.
The inclusion of condos in this building is an interesting approach as most new development proposals in both St. Louis and Clayton have focused mainly on apartments. Only Clayton has seen another condo proposal and that one is planned by Midas at 8230 Forsyth. Along with Green Street's 50 South Bemiston tower, Downtown Clayton is set to be transformed over the next few years from an office focused business district to more of a mixed-use downtown area where sidewalk activity continues after 5pm throughout the week. Projects like Bemiston Place, the AC Hotel, and Residence Inn Hotel will all help with achieving the goal of creating nightlife.
“The synergy between Green Street and Midas is quite remarkable. There are many common themes shared amongst our companies. Combining our talents and resources on this project will allow us to make a positive impact on the Clayton landscape. We are having significant conversations with incredible prospective retail users that we can’t wait to announce.” - Kevin Morrell, Green Street principal.
HDA, a Green Street company and the architecture firm behind 50 South Bemiston and 8230 Forsyth is the architect on the World News site project. Green Street Building Group is expected to be the builder. According to a press release, Green Street and Midas intend to start construction on this project in the fall. The approval process should begin on this project before the end of the first quarter.
“This partnership and opportunity align so well with who we are as a company and where we are heading. We build great communities in which we live and work, and this project will be a highlight for all”. - David Robert, Midas co-founder and CEO
Previous story (1/20/2022): World News in Clayton Could Be Replaced with Mixed-Use Tower