700,000 Square Foot Mixed-Use Expansion Will Create 2,500 New Jobs for the City of St. Louis and its Residents
Project Will Complete a Full Build-Out of Clark Street, Transforming It Into One of the Most Exciting City Streets in All of Professional Sports
ST. LOUIS, Dec. 18, 2017 /PRNewswire/ — The St. Louis Cardinals and The Cordish Companies recently broke ground on the $260 million second phase of Ballpark Village. The Cardinals and Cordish were joined by St. Louis Mayor Lyda Krewson and numerous civic, community, and business leaders to celebrate this exciting milestone. The 700,000 square foot mixed-use expansion project will complete a full build-out of Clark Street, transforming it into one of the most exciting streets in all of professional sports.
“This second phase is more than seven times the scale of the first phase of Ballpark Village, bringing our total investment in new construction downtown to well over $750 million since 2005,” said Bill DeWitt III, President of the St. Louis Cardinals. “By developing new housing, Class A office space, an upscale hotel, and high quality street level retail, we are truly putting the “Village” into Ballpark Village.”
New buildings will be built on both the east and west sides of the existing Phase 1 development. A new street will emerge, running from 8th Street to Broadway, and be called Cardinal Way. On the east end of Cardinal Way will be a 29-story luxury residential tower called One Cardinal Way. On the west end will be the first new construction Class A-Office Building in downtown in over a generation, anchored by PricewaterhouseCoopers, and an upscale convention hotel, Live! By Loews – St. Louis, MO. In addition, a three-story retail pavilion just north of the existing Busch II Infield and Event Plaza will connect everything together. This spectacular glass pavilion will be anchored by the 31,000 square foot Onelife Fitness, a nationally recognized, state-of-the-art health and fitness club.
The first phase of Ballpark Village has played a pivotal role in the revitalization of downtown since opening in 2014, creating more than 1,000 construction jobs and 1,700 new permanent jobs when it opened. The second phase of Ballpark Village stands to create 1,500 construction jobs and more than 1,000 new permanent jobs.
“It is an honor to grow our partnership with the DeWitt family and the St. Louis Cardinals on this $260 million expansion of Ballpark Village,” stated Blake Cordish, Vice President of The Cordish Companies. “Ballpark Village is setting the gold standard for sports-anchored developments in the country and our partnership is proud to play a role in the ongoing revitalization of downtown St. Louis.”
Located at the corner of Clark and Broadway, One Cardinal Way will be one of the most luxurious, amenity-rich apartment communities in the country. The 29-story, 297-unit tower will offer unobstructed views directly into Busch Stadium, as well as the Gateway Arch, Mississippi River, and St. Louis skyline. Designed by Hord Coplan Macht (HCM), One Cardinal Way will be designed to meet National Green Building System certification and will feature high-end materials, expansive ceiling heights, state-of-the-art appliances, and parking within the building. The community will feature studio, 1-bedroom, 2-bedroom and penthouse apartment homes. Additionally, the first floor will include 10,000 square feet of restaurant, retail and lifestyle amenity space.
One Cardinal Way will also feature over 25,000 square feet of interior and exterior residential amenity space that rivals that of any luxury apartment or condo building in the United States including:
- An expansive outdoor terrace with direct views into Busch Stadium
- Infinity Edge Pool
- Demonstration Kitchen
- Club room featuring an indoor-outdoor bar and fireplace
- Private Event Entertainment Room
- Fitness Center
- Conference Room
- On-site dry cleaning drop off and pick up
- Building sommelier
- In-building parking
- 24-hour lobby attendant and full suite concierge services
Beginning today, those interested in living at One Cardinal Way can schedule appointments with the Cordish Living management team to digitally view and reserve apartments at www.onecardinalway.com.
Designed jointly by HKS Architects, HCM and Tao & Lee, the new office building will be the first new construction office building built in downtown St. Louis in more than a generation (Metropolitan Square, 1989). The building will be anchored by PwC, one of the largest and most prestigious professional services firms in the world and longtime major employer in downtown St. Louis. The 10-story building will feature street level retail, modern office amenities and more than 500 structured parking spaces.
“This is a tremendous project that will bring hundreds of new residents and over a thousand new jobs to our city,” said Lyda Krewson, Mayor of St. Louis, MO. “I am excited to see a world-class hometown company like the Cardinals and their development partners, The Cordish Companies, expanding their investment in St. Louis and bringing the first new, Class-A office building downtown in nearly three decades.”
Plans were also announced for a new lifestyle tenant to anchor the expansion: Onelife Fitness. The state-of-the-art flagship location will occupy 31,000 square feet in the retail pavilion building directly north of the Busch II Infield and Event Plaza. The expansive space will span two levels and feature a two-story glass façade overlooking incredible views of Ballpark Village and Busch Stadium.
Onelife Fitness is owned and operated by US Fitness Holdings, LLC, one of the largest fitness companies in the United States, with the passion to improve lives by delivering unparalleled service and innovative programming. This high-energy club will feature over $1 million of the newest cardio and strength equipment, large functional turf training areas (indoor and outdoor), the most innovative and fun group fitness classes like BodyPump, Pilates, Yoga, Hot Yoga and Barre classes and industry-leading personal training and small group training like Zone4 high intensity heart-rate based interval training and Explosive Performance athlete training and more.
US Fitness currently owns and operates 47 clubs in Missouri, Georgia, Virginia, Maryland, and the District of Columbia. St. Louis will be the second Midwest location – the first location opened in Kansas City, MO adjacent to Cordish’s One Light Luxury Apartment tower in the Power & Light District.
“We are excited to open Onelife Fitness within one of the most impressive and highest profile sports-anchored, mixed-use projects in the country,” said Kirk Galiani, Co-Chairman, US Fitness Holdings, parent company of Onelife Fitness. “Our successful partnership with The Cordish Companies has allowed us the opportunity to extend our Midwest presence and to now team up with one of the great franchises of all professional sports, the St. Louis Cardinals, to bring something extremely special to Ballpark Village and downtown St. Louis.”
The construction of Ballpark Village’s expansion represents the next step in the Cardinals’ vision for downtown St. Louis that began with the opening of the new $411 million privately-financed Busch Stadium in 2006. Located on 10-acres north of Busch Stadium, Ballpark Village is the first master-planned development designed around a new Major League Ballpark. The dining and entertainment district welcomed over 10 million guests in its first three years.
The expansion project is targeted to begin opening in 2019 and be complete by 2020.
About the St. Louis Cardinals
The St. Louis Cardinals are one of the most storied franchises in all of baseball. Since joining the National League in 1892, the Cardinals have won more than 9,800 games, finished in first place 25 times, winning 3 National League Eastern Division Titles, 10 National League Central Division Titles, 19 National League Pennants and 11 World Series Championships. There are 48 former Cardinals players, managers and executives enshrined in the National Baseball Hall of Fame in Cooperstown, New York. #STLCards
About The Cordish Companies
The Cordish Companies’ origins date back to 1910 and encompass four generations of privately-held, family ownership. During the past ten decades, The Cordish Companies has grown into a global leader in Commercial Real Estate; Coworking Spaces; Entertainment Districts; Gaming; Hotels; International Development; Private Equity; Residential; Restaurants; and Sports-Anchored Developments. One of the largest and most respected developers in the world, The Cordish Companies has been awarded an unprecedented seven Urban Land Institute Awards for Excellence for public-private developments that are of unique significance to the cities in which they are located. Prime examples are The Cordish Companies’ prominent role in the redevelopment of Baltimore’s world famous Inner Harbor; Philadelphia, PA; Atlantic City, NJ; Charleston, SC; Houston, TX; Louisville, KY; Kansas City, MO and St. Louis, MO. In addition, The Cordish Companies has developed and operates multiple highly acclaimed entertainment destinations throughout the United States which welcome over 50 million visitors per year and are the most visited destinations in their respective regions. Over the generations, The Cordish Companies has remained true to the family’s core values of quality, entrepreneurial spirit, long-term personal relationships and integrity. As a testimony to the long-term vision of its family leadership, The Cordish Companies still owns and manages virtually every business it has created. For more information visit www.cordish.com or follow us on Twitter.
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SOURCE The Cordish Companies