Missouri’s Department of Economic Development is providing $1.8 million in remediation tax credits for the redevelopment of Building 9 of the former Cupples Warehouse complex in downtown St. Louis, the department said Wednesday.
St. Louis-based Blue Urban LLC is spending $43 million to renovate the building, said Kevin McGowan, chief executive of the firm. The tax credit will be used for
remediation of lead-based paints and asbestos in the
113-year-old building.
Vacant for 30 years, the seven-story, 160,000-square-foot building will feature 54 condos and 66,000 square feet of retail and office space paydayloan no fax payday advances faxless payday loans. –>. The majority of space in the building already has been sold or pre-leased. The renovation is scheduled to be completed in September next year. — Christopher Boyce
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