Plans Announced to Advance Second Phase of The Boulevard St. Louis

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JLL Hired to Market $100 million Mixed-Use Development

Chicago-based joint venture has retained JLL to market the rollout of the next phase of The Boulevard St. Louis, which owners confirm will break ground early next year and open year end 2019. Edwards Realty Group and Condor Partners purchased The Boulevard in late 2016 from Pace Properties. Owners say the advancement of the $100 million second phase includes an exciting mix of retail, residential, entertainment and class A office space to enhance the region’s premier mixed-use development located across from the Saint Louis Galleria.

“We’re extremely excited to be moving forward with this much anticipated second phase and to begin marketing it to the region,” said Sol Barket, a St. Louis native and founder of Condor Partners.  “The Boulevard is a great brand that appeals to many residents and visitors in the St. Louis region. This next phase will undoubtedly further enhance the development by offering more opportunities for people to live, work, play and dine.”

JLL office expert Dave Biales is representing the joint venture to market the office portion of the second phase of development. “The Boulevard has always been a premier location, but this expansion will solidify its position in the market as the premier destination for office and retail.”

Biales says in addition to several unique restaurants and retail, the expansion will bring approximately 100,000 square feet of office space to the market. Plans call for ample free garage parking with direct sky bridge access to an office complex. The development’s location along I-170 enables office tenants to avoid Clayton traffic and to have easy highway access. Highly visible signage opportunities will also be available to several office tenants facing both Brentwood Boulevard and I-170, which has approximately 130,000 cars pass along it everyday.

Biales adds, “The Boulevard’s location and amenities are unique to the area and, with Clayton experiencing vacancy rates at all time lows, this project couldn’t come at a better time.”

 

The Boulevard opened in 2004 and includes a professional office complex and 74 luxury residential apartments. It is home to Missouri’s first Crate and Barrel store and Missouri’s first Soft Surroundings location, as well as restaurants Maggiano’s Little Italy, P.F.Chang’s China Bistro, and Allegro at The Boulevard.

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