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920 Wyoming Street (WBF III)

920 Wyoming will allow MCM to provide parking and a leasing office for WBF Phase II as well as near and long-term (re)development opportunities. Phase III, when combined with Phases I and II, has the size to be a catalyst to spur additional development in an area with a large building stock of warehouses that can be transformed to higher and better use. 920 will allow MCM to capture this upside potential at a low land cost basis as the neighborhood transforms.

 

WBF III

 

Initially 920, which sits on 61,825 square feet/1.42 acres of land improved with a 2-story, 25,000 square foot masonry building will provide 90 surface parking spaces and a leasing office for West Bottom Flats Phase II, that includes 90 market-rate apartments and 5,300 square feet of retail and commercial space. 

920 is a contributing resource to the West Bottoms – North Historic District, making it eligible for Federal and Missouri Historic Tax Credits once the NPS Part 1 is submitted/approved. 

 

WBF III

 

Plans for 920 include commercial office with a focus on co-working and professional office space. 

 

The renovation into commercial office is expected to cost $5 million and will generate approximately $400,000 in Federal Historic Tax Credit equity and expects to generate $465,000 in Missouri Historic Tax Credit equity.  

920 was rezoned to District DX-10 (Downtown Mixed Use, 10 FAR) on October 10, 2019.  The Downtown Mixed-Use district is primarily intended to accommodate office, commercial, custom manufacturing, public, institutional, and residential development.  Additionally, 920 will seek property tax abatement through the Planned Industrial Expansion Authority (PIEA).  

 

Photography by:
©2020 Kelly Callewaert
@kellycallewaertphoto (social media)

information icon PROJECT INFORMATION

TBD

Total Project Cost

In schematic design

Construction Schedule

Developer

Role

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