Tuesday, July 31, 2007

The Makings of an Incredible Downtown Office

According to MayorSlay.com, Cannon Design has purchased the long-vacant Power House Building at 11th and Clark and will be relocating its offices there from One City Centre.

Designed to house boilers that provided steam heat to 12 municipal buildings, the building is basically just a shell: four non-load bearing exterior walls with no interior floors. Despite its attractive appearance, the challenge of constructing a "building within a building" has scared off many prospective developers over the years.

This project will serve as a western anchor to Cupples Station and play a role in the continuing revitalization of the southern end of downtown. Cannon is the third-largest architecture firm in the St. Louis area and has 40 architects working in its downtown office.

A Pleasant Side Effect of the Demise of Centene Plaza

Rumors had been circulating that Armstrong Teasdale was planning on moving to space in Centene's proposed headquarters tower in Clayton. However, now that Centene has scrapped its plans, it's sounding like Armstrong Teasdale will remain downtown. According to Joe Whittington of the Post-Dispatch, the firm has narrowed its choices to either leasing new space at Ballpark Village or renewing its lease in Met Square. Either option would be huge for downtown.

Armstrong Teasdale is currently ranked #3 on the St. Louis Business Journal's list of St. Louis' largest law firms with 174 attorneys.