Sunday, September 18, 2011

Koman to Tackle Cupples Station #9...Hopefully Soon

At the end of the Cardinals game the other night, the Fox Sports Midwest broadcast featured a shot of fans filing out of Busch Stadium near the Musial statue, with Cupples Station off in the background.  To the right was the beautifully renovated cluster of warehouses that comprise the Westin hotel; to the left was the long-vacant Cupples Station #9, lurking in the darkness.  It made for quite a contrast.

The good news is that #9 will be receiving a $30 million makeover soon.  The Koman Group is planning on converting the warehouse at 900 Spruce Street into 132,000 sf of office space, with 16,000 sf of first-floor retail/restaurant space.  Koman has also acquired an adjacent lot, which would be a prime location for future development, but will likely be used for parking for some time.

Marketing and PR firm Osborne & Barr, currently located in Cupples Station #8 at 914 Spruce, has signed on to occupy floors 2, 3 & 4 of the building, accounting for 45% of the space.

The project is slated for completion in 2013.  After decades of dormancy, eight of the nine buildings that make up Cupples Station are now accounted for - only #7 at 11th and Spruce remains undeveloped.

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