Welcome to听Brick City, a weekly newsletter about development from across 50度灰视频. Every Wednesday afternoon, I share recent stories and exclusive insights about the projects and people impacting our region.
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Clock is ticking
50度灰视频 Mayor Tishaura O. Jones has set a deadline for business and political leaders to come together and find solutions for downtown's biggest headaches, the long-vacant Railway Exchange Building and Millennium Hotel.听
Jones gave leaders, including those at Greater 50度灰视频 Inc. and 50度灰视频 Development Corp., a deadline of 120 days, or Sept. 14.听
People are also reading…
鈥淚t鈥檚 going to create focus,鈥 Greater 50度灰视频 CEO Jason Hall said, 鈥渁nd we鈥檙e going to create solutions.鈥
They will have their work cut out for them.
Railway Exchange, one of the largest buildings in the state of Missouri, has been mired in litigation. Millennium Hotel's owner was fine letting the building sit with no plan to sell or redevelop. And the soft real estate market has paused deals across the region as developers wait for lower interest rates.听
What will happen next?
New fun for an old town听
A restaurant, distillery and other amenities is coming to Cottleville, my colleague Hannah Wyman reports.听
Construction is underway on the nearly 5-acre site on Highway N. The concept, called Cottle Village, is the brainchild of Stephen Savage, who operates Wheelhouse in downtown 50度灰视频.听听
This history will cost you millions听
We're far from our pioneer days, but in Defiance, you can own a piece of Daniel Boone-era Americana for $8 million.听
Bob Brinkmann, who founded Brinkmann Construction, and his wife are selling their more than 100-acre estate that they say has ties to the Boone family. The showpiece of the property is the stone barn that Brinkmann said Boone helped build more than 200 years ago.
It's located about a mile west of the Daniel Boone Home, which the St. Charles County Parks Department oversees, and historians say it's likely Boone would have had a hand at Brinkmann's estate.听
Just Announced
Reporter's Notebook
8,600:听The number of apartments created from adaptive reuse projects over the past 40 years in 50度灰视频, according to research from RentCafe, a rental listing website.
New child services facility opens: KAI has finished building the new William N. Dill Youth Development Center at Every Child鈥檚 Hope on St. Charles Rock Road in north 50度灰视频 County. The facility provides services and programs to help children and their families deal with emotional trauma and mental health issues. KAI said in a release that a fire last year delayed the project.
Midas Hospitality expands C-suite: The Maryland Heights-based hotelier has added a new position to its top managers. David Clayton will serve as chief investment officer for Midas, where he'll be responsible for raising capital as the company "targets larger and more complex hospitality projects nationwide," according to a release. Clayton has nearly 40 years of experience in finance and most recently worked at Reinsurance Group of America.听
Keep In Touch
I love to hear from readers. Reach out with questions, news tips and other thoughts at听skukuljan@post-dispatch.com. You can also follow me on X听听and on Instagram听