excerpt from article posted in the St. Louis Business Journal
Construction has begun on the $130 million redevelopment of the historic Butler Brothers building in Downtown West.
Memphis, Tennessee-based Development Services Group purchased the 735,000-square-foot, long-vacant building for $6 million in late 2020, planning to transform it into a mixed-use complex with 384 apartments, coworking offices, and a restaurant and bar space on street level.
The building, which spans a full city block at 1717 Olive St. between 17th and 18th streets, previously served as a warehouse in the once-thriving Garment District. The reuse of the building is seen as a signal of a revival of interest in the Downtown West neighborhood centered around the nearby $461 million Centene Stadium, which the St. Louis City SC Major League Soccer team will start playing in next year.
