Excerpt from article featured in the St. Louis Post-Dispatch
An Indianapolis developer plans to transform the block around the Forest Park-DeBaliviere MetroLink station with a $70 million development adding 265 apartments and 34,000 square feet of retail.
The Bi-State Development Board of Commissioners on Friday voted to proceed with the project. The Bi-State-owned parking lot at the northwest corner of Forest Park Parkway and DeBaliviere Avenue along with the drop-off lot on the east side of DeBaliviere Avenue are targeted for new apartment and retail buildings.
The privately owned strip mall to the north of the Bi-State parking lot is also part of the project, slated for a four-story, 106-apartment building with 16,000 square feet of ground-floor retail.