When the plans for Avenida lofts were announced way back in 2006, I was skeptical. After all, the Avenida, located at 1225 Washington, was the third building in just over a year that Jacob Development was starting and the first wasn't even 25% sold (from memory). The second, the Bogen, was a huge project and hadn't begun sales. At the time, the number of spaces projected for development in the following year was a staggering 2265.
Obviously things didn't work out for the condos and the project was scrapped for a time, but fortunately, the momentum going on in Downtown St Louis procured another plan very quickly.
It was good news to hear the plan for mixed use commercial building with rental lofts and a couple new themed restaurants and even better to see construction starting up. Just last week, we started seeing ads for apartments at the newly named "Warehouse 7 Lofts."
Hopefully the project will, as expected, bring continued enthusiasm for downtown living as another piece of the downtown puzzle is put into place.