New $55 Million Development!

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Demolished!

The corner of Maryland and Gay, which once was a part of the Brown Shoe Complex, will soon be the home to a new $55 million dollar project from Covington Development. The city has approved the project to build a five-story mixed use building which will become known as The Vanguard. The Vanguard will include some 225 luxury condo units as well as many high-end boutique retail shops. These types of “mixed use” buildings which includes both residential and commercial space are becoming much more popular in the Chicago and NYC markets, and now right here in St. Louis. The project is beginning this summer and should be completed by 2017! Take a look at the progress of the demolition below. Check back in the future for a post on its progress!

Clayton has torn down a lot of its wonderful midcentury buildings. The one that was torn down here was just a bad 80’s-90’s office building, so I don’t see it as much of a loss. Clayton has not had a new condo development in many years, it will be exciting to have new, fresh condo inventory to sell!

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Covington Development also recently completed the new ‘West Pine Lofts‘ in the central west end near SLU.

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