Thanks to a mild winter, Dominium Development expects construction on the Arcade Building located at 800 Olive St. in downtown St. Louis, to be completed on schedule by early December. Read more...
Click here to watch video on KSDK.com.
The project: The Arcade Building, an 18-story building that includes 500,000 square feet at 800 Olive St., downtown, is undergoing a redevelopment that will feature 202 lower-prices apartments and 80 market-rate one- to three-bedroom apartments, as well as artist studio space. Also, Webster University will lease part of the building for classes. Read more...
Once declared the world’s tallest reinforced concrete building, the century-old Arcade is under rehab as downtown St. Louis’ largest apartment development in decades...Read more
Dominium held the Arcade Groundbreaking Event Tuesday, September 30th at 11:00am. Read more or watch video.
KARE 11 News A-Mill & Schmidt Artist Lofts
KARE 11 News discusses affordable housing for artists in the Twin Cities. Interviews from Dominium Consultant, Tom Nordyke and Dominium Developer, Owen Metz.
Click here to watch video on KARE 11 News
Arcade renovation secures $77 million in financing
U.S. Bank closed on $77 million in tax-credit financing with developer Dominium to renovate the Arcade Building downtown. The renovation, at 800 Olive St., will include 202 lower-priced and 80 market-rate, one- to three-bedroom apartments. Read more...
Complex Financing Arranged for Historic St. Louis High-Rise Redevelopment
Plymouth, Minnesota-based apartment developer Dominium plans to convert the century-old Arcade Building located at 800 Olive St. in St. Louis, into a mixed-use space for university classes and 282 market rate and affordable-housing apartments. U.S. Bank has arranged several tax-credit financing packages of more than $77 million to fund the development. Read more...
U.S. Bank Provides $77 Million in Financing for Historic Arcade Building Conversion to Loft Apartments
ST. LOUIS, MO - U.S. Bank announced that it closed on several tax-credit financing packages of more than $77 million with Dominium, a leading apartment development and management company, to develop the century-old Arcade Building into a mixed-use space for university classes and 282 market rate and affordable-housing apartments. Read more...
U.S. Bank Closes on $77 Million in Financing for Historic Arcade Building
The renovation of the 18-floor, 500,000-square-foot building at 800 Olive St. includes 202 affordable and 80 market-rate apartments, ranging from one to three bedrooms. The affordable-housing units are specifically designed to meet the needs of artists, offering one- to three-bedroom apartments as well as over 13,000 square feet of artist studio space. Read more...
