Overview

Challenge

The St. Louis Metropolitan YMCA was gifted The Marquette Building as a charitable donation, but needed a partner to execute a renovation of the 250,000-square-foot turn-of-the-century building located in the heart of downtown St. Louis. The YMCA did not have the resources or financial experience to take on such a large and complex undertaking.

Solution

Lawrence Group was able to create a unique program that allowed the YMCA to benefit from the donation while creating a real asset to the owner, investor and to the city of St. Louis. The $56 million redevelopment comprised a mix of uses, including a YMCA at no cost to them as well as 81 condos, 36 apartments, commercial office and retail.