Tuesday, June 7, 2016

Novelly's $68.5M Clayton Office Project Moves Forward

Apogee Office TowerApogee Associates, LLC and Jared Novelly, head of Crest Management and son of Apex Oil Chairman Tony Novelly, have a public hearing set for June 14th with the city of Clayton, Missouri for their proposed $68.5 million office tower. Plans for the new 14-story office tower were first revealed last November, which would remove an existing unoccupied two-story retail building that has sat vacant for years after tenants left ahead of previous development plans. After the public hearing, the project will go before Clayton's Board of Aldermen on June 16, with plans to begin construction this year.

Dubbed the Apogee Office Tower, the Class A structure at 8125 Forsyth Boulevard in downtown Clayton would be the first major office building in Clayton since the 17-story Centene Plaza building opened in June 2010. Designed by ACI Boland Architects, the tower tops out at 230 feet and offers 233,226 square feet of space. Apogee's proposed 14 floors is the most Clayton zoning regulations allow for the site, said Richard Clawson, an ACI Boland architect. Apogee's design application to the city said that the building would complement the adjacent office building and "present a unified presence to the western entrance to downtown Clayton." The building will be connected to the existing parking garage situated behind adjacent buildings occupying the block of towers, and has a proposed drive through on the first floor for a future bank tenant.

For more news and information visit Blumberg Partners.

No comments:

Post a Comment