City Foundry St. Louis opening: Latest updates, timeline
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After COVID-19 delayed it by a year, an opening date for the Food Hall in summer 2021 will be announced “very soon”
ST. LOUIS – The long-awaited food hall at City Foundry STL opens this summer, offering the public their first opportunity to get into the $ 300 million development.
Additionally, all of City Foundry’s original anchor tenants, including Alamo Drafthouse and Punch Bowl Social, are still under contract and expect construction to begin soon, the developer told Business Journal.
Note: The above video is from August 2020.
After COVID-19 delayed it by a year, an opening date for the Food Hall in the summer of 2021 will be announced “very soon,” said Steve Smith, whose company New + Found is developing the Midtown project. The foundry’s offices opened last year and open-air markets and concerts were held outside on the street. However, the Food Hall will be the first attraction in the City Foundry open to the general public.
The 20 seats in the Food Hall will be opened in two phases, with some providers being planned for a later second phase. Until the big announcement, Smith won’t reveal which restaurants will open first.
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City Foundry will then celebrate a series of grand openings over the next year as each anchor tenant builds and opens separately, Smith said. All are still registered and planning to open, starting with the Fresh Thyme Market grocery store, which is currently under construction and will open this fall.
That the project retained its anchor tenants is noteworthy considering the parent companies of two of them have filed for Chapter 11 bankruptcy protection in recent months. Denver-based Punch Bowl Social did so in December, followed by Alamo Drafthouse, based in Austin, Texas, in March.
Construction of the Alamo, a movie theater for dinner, and 18 Rails event space will begin in August or September, Smith said. Construction for Punch Bowl Social, a restaurant / arcade concept, began before the pandemic and is resuming after some design changes that Smith described as “technical”. The fourth anchor tenant, a German beer hall concept called Fassler Hall, will also be tackled in autumn.
Smith hopes to break ground in September or October for the second phase of the $ 115 million project, which will include 282 market-price apartments and more offices and will last two years.
“We’re going to be moving in some tenants, starting building other tenants, and starting construction on our second phase, so it’s going to be very busy,” Smith said of the fall.
City Foundry is located on 15 acres on Forest Park Avenue between Vandeventer and Spring Avenues in the former Century Electric Co. foundry complex in Midtown. It is the cornerstone of New + Found’s development portfolio, which was spun off from Smith’s architecture and design firm Lawrence Group last year.
Read the full update on the St. Louis Business Journal website.
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