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505 Washington Avenue Redevelopment

Sector: Residential • Location: St. Louis, Missouri, United States

Source: The Business Journals

Project
Under Construction

The $4.59 million redevelopment of 505 Washington Avenue, a vacant downtown office building, is 75% complete after delays caused by the Covid-19 pandemic and issues with historic tax credit approvals. The project secured $657,000 in federal historic tax credits and $821,250 in state historic tax credits. The Land Clearance for Redevelopment Authority designated P&F Properties LLC as the redevelope

Status
Under Construction
Sector
Residential, Commercial
Location
St. Louis, Missouri, United States of America
Updated
22 Jul 2026
Source
The Business Journals

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Project Information

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The project “505 Washington Avenue Redevelopment” is an infrastructure initiative in the Residential sector, located in St. Louis, Missouri, United States. Taiyo aggregates data on it from The Business Journals.

Participants

Not available for this record.

Status

Original status

under construction

Taiyo status

Under Construction

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The $4.59 million redevelopment of 505 Washington Avenue, a vacant downtown office building, is 75% complete after delays caused by the Covid-19 pandemic and issues with historic tax credit approvals. The project secured $657,000 in federal historic tax credits and $821,250 in state historic tax credits. The Land Clearance for Redevelopment Authority designated P&F Properties LLC as the redeveloper and approved a redevelopment agreement with a 10-year property tax abatement at 80% of the assessed value of the project's incremental improvements.

Original sector

Built Sector

Budget

Location

Country

United States of America (USA)

State

Missouri

City

St. Louis

Source

Source

The Business Journals

URL

More Details

Record type

Project

Sector

Residential, Commercial

Article published date

2025-11-22

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