Merchandise Mart
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1000 Washington Ave.
St. Louis, MO 63101
(Map this address with Yahoo! Maps)
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Historic Restoration, Inc. (HRI) is the developer of this mixed-use project. Forty percent of the apartments are income based apartments, eligible only for residents earning less than the median income in St. Louis.
Commercial tenants include Kitchen K a major restaurant on the northeast side of the building. Estimated project cost for this was $1 million and Lee J. Clothing Store. This cost an estimated $250,000.
The seven-story, 340,000 square-foot Merchandise Mart building was crucial to the city's dry goods and clothing industry for more than 100 years. John E. Liggett and George S. Myers of Liggett and Myers Tobacco Co. built the Merchandise Mart in 1880. An effort to rehabilitate the building in the mid 1980s failed with the change in tax laws. HRI took over ownership and renovated the building, opening the units in late 2003.
An example of Richardsonian Romanesque Revival style, the building was designated a city landmark in 1979 as "The Mart" and listed on the National Register of Historic Places in 1984 as the "Liggett and Myers/Rice-Stix Building.
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Developer Historic Restoration, Inc.
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Owner Merchmart, L.L.C.
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Architect Isaac Taylor
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Square Footage 340,000
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Project Cost
$ 47,000,000
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Funding Source(s)
$2M Brownfield Remediation Tax Credits, Low-Income Housing Tax Credits, Historic Preservation Tax Credits
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Status Completed
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