Construction on Phase 2 of St. Louis’s Ballpark Village development is making progress, as a topping off ceremony for a new Class-A office building took place Wednesday.
Developed as part of a partnership between the St. Louis Cardinals and Baltimore-based developer The Cordish Companies, the ongoing expansion of Ballpark Village adds to the existing mixed-use area outside of Busch Stadium. One of the signature amenities coming to the development is a 120,000 square-foot office building that will be anchored by accounting firm PwC, and will also house a newly announced addition in the investment bank ButcherJoseph & Co.
Work on the building reached a milestone with Wednesday’s topping off ceremony, an event that is traditionally held when the last steel beam is put into place on a structure. In addition, a formal name was announced for the office tower, which has been branded the PwC Pennant Building. More from KMOX:
To those who say that’s just rearranging the deck chairs, Cardinals President Bill DeWitt III says you have to have realistic expectations, “We’ve only built a 120 thousand square feet of office. It’s a big building. There’s parking underneath, a rooftop deck and all that. But, at the end of the day it’s not a giant, additional influx of capacity into the marketplace.”
The PwC Pennant building opens in September.
DeWitt says if things go well selling phase two, the Cardinals will think about starting phase three.
The PwC Pennant Building is of the major features of Ballpark Village Phase 2, which also includes an apartment tower, new retail space, and a 216-room Live! by Loews hotel. Parts of Phase 2 of Ballpark Village will open later this year, including the office building and retail space. The hotel is currently expected to open in early 2020, with tenants moving into the new apartment building later in the year.
Rendering via One Cardinal Way.
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