Under New Owner, Remaining City Hospital Buildings to be Converted to Apartments

By on May 18, 2018

From St. Louis Post-Dispatch:  The remaining buildings of the old City Hospital complex on Lafayette Avenue have a new owner, with plans to convert them into 74 apartments.

Indianapolis-based Pearl Cos. bought the structures on the former hospital grounds in the Peabody Darst Webbe neighborhood on the edge of Lafayette Square from a company affiliated with developer Gilded Age, led by Chris Goodson. Gilded Age in 2005 had rehabbed the main hospital building into 104 condominiums now known as the Georgian.

But the remaining four structures that sit along 14th Street between the Georgian condos and the Palladium event space were never redone.

Pearl Capital Management President Jeff Tegethoff said the company expects to begin work on the $16 million project next month and have the apartments ready for occupancy in about a year.

“This entire complex holds such a significant part of the daily history of St. Louis,” said Joel Fuoss, principal of Trivers Associates, the architect for the project. “With this moving forward, it can complete the reuse of this complex begun over a decade ago while creating new, unique, and well-designed places for people to live.”

The City Hospital site dates to the 1840s, when the city founded it in response to a major cholera outbreak. The original hospital was destroyed by a fire in 1856 and rebuilt, only to be destroyed by the Great Cyclone of 1896.

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