One AT&T Center Redevelopment — Downtown St. Louis

About This Project

One AT&T Center — the 44-story tower that dominated the St. Louis skyline for decades as the AT&T corporate headquarters — sat entirely vacant after the telecommunications giant vacated the building, leaving the city's second-tallest skyscraper as a hollow symbol of downtown disinvestment. The property was acquired by a Boston-based developer for a reported $3.5 million — a price that reflects both the enormous cost of renovation and the speculative opportunity of bringing a landmark tower back to life. The redevelopment plan calls for mixed-use conversion: market-rate apartments, condominiums, ground-floor retail, and commercial office space. To make the economics viable, developers are pursuing up to $300–350 million in Tax Increment Financing (TIF) — among the largest TIF requests in St. Louis history — from the city and state. TIF would fund the extraordinary structural and systems work required to convert a 44-story 1980s office tower. The building sits in near-direct sightline of the Gateway Mall — the one-mile green corridor running west from the Gateway Arch past the Old Courthouse (where the Dred Scott freedom case was heard), past the Veterans Memorial, past Kiener Plaza, and toward Union Station. Activated residential floors at this address would offer views that are essentially unmatched in Missouri. If completed, the project would be the most significant single act of downtown St. Louis revitalization in a generation.