St. Louis Stamping Lofts Celebrates Grand Opening
A ceremony on April 17th featuring Missouri Treasurer Clint Zweifel and St. Louis Mayor Francis Slay marked the grand opening of St. Louis Stamping Lofts, an innovative low-income housing development consisting of 56 affordable studio apartments. Located just north of downtown St. Louis at 219 Cass Ave., St. Louis Stamping Lofts transforms the long-shuttered St. Louis Stamping Company building, which was built in 1870 and is listed on the National Register of Historic Places, into affordable living spaces. Each studio apartment is fully furnished including a TV, kitchen appliances, and other living necessities. St. Louis Stamping Lofts offers supportive services provided in partnership with St. Patrick Center to individuals dealing with homelessness, ex-offenders, veterans, and others with special needs. This investment represents the first partnership between Hammond Building, LLC, led by Craig Heller, and SLEFI. Pinnacle Entertainment, Inc. serves as a Co-Limited Partner in the investment.
St. Louis Stamping Lofts is the first phase in a larger planned development called FarmWorks, which will include a green business incubator and an urban farm that utilizes the additional historic buildings in the factory complex and adjoining open acreage. Gateway Greening, a local nonprofit organization providing the community with education, wellness, civic greening and food programs, will be involved with the indoor and outdoor farming and will help train the residents to grow and market food. Gateway Greening and St. Patrick Center will partner on this innovative training and job placement program.