Pinnacle In The News: The Lofts at the HUPP and Front Page Lofts

Check out this article in the St. Louis Business Journal that highlights Pinnacle’s ongoing work at the Lofts at the HUPP, and our upcoming project Front Page Lofts.

How timing on NGA, MLS has sweetened the deal for Screaming Eagle’s $40.5M city projects

“St. Louis-based Screaming Eagle Development is set to start site work this week at its latest city project, the $18.5 million transformation of 300 N. Tucker Blvd. into the Front Page Lofts. The commercial real estate firm is planning to redevelop the 120,000-square-foot, former Post-Dispatch building (the newspaper occupied the building for the first half of the 20th century before moving north) into a mixed-use building with office space on the first four floors and apartments on the top four. The 51 apartments will be divided among 15 two-bedrooms and 36 one-bedrooms priced from $1,150 to $1,700 a month. Office tenants will include the city’s Board of Elections, the building’s current tenant, as well as an undisclosed law firm and Screaming Eagle’s own office, said owner Matthew Masiel.”

“Screaming Eagle had 1815 Locust St., the 115,000-squre-foot former Tire Mart warehouse, under contract for several years before closing in 2019 for $3.2 million with Gershman Investment Corp. as the lender. In the two years it took Masiel to finalize financing at the site for The Lofts at the HUPP (named after the Hupmobiles manufactured there during the early 1900s), plans solidified for St. Louis’ first MLS stadium. The 70 apartments slated for the Downtown West building, expected to open next summer, will now have approaching views of the soccer stadium that will be two blocks away when it is completed in 2023. For both the Front Page Lofts and the Lofts at the HUPP, Screaming Eagle has tapped Pinnacle Contracting as the general contractor and Vince Ebersoldt of Ebersoldt + Associates as architect.”

(Excerpt taken from the St. Louis Business Journal, published Sept 30, 2020 by Steph Kukuljan).