University Square is seeking proposals to develop the North Hanley MetroLink Station and surrounding areas. University Square Community Development Corporation (USCDC) is working with the following Property Owners: Bi-State Development; University of Missouri; Geiger Hanley LLC, and Geiger Real Estate, Inc. to bring about the development of property at and adjacent to the North Hanley MetroLink station in unincorporated St. Louis County, Missouri.
On behalf of the property owners, University Square is soliciting proposals from qualified developers to develop all or parts of the Southeast Quadrant of North Hanley and I-70. The development area fronts on both the north and the south side of University Place Drive between North Hanley Road and a southern portion of the MetroLink. This map highlights the Proposal Area.
“The project area represents one of the fastest growing economic and employment hubs in the region. At the core of this growth sits the North Hanley MetroLink station, one of the busiest stations in the MetroLink rapid transit system, only one stop from the Airport. The project area and adjoining MetroLink station are located a short distance from major employment centers such as Boeing, St. Louis Lambert International Airport, Emerson, Express Scripts, North Park and adjoining UMSL, the largest public research institution in the region. A recent Urban Land Institute Technical Assistance Panel, included as part of the supplemental materials of this RFP, highlights the untapped potential for the project area. The 3-mile radius around the site also captures a growing workforce of over 62,000 jobs, 11,000 UMSL students, 2,500 UMSL faculty and staff, and 2,900 daily MetroLink commuters. The close proximity to St. Louis Lambert International Airport, major employment centers and institutions offers a valuable opportunity for the mixed-use development aimed at servicing the economic growth of the St. Louis Region,” said Enrique Flores, Director of Real Estate Development, University Square Community Development Corporation.
The North Hanley Station was one of the three stations that CMT and AARP St. Louis highlighted with their placemaking work this past fall. Long term, CMT and AARP’s report calls for a mixed-use development to activate the space and improve safety and security.
According to University Square’s RFP, guiding principals for any proposal submitted include:
• The University seeks a high-quality development that is complementary to the University’s environment and operations, which will attract interest and that is supportive of our campus and neighborhood.
• The developer must have demonstrated experience in planning, financing, and developing the scale, kind and complexity of the development being proposed.
• The University must receive fair market consideration for the terms and conditions negotiated in the ground lease and property sale.
• The Development should be consistent with the UMSL 2013 Master Plan.
• The Development will not require any commitments, financial or otherwise, from the University for parking, utilities, maintenance, operations, staffing and security support or similar. This includes any in-kind support that pre-exists on the University campus or is developed in the future, at any level or in any form.
• The Development shall cover all costs for removal of hazardous materials, subsurface conditions and other unforeseen conditions. All hazardous materials removal shall be conducted in a legal manner in compliance with all local, state and federal regulations.
The response deadline is August 15, 2017.