The St. Louis Cardinals and The Cordish Companies celebrated a major milestone today of the $260 million expansion of Ballpark Village with the opening of the Class-A Office Tower – The PwC Pennant Building – marking the first building to open within the second phase. Anchored by PwC, a global network of firms delivering assurance, tax and consulting and longtime major employer in downtown St. Louis, The PwC Pennant Building opens as the first new construction office building built in downtown St. Louis in more than a generation.
“It has been exciting to watch the progress of Phase 2 take shape, and we’re thrilled to cut the ribbon on the brand new PwC Pennant Building,” said Bill DeWitt III, Team President, St. Louis Cardinals. “We welcome two new groups to the neighborhood – PwC and ButcherJoseph – and look forward to having FOX Sports Midwest move in shortly as well.”
“It is an honor for The Cordish Companies to celebrate this exciting milestone with the DeWitt family and the St. Louis Cardinals,” said Blake Cordish, Principal, The Cordish Companies. “Ballpark Village is setting the gold standard for sports-anchored developments in the country. The PwC Pennant Building will be an incredible anchor for Ballpark Village and its opening is a tremendous step forward in fulfilling our vision of creating a world-class, mixed-use neighborhood next to Busch Stadium.”
The PwC Pennant Building is part of a dynamic plan by the Cardinals and The Cordish Companies to transform the existing Ballpark Village dining and entertainment district into a vibrant 24/7 downtown neighborhood for St. Louis. The PwC Pennant Building kicks off a series of openings in the neighborhood over the next several months adding 700,000 square feet of dining, entertainment, hotel, residential, retail and lifestyle amenities to downtown. Once complete, the second phase expansion will complete a full build-out of Clark Street, transforming it into one of the most exciting streets in all of professional sports.
Located at the corner of Walnut and 8th Streets, The PwC Pennant Building anchors the west end of Cardinal Way, the new street that is emerging through the new neighborhood from 8th Street to Broadway. The 11-story office tower, designed jointly by HKS Architects and TAO + LEE Associates, Inc. and constructed by PARIC Corporation, features street level retail space, modern office amenities and more than 460 structured parking spaces. In addition, PwC’s space includes a private rooftop deck providing incredible views of Busch Stadium, downtown St. Louis and the Gateway Arch.
The Cardinals and The Cordish Companies are also pleased to announce that FOX Sports Midwest will move its business offices to The PwC Pennant Building, joining anchor tenant PwC and investment banking firm ButcherJoseph. FOX Sports Midwest, the television home of the Cardinals and St. Louis Blues, is one of the most watched regional sports networks in the nation. FOX Sports Midwest’s primary studio is inside the existing first phase of Ballpark Village. A second studio will be built in the new office space, which will increase the network’s production capacity.
The new Ballpark Village neighborhood will also include an upscale hotel, Live! by Loews – St. Louis, opening Q1 2020, and a 29-story luxury residential tower, One Cardinal Way, opening Q2 2020, as well as a three-story retail pavilion overlooking the new plaza. The second phase expansion is adding 75,000 square feet new of dining, entertainment, retail and lifestyle space including Onelife Fitness, Sports & Social St. Louis, Davio’s Northern Italian Steakhouse and Baseballism and will join a strong lineup of dining, entertainment and retail concepts at the existing Ballpark Village including Cardinals Nation, FOX Sports Midwest Live!, Budweiser Brew House, PBR St. Louis, the Crown Room, Prairie Farms Dugout, Tengo Sed, Shark Bar, Drunken Fish, The Fudgery, the Bud Shop and the Majestic Store.
The first phase of Ballpark Village has played a pivotal role in the revitalization of downtown since opening in 2014, creating more than 1,000 construction jobs and 1,700 new permanent jobs when it opened. The second phase of Ballpark Village stands to create 1,500 construction jobs and more than 1,000 new permanent jobs.
The construction of Ballpark Village’s expansion represents the next step in the Cardinals’ vision for downtown St. Louis that began with the opening of the new $411 million privately-financed Busch Stadium in 2006. Located on 10-acres north of Busch Stadium, Ballpark Village is the first master-planned development designed around a new Major League Ballpark.
For more information on Ballpark Village and its expanding neighborhood, visit www.stlballparkvillage.com. For more information on leasing an apartment at One Cardinal Way or to schedule a tour, visit www.OneCardinalWay.com, call 314-621-0001, or stop by the One Cardinal Way Leasing Office located on the north side of Ballpark Village at 601 Clark Ave.
