Situated in the pulse of downtown St. Louis, 700 Market Street, crafted between 1974 and 1977, rises as a six-story office building. Designed by Philip Johnson, the building was originally named the General American Life Insurance Company National Headquarters. On the 27th of March, 2008, it was added to the National Register of Historic Places, and also awarded LEED Gold Certification by the U.S. Green Building Council.
American Life moved out of the building in 2004, and in 2005, Centaur Properties of New York purchased it for $6.5 million. Centaur had a $10 million renovation plan in place in 2010 to help attract potential tenants, however the investment never occurred. A new chapter began in 2014 when the Koman Group bought the building and began renovations. These renovations, which included demolition by Tarlton and interior design by Arcturis, cost a total of $46.4 million.
Upon completion of the redevelopment in 2015, the building was renamed 700 Market, and Spire Inc. moved into the building on a 20-year lease. They have occupied it since March 2015. In December 2021, 700 Market was jointly sold by the Koman Group to Arch Street Capital Advisors - a New York City-based private equity firm - and Orion Properties - a Phoenix, Arizona-based firm - for $30.5 million.
Sources: Wikipedia, OpenStreetMap, Wikidata, Wikimedia Commons
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