ST. LOUIS (KSDK) - A downtown building on the national historic registry will be torn down next month if a buyer does not come forward with plans for renovation, St. Louis Mayor Francis Slay said Monday.
The city condemned Cupples 7, located at 11th and Spruce, in 2008. Surrounding streets were closed off to commuter and foot traffic in September 2011. The Board of Aldermen's Preservation Board voted to deny demolition of the building in 2011.
Mayor Slay said city engineers believe the building is an imminent danger and must be torn down or renovated immediately. Deputy City Building Commissioner Frank Oswald said it will take about a month to choose a contractor and prepare the site for demolition.
It will cost between $4 million and $8 million to eliminate the hazard, according to the mayor's office.
Former City Treasurer Larry Williams made a deal with the bank for the city to purchase the property for $850,000 in order to prevent another buyer from coming in and opening up a parking lot on the site.
Current City Treasurer Tishaura Jones said her intention is to demolish the building and convert the land into green space for a future developer.
Cupples 7 is a seven-story brick building built between 1894 and 1917 as part of the historic Cupples Station complex. The buildings were constructed by Eames and Young for woodenware merchant Samuel Cupples. The complex is on the National Register of Historic Places.