Old Post Office Project Moves Forward
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In October 2004 the GSA transferred title of the Old Post Office to the Missouri Development Finance Board (MDFB), a division of the State of Missouri. The MDFB entered into a master lease for the entire building for 99 years to a partnership in which an entity affiliated with DESCO and DFC is the General Partner. The partnership will then sublease space in the building to various tenants including the Missouri Court of Appeals, Eastern District; Webster University; the St. Louis Public Library; The Pasta House Company; and the St. Louis Business Journal.
The Missouri Court of Appeals, Eastern District, will occupy the entire third and fourth floors. The massive two-story courtroom in the southwest corner of the third floor will once again be utilized as a courtroom for the first time since 1935. The courtroom in the southeast corner of the third floor will become the law library for the Court.
Webster University will expand its downtown St. Louis campus and will occupy all of the Mid Level (first level below grade), with a small administrative office on the Mall Level (street level).
The St. Louis Public Library, Pasta House Pronto, and the St. Louis Business Journal will occupy prime space on the Mall Level, with 3,000 square feet currently available. The plans also call for a 1,050 car parking garage known as the "Ninth Street Garage" being developed by DESCO/ DFC to be owned by the Missouri Development Finance Board on the site immediately to the west of the Old Post Office. This garage will have over 20,000 square feet of street level retail space available. The projected timeline for the project is 15 months for the Old Post Office and 23 months for the Ninth Street Garage.
The addition of the $77 million Old Post Office (OPO) project to downtown will bring the total invest in downtown St. Louis to over $2.5 billion since 1999. For more information and leasing opportunities contact Gwen Knight or Mike Goellner of the DESCO Group at 994-4444.

In October 2004 the GSA transferred title of the Old Post Office to the Missouri Development Finance Board (MDFB), a division of the State of Missouri. The MDFB entered into a master lease for the entire building for 99 years to a partnership in which an entity affiliated with DESCO and DFC is the General Partner. The partnership will then sublease space in the building to various tenants including the Missouri Court of Appeals, Eastern District; Webster University; the St. Louis Public Library; The Pasta House Company; and the St. Louis Business Journal.
The Missouri Court of Appeals, Eastern District, will occupy the entire third and fourth floors. The massive two-story courtroom in the southwest corner of the third floor will once again be utilized as a courtroom for the first time since 1935. The courtroom in the southeast corner of the third floor will become the law library for the Court.
Webster University will expand its downtown St. Louis campus and will occupy all of the Mid Level (first level below grade), with a small administrative office on the Mall Level (street level).
The St. Louis Public Library, Pasta House Pronto, and the St. Louis Business Journal will occupy prime space on the Mall Level, with 3,000 square feet currently available. The plans also call for a 1,050 car parking garage known as the "Ninth Street Garage" being developed by DESCO/ DFC to be owned by the Missouri Development Finance Board on the site immediately to the west of the Old Post Office. This garage will have over 20,000 square feet of street level retail space available. The projected timeline for the project is 15 months for the Old Post Office and 23 months for the Ninth Street Garage.
The addition of the $77 million Old Post Office (OPO) project to downtown will bring the total invest in downtown St. Louis to over $2.5 billion since 1999. For more information and leasing opportunities contact Gwen Knight or Mike Goellner of the DESCO Group at 994-4444.















