Local civic groups buy Kiener Plaza’s garages, with big plans for improvements

St. Louis civic groups buy downtown garages with plans for upgrades, retail

Two parking garages just north of downtown St. Louis' Kiener Plaza will undergo renovations its new owners hope will bring new retail.

Civic Groups Buy Kiener Plaza Garages With Big Plans - Construction Forum

Two of downtown St. Louis’ most prominent parking garages are under local control after Arch to Park Equity Fund, Gateway Arch Park Foundation, and the Berges Family Foundation closed on the purchase of the Kiener East and West parking garages last week. The transaction means the garages’ operations will be managed by local “civically minded” organizations with longer-term visions than the previous owner, an out-of-state real estate investment t…

Local civic groups buy Kiener Plaza’s garages, with big plans for improvements

Arch to Park Equity Fund, Gateway Arch Park Foundation, and Berges Family Foundation want to revitalize the downtown structures.