Workers have removed the water and electrical services to the historic livery stable at 3401 Locust Street owned by St. Louis University. A demolition permit has not yet been issued.
According to sources, two of the biggest development players in the "Automobile Row" area on Locust and Olive Streets have made offers to buy the livery stable in the past. The first came when the building was last offered for sale, and the second after the university purchased it.
The building is eligible for listing on the National Register of Historic Places and for state and federal historic rehabilitation tax credits. Both potential developers were examining conversion to housing, office and retail spaces.
Meanwhile, north of the stable are large surface lots that could be sites for multi-level parking garages to serve both the St. Louis University arena and the Locust Street business district.