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AT&T Tower in St. Louis Going Back on the Market
The former AT&T tower building, Missouri’s largest building by square footage, is scheduled to hit the auction block once again. The 44-story building is located at 909 Chestnut Street, and a starting bid of $2.5 million will begin a three-day online auction, reported the St. Louis Business Journal.
The broker on the deal is Matt Bukhshtaber of CBRE‘s St. Louis office. SomeraRoad acquired the office tower for $4 million in April 2022. The more than 1.4 million square feet property, which is the largest in the state and in the St. Louis region, has sat vacant since AT&T consolidated its downtown employees to another building in 2017.
Per the outlet, the online auction listing notes that a new owner could access as much as $80 million in state and federal historic tax credits after the building was granted designation on the National Register of Historic Places in 2022.
