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Reforming The O ld Carter Carburetor Factory

The Grand Shopping Complex. The. Grand. Shopping Complex. Reforming The O ld Carter Carburetor Factory. The Carter Carburetor Factory Now. Background/Space.

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Reforming The O ld Carter Carburetor Factory

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  1. The Grand Shopping Complex • The • Grand • Shopping Complex Reforming The Old Carter Carburetor Factory

  2. The Carter Carburetor Factory Now Background/Space • The Carter Carburetor Corporation (also know as the Carter Automotive Company Inc.), on 2840 N. Spring Avenue, has laid vacant since the 1990s when the automotive plant closed.

  3. Our Purpose • We want to demolish the old Carter Carburetor Corporation building on North Grand, and make it The Grand Shopping Complex, a multifaceted entertainment center with shops/restaurants/and other entertainment venues like a movie theater and gaming areas. • The building which takes up an entire city block is three stories high and over 300 feet long, the perfect place for a downtown shopping epicenter. • A mall downtown will revitalize the city area and bring even more revenue. GSC GSC GSC GSC GSC GSC

  4. First Level The Grand Shopping Complex Legend Welcome to The Grand Shopping Complex Parking Lots First Level Second Level Third Level Second Level Third Level First Level Restaurants Shopping Help/Emergency Movie Theater Plants/Trees Plants/Trees Parking Lot Second Level Third Level

  5. Eco-Friendly • We want The Grand Shopping Complex to be green and eco friendly. So on majority of the roof, we would like to have solar panels installed to keep the energy costs down. • At New Jerseys, Glimcher’s Jersey Gardens Mall, 11 % of the mall’s electricity is acquired from solar panels. • We would also like to start a partnership with AmerenUEto get the solar panels at a rebate.

  6. Development Cost • To build The Grand Shopping Complex, it will cost roughly $50 million. • $15 million to demolish the current building • $11 million for materials • $9 million for labor • $2 million for machine costs • $4 to $7 per watt per sq. feet for solar paneled roof

  7. Proximity • 9 minutes from Downtown St. Louis. • 10 minutes from Edward Jones Dome. • 12 minutes from Barnes Jewish Hospital Plaza. • 28 minutes from Creve Coeur.

  8. Partnerships & Funding's • We want to get a Environmental Grant or something similar to the Federal Tax Credits for Consumer Energy Efficiency, because of the solar panels. • Partnerships with the City of St. Louis, Pulaski Bank and local investing companies like Stifel or Central Trust & Investment Company. • We’ll also acquire a TIF or tax increment financing worth hopefully $40 to give us some breathing room.

  9. Jobs: Who are we employing? Construction (Experience Required) • Architects • Electricians • Carpenters • Structural steel erectors, • HVAC workers (for heating, cooling and ventilation) • Roofers • Brick layers • Other specialties like flooring etc. Mall Employees (Experience Needed) • Security • Managers and Assistant Managers • Chefs, Hostesses and Waiters • Store Clerks • Movie Attendants • Emergency workers

  10. Why Downtown/How will this help the Downtown area? • The Grand Shopping Complex will not only revamp the North Grand area, it will also bring revenue and jobs back to the city. • With the new mall built, we expect a +50% increase in city revenue with the just this one block of property. • Based on our research 45% of people that live and visit St. Louis enjoy shopping and eating but the big malls are located in the county (The Galleria, West County, Chesterfield, The Mills), which for some is a long drive.

  11. The Grand Change: Impact • Many people’s lives will be changed by this development because jobs will be brought back to the city. • We also hope that with our mall having solar panels, the city of St. Louis and other surrounding areas will begin using solar panels as well. • The Grand Shopping Complex is right on a bus line, so countless people will be able to go shopping without the hassle of driving long distances.

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