ST. LOUIS — Armory STL, the entertainment complex in Midtown St. Louis will "temporarily close," the venue announced on Facebook.
Jacob Kirn with the St. Louis Business Journal reports the Armory's owner, Green Street, is seeking more financing to finish the project. Green Street principal Phil Hulse said an additional $7 million to $8 million was required to finish projects at Armory.
Read more from the St. Louis Business Journal.
The unfinished work includes event spaces on its lower level and roof.
Hulse told the Business Journal they are seeking partners with more cash and he anticipates the temporary closing will last about 30 days.
"It's pretty simple... the landlord was supposed to fund the buildout of the whole thing," said Jacob Miller, creator of the Armory concept, in a statement posted on Facebook. "When only a fraction was funded, we were left with an incomplete project and were drowning in debt. We are working to restructure the whole thing."
The Armory opened in December 2022.