CLAYTON, Mo. —
St. Louis County has released sale details for the property and vacant lot it sold to a developer, which has proposed a high-rise apartment tower at the site.
An entity called Clayton City Ventures LLC, an affiliate of Kansas-City-based Revive Capital, purchased the World Trade Center building at 121 S. Meramec in downtown Clayton, and a grass lot at 111 S. Meramec, for $3.8 million, the county said in a news release Thursday.
The property sale closed Wednesday, a spokesman said.
Revive has submitted documents to the city of Clayton to build 299 apartments in a 21-story story tower on the 111 S. Meramec property, which would connect to part of the existing structure of the World Trade Center for parking.
The building once served as the global headquarters for soft drink company 7-Up, which left in the 1970s to move its headquarters to Dallas.
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