Tracking the projects, businesses, and investments shaping the St. Louis metro region.

The St. Louis metro region continues to build momentum with major redevelopment projects, commercial investment, and business expansion. From transformative downtown construction to new business openings and neighborhood revitalization, here’s what is shaping the region this week.

Development Spotlight

City Commons Redevelopment Reaches Major Milestone

Construction is officially underway on Rollick, a six-story mixed-use development that marks the first major phase of the ambitious $400 million City Commons redevelopment in Downtown West.

The $24 million project will feature 74 apartments and approximately 3,000 square feet of street-level commercial space, creating new housing and retail opportunities just west of Energizer Park. City Commons is expected to ultimately deliver more than 1,000 residential units and hundreds of thousands of square feet of commercial space, helping transform Downtown West into a vibrant live-work-play neighborhood.

Business Expansion

Royal Banks Continues Regional Growth

Royal Banks is expanding its footprint with a new full-service branch under construction in Glen Carbon, Illinois. The investment reflects continued confidence in the Metro East market while strengthening banking services for residents and businesses throughout the region.

Construction & Community Investment

Habitat for Humanity Announces 40-Home Development

Habitat for Humanity Saint Louis has unveiled plans to build 40 new single-family homes in the Vandeventer neighborhood as part of its “40 Years. 40 Homes.” initiative.

Backed by $17 million in financing, the project represents a significant investment in affordable housing and neighborhood revitalization while creating new homeownership opportunities for local families.

Grand Openings & Ribbon Cuttings

Elevator Co-Warehousing Opens St. Louis Location

Entrepreneurs, makers, and e-commerce businesses have a new resource in St. Louis as Elevator Co-Warehousing celebrates the grand opening of its newest facility on Thursday, August 20.

The community event will feature a ribbon-cutting, facility tours, networking opportunities, food, and local business showcases, highlighting continued growth in the region’s logistics and small-business ecosystem.

Business Buzz

Several new restaurants and retail concepts are preparing to open throughout the metro area this month, including The Clydesdale at Ballpark Village, Lona’s Lil Eats in Kirkwood, Firebirds Wood Fired Grill in Creve Coeur, and Playa Bowls in Ladue. These expansions continue to strengthen St. Louis’ dining and retail landscape.

By the Numbers

  • $400 million planned investment in the City Commons redevelopment.
  • 74 new apartments breaking ground in Downtown West.
  • 40 affordable homes planned for the Vandeventer neighborhood.
  • Multiple ribbon cuttings and business expansions scheduled across the metro this month.

Looking Ahead

Watch for additional announcements over the coming weeks as commercial projects continue moving forward across the region, including new mixed-use developments, restaurant openings, retail expansions, and infrastructure investments that are helping shape the future of St. Louis.

The STL Growth Report celebrates the businesses, builders, and bold ideas driving the St. Louis region forward.