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Monday, July 30, 2012

Pruitt-Igoe Getting Second Life with Tours, Creative Projects

Posted By on Mon, Jul 30, 2012 at 10:20 AM

Page 3 of 4

  • Leah Greenbaum

Well, probably not. But, despite the demolition and piles of rubble that cover the site plenty of manholes are still visible and functioning. Allen says the entire underground infrastructure of the sight is still intact, meaning steam tunnels, sewers, electric wiring and all that stuff is still there. Wishful thinking or laziness around demo time?

3. Real estate deal of the century?

McKee has an exclusive two year option on the Pruitt-Igoe site that cost him $100,000. If he chooses to take over the site for good, the city will sell for $900,000. That's just $1,000,000 for 33 acres of land just two miles away from downtown St. Louis. Sure, Pruitt-Igoe may be full of decades-old landfill and pollution, but if that's not the real estate deal of the century, we don't know what is. There are 2,000 square foot apartments in Clayton that cost more.

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