![]() ![]() “We have no plans to change the tenants who are currently occupying any of these buildings or the way these businesses are operated. In a statement, Washington University said it sees this transaction as a way to preserve and support the vitality of the Loop and also to secure space for a few administrative offices close to the university’s main campus: “They’re just going to continue what’s been created over the many years.” ![]() “It’s very satisfying and gratifying to me that they’re going to be here and take good care of them and still rent to owner-operated places, minority businesses, clothing boutiques, art galleries and cool restaurants,” Edwards said. He added he’s pleased the university is the properties' new owner and expects that means the character and nature of the Loop will remain consistent. ![]() The specific points of the transaction were finalized late last year, Edwards said. “Little by little, over a period of time it evolved, and we decided and agreed on which properties to sell at this point in time and which ones not to.” Louis, not just the Delmar Loop,” he said. “I’ve always had a good relationship with Washington University because I respect them so much, what they mean to St. Neither party disclosed a purchase price.Įdwards still owns many other properties, including restaurants and music venues, along the entertainment district, including Blueberry Hill, Peacock Diner, the Pageant and Delmar Hall. The deal with Joe Edwards means the private university now owns the established Pin-Up Bowl and several other mainly vacant retail properties and two parking lots. Washington University has expanded its portfolio of commercial holdings with the purchase of nine properties along the Delmar Loop. ![]()
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