Due to a longstanding relationship with the upper management of Enterprise, Tom and Harold Helmkampf were selected to work as the Owner’s Representative for the development of the Parking Garage and the Headquarters Building located in Clayton Corporate Park. The site was previously a small Hospital Campus. It is a highly visible Corporate Campus along I-170 in Clayton, Missouri.
Tom and his father, Harold
The initial assignment was to develop and build a multi-story parking garage along I -170 that would serve current and future buildings on the Corporate Campus. The Challenge was that during demolition of the old hospital structure the previous Owner buried a large portion of the demolished materials under the parking garage site.
The Helmkampf’s worked closely with the General Contractor to field verify and map the extend of the underground rubble with Xray and borings. The team then developed a grid pattern for subsurface bored piers that was most cost effective to support the parking garage in a field of rubble. An added innovation to the design, proposed by the Helmkampf Team, was to install openings in the barrier walls on the top level of the parking garage with removable safety gates to allow snowplows to push snow from the top level completely off the structure.
The second assignment was the development and construction of the 5 Story Headquarters Building across from the Parking Garage. Tom and Harold worked closely with the General Contractor, Architect, and Client to deliver a first-class Corporate Headquarters on time and within budget. Close attention was paid to the exterior design to help maintain the Class A look of the other buildings in the Corporate Park.
Are you interested in investing in Commercial Real Estate or have 1031 money available for reinvestment?
HCS is very active in the local Bi-State Commercial Real Estate Development Market. We are always on the lookout for undervalued and value-added opportunities especially in the small to midsized warehouse market. This niche is a key strategy for strong returns as it generally requires lower initial and long-term re-tenanting costs.
- Existing industrial buildings, preferably built after 1980.
- Value-added opportunities, determined by a vacancy of 20%+, some curable obsolescence, or poor marketing/dealmaking.
- Transaction size of $1million - $5 million
- Single free-standing buildings or portfolios
- Single and multi-tenant buildings
- Sale and Lease Back or excess property situations
- Preferred markets are the St. Louis County Missouri, and SW Illinois
- Opportunity and Enterprise Zone Properties or other incentives that provide equity partners with additional tax opportunities.
Contact us today for a list of current opportunities or call 314-581-2667 to speak with Tom.