The following is from a Post-Dispatch article by Tim Bryant on June 22, 2011:
Workers are putting up walls for a Fifth Third Bank branch scheduled to open in about four months in 3,900 square feet of ground-floor space at the Syndicate Trust building downtown.
Most of the 16-story building in the 900 block of Olive Street has been redone as condos and apartments. And most of them are occupied. But the ground-floor space has struggled to attract tenants. So far, the only open business is a Clarkson Eyecare outlet.
Fifth Third is taking the corner space just west of Clarkson. John Shuff, a broker at NAI Desco, said today the bank has signed a 10-year lease. More tenants may be coming to the building soon, Shuff added.
Potential tenants include a restaurant, a clothing retailer and perhaps office users, he said. Shuff noted that the 14,000 square feet of ground-floor space remaining is too small to accommodate all the potential tenants.
“We’re trying to put as many irons in the fire as possible,” he said.
Read the original article here.