First Paris Baguette in St. Louis Joins Olive Crossing as First Retail Tenant
MAY 19, 2023 – SAINT LOUIS, MO – Olive Crossing welcomes Paris Baguette as the first retail tenant in the multi-phase mixed use development. This will be the first Paris Baguette in the St. Louis market, as well as in the state of Missouri, adding to their 136 U.S. locations and 4,000 locations worldwide. As your neighborhood bakery café, the 3,179 square foot Paris Baguette will serve as a gathering spot for a quick bite, a business lunch, and everything in between.
“When looking to bring Paris Baguette to St. Louis, we knew Olive Crossing was the perfect choice. The culture and culinary scene, paired with the exciting community growth, aligned with our vision,” said Kenix Fong, Franchisee of Paris Baguette. “The location is ideal as it sits at a rapidly growing intersection of numerous St. Louis communities. We could not be more excited to bring our slice of heaven to this monumental development.”
Photo courtesy Paris Baguette.
Olive Crossing is a 14.8 acre mixed use development by Keeley Properties and KEAT Properties revitalizing the corner of Olive Blvd. and I-170. Along with signature multifamily residence The Clover, an office building, and a Marriott hotel, three parcels of Olive Crossing are zoned for retail. The first retail building will break ground this summer and will be available for tenant improvements in the fourth quarter of 2023. Approximately 7,600 square feet remain in the first building and the development team is actively in conversation with potential tenants.
A retail building of approximately 25,000 square feet is in the planning stages for the other two retail parcels.
“I could not be more thrilled to introduce Paris Baguette to the St. Louis area here at Olive Crossing. They are a great addition and the exact type of retail partner we were searching for to bring the culture and community we envisioned for the development to life,” added Greg Yawitz, CEO of KEAT Properties. “Paris Baguette is a welcomed amenity not only for Olivette and surrounding communities, but for our residents at Olive Crossing who can walk out their front door to freshly made pastries, sandwiches, and coffee.”
Construction at Olive Crossing is well underway with The Clover apartments opening in late July. Keeley is now pre-leasing and offering tours to prospective residents.
“Olive Crossing is coming together wonderfully,” said Jason Braidwood, President of Keeley Properties. “It’s both rewarding and fun to watch the positive impact of changing this vital corner with a world-class mixed use development. We can’t wait to see who else joins us in this journey.”
Image by JEMA
About Keeley Properties
Keeley Properties is a real estate investment, development, and management firm focused on the multifamily, mixed use, office, and self storage sectors. Our integrated platform activates communities through the built environment and our focus on the customer experience. With a proven track record from predevelopment through stabilization and asset management, our team has expertise in financing, planning and site selection, brokerage, legal, acquisition, zoning, onboarding, and property management. Keeley Properties is powered by Keeley Companies, a family-owned enterprise of companies building communities across the country. One single source for investment, development, management, construction, and restoration.
About KEAT Properties
KEAT Properties was founded on family. Driven by our mission of enhancing communities with a collaborative spirit, our firm has experience on all sides of the table. Our world-class team not only understands how to negotiate, but we also know how location, costs, access, site feasibility, zoning, politics, and all facets of real estate interplay for your success.
About Paris Baguette
Born from a love of bread and a passion for quality, Paris Baguette is an international, company-owned and franchised fast-casual bakery-café founded in 1988, specializing in both French and Asian-inspired goods. In addition to cakes, pastries, sandwiches, salads, and signature coffee & tea, Paris Baguette offers a unique bakery and café experience to thousands of customers daily. Currently, they have over 4,000 locations worldwide, satisfying cravings and taste buds of all ages and backgrounds.