From the Modern STL Group newsletter:
We've learned since our last newsletter that Covington Realty Partners has walked away from its plans for a 14-story apartment tower to replace the Central West End's Optimist International Building after failing to obtain tax abatement for the project. This leaves us guardedly hopeful that a new buyer can be found who will appreciate the building for its beauty and reuse potential rather than as a tear down. Interested in owning one of the city's most important modern buildings, or know someone else who is? Check out the real estate listing here.