Dave Dwars of the Lawrence Group was quoted in a Midwest Construction cover story on redevelopment of downtown St. Louis this month.

According to the article, 69 buildings have been restored downtown since 1999, totaling $1.3 billion in development.

An example is the Lawrence Group’s $125 million Park Pacific Building. Renovation of the 22-story, 470-sq-ft former Missouri Pacific/Union Pacific building, originally constructed in 1928, will include 108 condos, 50 apartments, 51,000 sq ft of office space and another 10,000 sq ft of space for street-level retail.

Another $1 billion in projects is in the pipeline with 26 buildings being restored or under development.

Other facts:

• 10,000 people live downtown of which 5,000 are new, according to the Downtown St. Louis Partnership.
• About 1,200 additional residents are expected to move in over the next three years.
• 2,700 new housing units opened downtown in the past two years.
• Downtown currently has more than 7,400 rental and sale units.