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909 Chestnut Street facts for kids

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909 Chestnut
AT&T_Center,_St-_Louis,_MO-_2014-04-21_13-26
Former names One AT&T Center
One Bell Center
SBC Building
Southwestern Bell Telephone Building
General information
Status Complete
Type Commercial offices
Location 909 Chestnut Street
St. Louis, Missouri
Coordinates 38°37′40″N 90°11′41″W / 38.6277°N 90.1946°W / 38.6277; -90.1946
Completed 1986; 39 years ago (1986)
Cost US$150 million
Owner Inland Real Estate Group
Height
Roof 179 m (587 ft)
Technical details
Floor count 46
Floor area 1,400,000 sq ft (130,000 m2)
Lifts/elevators 24
Design and construction
Architect Hellmuth, Obata & Kassabaum
Main contractor McCarthy Construction, St. Louis, MO

The Beacon on Chestnut is a very tall building in downtown St. Louis, Missouri. It stands at 909 Chestnut Street, right on the Gateway Mall. This building is 46 stories high and is the largest building in Missouri by its total area. It has a huge space of about 1,400,000 square feet.

The building has had several names over the years, including One SBC Center, One Bell Center, One AT&T Center, and 909 Chestnut. Currently, the building is empty, but there are plans to turn it into a place where people can live.

Building History

Why Was the Building Built?

The Beacon on Chestnut was originally built to be the main office for a company called Southwestern Bell. It was meant to replace their older headquarters, the Southwestern Bell Building. This new building was a big step for the company.

Changes Over Time

After the building was finished, Southwestern Bell went through many changes. The company merged with others several times. Because of these mergers, the main office moved to San Antonio, Texas. The company eventually became known as AT&T.

Who Owned the Building?

In 2006, a company called Inland American Real Estate Trust bought the building. They paid $205 million for it. After buying it, they leased the entire building to AT&T. This meant AT&T was the only company using the building for the next ten years.

AT&T Leaves the Building

In 2013, AT&T announced that they would be leaving the building. They said they would not renew their lease when it ended in 2017. Over the years, the number of AT&T employees working in the building had dropped a lot. It went from 4,800 people to only 2,000. This happened because of layoffs, sending work to other companies (called outsourcing), and more people working from home (called remote work).

New Owners and Future Plans

After AT&T left, the building faced financial difficulties and was taken over by US Bank. On April 25, 2022, the building was sold to a company called SomeraRoad for $4.05 million. SomeraRoad is a developer from New York. They are the ones who plan to change the building into apartments or homes.

See also

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