A man enters the Bank of America Plaza building in downtown St. Louis on Wednesday, Jan. 14, 2026, as the Peabody Energy building is reflected in its windows. The 30-story, half-vacant tower at 800 Market St. fell into foreclosure in 2023. It sold for $6.3 million in July 2025, just a fraction of its $48 million price tag in 2009. Peabody announced last year that the company will be moving its headquarters from its downtown location to Des Peres.
High-profile company exits from downtown St. Louis have led to the central business district's highest office vacancy level in 26 years, new research shows.Â
A sign advertises commercial real estate available in the 800 block of Olive Street in downtown St. Louis on Tuesday, March 11, 2025. Over 2,300 square feet of space is listed in the building, located across from the Old Post Office.
A pedestrian passes the Wainwright state office building on Wednesday, Jan. 14, 2026, as the vacant former AT&T building is seen in the background. The state of Missouri vacated its downtown offices in the Wainwright complex to move 600 workers to Chesterfield.
The proposal could jumpstart redevelopment of the AT&T Tower in downtown St. Louis
A man enters the Bank of America Plaza building in downtown St. Louis on Wednesday, Jan. 14, 2026, as the Peabody Energy building is reflected in its windows. The 30-story, half-vacant tower at 800 Market St. fell into foreclosure in 2023. It sold for $6.3 million in July 2025, just a fraction of its $48 million price tag in 2009. Peabody announced last year that the company will be moving its headquarters from its downtown location to Des Peres.
A pedestrian passes the Wainwright state office building on Wednesday, Jan. 14, 2026, as the vacant former AT&T building is seen in the background. The state of Missouri vacated its downtown offices in the Wainwright complex to move 600 workers to Chesterfield.
A sign advertises commercial real estate available in the 800 block of Olive Street in downtown St. Louis on Tuesday, March 11, 2025. Over 2,300 square feet of space is listed in the building, located across from the Old Post Office.
