Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-19
ST. LOUIS AND ITS GROWTH.
New Residential NeIghbOrhoOds Growing At
Remarkable Rate, Notably Tyler and


New Residential NeIghbOrhOods Growing at
Remarkable Rate Notably Tyler and
Dundee PInee.
A Dispatch correspondent returned a
short time ago from visit to St Louis, and
is full of praise concerning the push and
energy displayed by the people of that great
city. 1t is not surprising that capitalists
and investors from all parts of the United
States are directing their attention toward
that city. Its wonderful and steady
growth, commercial and manufacturing in
terests and advantageous location all COM
bine to impress the mind of every thinking
person with conjeetures of a marvellous
luture. Being one OF the great railroad
centers, connecting with all parts OF the
continent, the volume of its business became
so great that the construction of what is
known as the new Merchants bridge vas
necessity. With all the vast Southern and
Western territory open to its commerce
the possibilities of still greater development
are unlimited. The business men of the
city are noted for their pluck and energy in
taking hold of any enterprise which is OF
benefit to the people, and the high standing
reached by the city in the commercial
world imbued the investor with feeling of
security. This confidence in the methods of
those that have the welfare of the city ever
at heart has not failed to have a most bene-
fetal influence on realty value. St. Louis
has never been given to wild speculative
schemes in real estate, and it can truly be
said that the developments of its values
have been free from speculative blooms"
This fact alone would be sufficient to ex-
plain why so much capital is seeking in
vestment there, and of the grow
ing conviction among investors, of
large pecuniary benefits to be de-
in nd
unimpToved property. A mild, healthful
climate, beautiful parks and boulevards, all
fine churches and educational institutions,
some of great fame, alike make it a most
desirable place to live in. 1t is we'll
known fact that real estate in St. Louis to-
day is cheaper than in any other city of the
Union, and it is also conceded that the
chances of it enhancing in value are inhn-
itely greater than elsewhere. 1t is perfectly
safe to state that, by judiciously investing
in property at the present time, and in the
right locality, it is sure to bring its owner a
handsome profit within a reasonable time.
There has been a growing tendency in the
last three years to build up the western por-
ton of the CITY. New business houses are
also rapidly locating west of Eighth street.
Some of the finest Office buildings to be found
anywhere in the United States have been
built on Fourth, Fifth, Sixth, Ninth and
Olive streets in the last three years, being
rented long before completion. 1t is surpris-
ing to note the number of new firms among the
occupants of these magnificent structures,
which is the most conclusive evidence oil the
increase in all lines of business. The
preference for building lots in the western
and southwestern portion has been most de-
cided in the last years. With numerous
cable and electric roads in operation and
the Scott Elevated Railroad well under way,
the vexed question of rapid transit is at last
settled. The construction of the new Citizens
cable road, which will be in operation by
March /, has opened up the choicest resi-
dence tracts in tie city known as Tyler and
Dundee places; also Gibson Heights. These
beautiful subdivisions, after lying idle and
unimproved for nearly three-quarters of a
century, have at last been secured by S. F.
and A. 7. Scott and placed on the market.
This property adjoins Tower Grove Park on
the north, and lies between Grand avenue on
the east and Shaw's Botanical Garden on the
west. That it is the highest point of the
city is fully attested by reason of its selec-
tion by the public authorities as the site of
the Compton Hill reservoir, which was built
Immediately opposite the northeast corner
of Tyler place, on the eastern side OF Grand
avenue, in the Compton Hill Park. Owing
to its altitude, the atmosphere is always
dry, fresh and invigorating, and as long as
there is water in the reservoir there will
never be scarcity of that'element on Comp
ton Hill. The locality is by far the most at
tractive in the city; in fact, the property is
surrounded on all sides by objects of public |
interest, such as Tower Grove Park and |
Shaw's Botanical Garden To the north of |
Tyler and Dundee place. the neighborhood |
is rapidly building up with a fine class of |
dwellings, which greatly increase its at |
tractiveness and materially enhance the |
value of surrounding properties. Its total |
freedom from factories and foundries is a |
guarantee that the atmosphere will remain
pure and healthy, and besides restrictive |
clauses limiting TYLER and Dundee place |
property for residence purposes onlv, is in |
serted in every deed. The IL" road when !
completed will furnish quick transportation |
with comfortable and convenient accom-
mediation to and from the ground,
never consuming more than Is minutes |
in transit IRON any point on these places to
the business center OF the city. The Tyler |
and Dundee places are reached on the east |
by a cable road, on the south by an electric |
road, on the north ana west bv all railroad |
trains coming into and leaving the city; |
also, by the electric street car lines, this !
forming a network of transit surrounding |
this property unequaled in any other sec
ton of the city. The "L' road will go
through the center of these properties, both |
east and west and north and south. About
half a mile west of Tyler place is another
magnificent building site known as Gibson
Heights, adjacent to and fronting Forest
Park on the east, which is being graded and
sub-divided. Gibson Heights is reached bv
elevated road and all the railroad trains and
the Lindell Electric road, now being built
The lots comprised in these three tracts are
the finest and cheapest ever offered in the
city, and the location of these properties,
together with their surroundings. altitude
and natural drainage, gives it an advantage
over all other localities for residence pur-
poses.
An important feature in building in st.
Louis, which must not be lost sight of, is
the cheapness of building material, notably
brick, lime and sand. From the quarries,
which are located only a short distance
from the city, in Missouri, a superior quail
ity of sandstone, red and gray granite and
marbles OF different colors can be obtained
in unlimited quantities. An immense
number fnew residence houses of improved
styles of architecture are going up all over
the city, and among them are some of the
finest private residences in the country, and
in addition to these great number OF Office,
bank and manufacturing buildings are in
course Of construction.
fade; cannot be discolored by perspiration