The STL Partnership worked with Bevo owners on a 504 loan
The Bevo Mill, located in south St. Louis, has been purchased and renovated Patrick Schuchard. Established in 1917, the Bevo Mill has been a world-famous landmark in the heart of South City, most obviously known for its defining feature: a 60-foot tall windmill. Originally built by the Busch family as a rest stop between the storied Anheuser-Busch brewery and what is now known as Grant’s Farm, Das Bevo has been entertaining the area’s most interesting and over-the-top characters and their friends and family for decades. Today, after being reimagined and rehabilitated to it’s former glory, Das Bevo is once again bustling–this time as a biergarten and event space–with all of its original quirky charm still intact.
“We’ve been at it for 4-5 years and I think the surrounding business activity speaks for itself,” said owner Patrick Schuchard. “There are 8-10 new restaurants in area. The ones that were there before us seem to be doing really well.”
Mr. Schuchard said working with the STL Partnership Business Finance team was easy.
“The thing I like about them (the STL Partnership’s Business Finance team) is that they really understand the ups and downs businesses like us have,” Schuchard said. “They understand how difficult this can be.”
Zack Folk, STL Partnership Business Development Officer, said working with Mr. Schuchard on this project was special to him.
“Assisting Das Bevo in their renovation and reopening utilizing the SBA 504 loan program was a special project for me since I grew up in the Bevo neighborhood,” said Folk. “The Bevo Mill is often called the ‘mothership’ by Bevo residents, and the Schuchards have done a great job with getting the building back to its former glory. It was a pleasure working with them and in partnership with Dio Maranan at CNB St. Louis Bank for this 504 loan.”
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