Developers seem to think St. Louis is ripe for new apartment construction, and they are looking beyond the environs of the Saint Louis University campus, where three large developments opened in the last year.
Paul McKee’s announcement this week that he will team with CRG Real Estate Solutions and Telesis Corp. to build 500 units of housing in the St. Louis Place neighborhood between site of the National Geospatial-Intelligence Agency project and Crown Candy Kitchen. The project includes multi-family housing, whose construction will be financed by the AFL-CIO Housing Investment Trust.
On the other side of downtown, in the Soulard neighborhood, which has become popular with 20-somethings, two developers have announced plans for a combined 244 apartment units.
Whistler One LLC, a company that registered with the Missouri Secretary of State in March 2016, is proposing construction of a 5-story, 118-unit apartment building on Seventh Street, between Victor and Barton, on the site of Victor Iron Works. The L-shaped building would wrap around two sides of the newly opened Ice House apartments. KlitzingWelsch is the architect.
The Apted brothers, Brett and David, are proposing a five-story, 126-unit apartment building on the old Faultless Laundry site at Russell and Gravois (or Russell and I-55, depending on your point of view). Trivers Associates is the architect. Propper Construction Services is the general contractor.