st louis new construction & proposed multifamily proects 1q19 · 74 aberdeen village commons...
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St Louis New Construction & Proposed Multifamily Projects 1Q19
a Berkshire Hathaway and Jefferies Financial Group company
ID PROPERTY UNITS1 One Cardinal Way 297
7 Woodward Lofts 164
9 Level on Locust 88
10 Soulard Steelyard 127
11 Tribeca 160
13 North Sarah Phase III 77
14 Gallery 720 111
Total Lease Up 1,024
15 Town Center Lofts 184
16 One Hundred 316
21 Captiva Crossing 56
Total Under Construction 556
22 Chemical Building 207
23 Front Page Lofts 54
24 Railway Exchange Building 550
25 Cortex 3.0 220
26 Arbor on Arco 95
27 Chroma Phase II 50
28 Hill, The 225
Total Planned 1,401
44 1815 Locust Street 67
45 300 Broadway 265
46 Butler Brothers Redevelopment 342
47 Crowne Plaza 300
48 Malone, The 60
49 Preservation Square Phase III 89
50 3681 Lindell Boulevard 100
51 Cora Avenue 60
52 North Broadway 239
53 1726 Park Avenue 50
54 Grand and Chouteau 300
55 Lafayette Avenue 74
56 Mill Creek Flats 96
57 Praxair Site Redevelopment 515
58 South Taylor 100
59 5539 Pershing Avenue 149
60 Bi-State 265Total Prospective 3,071
Source: Yardi Matrix2000 ft
15
21
16
25
27 23 22 2426
28
52
49
48
50
54
57
5355
4547
56
51
6059
58 46
44
11
7
10
9
14
1
13
Lease-Up Under Construction Planned ProspectiveLEGEND
St Louis New Construction & Proposed Multifamily Projects 1Q19
a Berkshire Hathaway and Jefferies Financial Group company
Source: Yardi Matrix2000 ft
ID PROPERTY UNITS18 Residences at Boland Place, The 187
Total Under Construction 187
30 121 South Meramec 100
31 Boulevard South 165
32 Boulevard South Phase II 75
33 Clayton & Hanley 300
34 Forsyth Pointe 160
35 Metro on Manchester, The 80
36 Shaw Park 228
37 Solire 72
Total Planned 1,180
61 University Place 100
Total Prospective 100
61
18
37
33
35
31
32
30
3436
Lease-Up Under Construction Planned ProspectiveLEGEND
St Louis New Construction & Proposed Multifamily Projects 1Q19
a Berkshire Hathaway and Jefferies Financial Group company
ID PROPERTY UNITS2 Meadowridge 180
5 5300 Centre 265
6 Watermark at Chesterfield Village 345
8 Altair at the Preserve 188
Total Lease Up 978
38 Aventura at Wild Horse Creek 173
39 Central School Road 100
40 Junction Wentzville, The 180
41 Pure at the Meadows 220
Total Planned 673
64 40 West Luxury Living 258
65 Chesterfield Mobile Home Park Redevelopment 354
66 Farms at Maryland Park, The 320
67 Pearl at Wild Horse Creek, The 173
68 Reserve at Midrivers 462
69 Arrive O'Fallon 168
70 Hillmann Place Phase III 50
71 River Crossing Phase II 100
72 West Clay Senior Phase II 50
73 Bluffs, The 136
76 Meadowood Estates 54
Total Prospective 2,125
Source: Yardi Matrix2 mi
76
69
70
68
73 66
64
6765
72
71
5
2
6
8
39
38
41
40
Lease-Up Under Construction Planned ProspectiveLEGEND
St Louis New Construction & Proposed Multifamily Projects 1Q19
a Berkshire Hathaway and Jefferies Financial Group company
ID PROPERTY UNITS3 Thirteen01 at Hartman Lake 2164 Reserve, The 162
12 Woodland Park 80
Total Lease Up 458
17 Whispering Heights 153
19 Hibernia 100
20 Grand Flats 124
Total Under Construction 377
29 Crestwood City Center 225
42 Carlyle Avenue 352
43 Savannah, The 311
Total Planned 888
62 Highland Place 20863 Residences at Jennings Place Phase III 5474 Aberdeen Village Commons 24475 Up Towne 53
Total Prospective 559
Source: Yardi Matrix2 mi
75
74
6263
12
3
4
43
42
29
20
19
17
Lease-Up Under Construction Planned ProspectiveLEGEND
St Louis New Construction and Proposed Multifamily Projects
Source: Yardi Matrix© 2019 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
1 One Cardinal Way 1 Cardinal Way St. Louis MO 63102 Lease-Up 297 St. Louis - Downtown 12/31/2017 05/31/2020 01/31/2018
2 Meadowridge 2000 Styling Ridge Drive St. Charles MO 63304 Lease-Up 180 St. Peters 12/01/2017 01/31/2020 10/24/2018
3 Thirteen01 at Hartman Lake 1301 Centerpoint Circle Shiloh IL 62221 Lease-Up 216 Illinois - Belleville 06/01/2018 10/31/2019 07/01/2018
4 Reserve, The 5411 New Poag Road Edwardsville IL 62025 Lease-Up 162 Illinois - Edwardsville 03/01/2018 08/31/2019 08/01/2018
5 5300 Centre 5300 Mexico Road St. Peters MO 63376 Lease-Up 265 St. Peters 07/01/2018 07/31/2019 02/01/2019
6 Watermark at Chesterfield Village 16300 Lydia Hill Drive Chesterfield MO 63017 Lease-Up 345 Chesterfield 02/16/2017 07/31/2019 08/25/2018
7 Woodward Lofts 1519 Tower Grove Avenue St. Louis MO 63110 Lease-Up 164 St. Louis - Lafayette Square 10/15/2017 04/30/2019 06/01/2018
8 Altair at the Preserve 100 Winghaven Pointe O`Fallon MO 63368 Lease-Up 188 Charles County 11/01/2017 04/30/2019 05/10/2018
9 Level on Locust 917 Locust Street St. Louis MO 63101 Lease-Up 88 St. Louis - Downtown 10/31/2017 04/30/2019 03/01/2018
10 Soulard Steelyard 2424 South 9th Street St. Louis MO 63104 Lease-Up 127 St. Louis - Lafayette Square 02/01/2018 04/30/2019 03/01/2018
11 Tribeca 5510 Pershing Avenue St. Louis MO 63112 Lease-Up 160 St. Louis - Forest Park 03/01/2017 04/30/2019 01/27/2018
12 Woodland Park 80 Burlington Drive Collinsville IL 62234 Lease-Up 80 Illinois - Collinsville 08/01/2016 04/30/2019 05/09/2017
13 North Sarah Phase III 1024 North Sarah Street St. Louis MO 63113 Lease-Up 77 St. Louis - Central West End 06/01/2016 04/30/2019 10/31/2016
14 Gallery 720 720 Olive Street St. Louis MO 63101 Lease-Up 111 St. Louis - Downtown 05/31/2015 04/30/2019 06/10/2015
Total Lease-Up 2,46015 Town Center Lofts SEC Illinois Route 157 & Governors Pkwy Edwardsville IL 62025 Under Construction 184 Illinois - Edwardsville 11/01/2018 11/30/2020
16 One Hundred 100 North Kingshighway Blvd St. Louis MO 63108 Under Construction 316 St. Louis - Central West End 04/01/2018 04/30/2020
17 Whispering Heights Enclave Blvd & Illinois Route 157 Edwardsville IL 62025 Under Construction 153 Illinois - Edwardsville 11/01/2018 01/31/2020
18 Residences at Boland Place, The 1301 Boland Place Richmond Heights MO 63117 Under Construction 187 University City/Maplewood 12/01/2018 12/31/2019
19 Hibernia 6300 Clayton Avenue St. Louis MO 63139 Under Construction 100 St. Louis - Clayton Tamm 05/01/2018 07/31/2019
20 Grand Flats 2232 South Grand Blvd St. Louis MO 63104 Under Construction 124 St. Louis - Lafayette Square 04/01/2018 05/31/2019
21 Captiva Crossing 4408 Meramec Bottom Road St. Louis MO 63129 Under Construction 56 Mehlville - south 08/31/2017 04/30/2019
Total Under Construction 1,12022 Chemical Building 721 Olive Street St. Louis MO 63101 Planned 207 St. Louis - Downtown
23 Front Page Lofts 1139 Olive Street St. Louis MO 63101 Planned 54 St. Louis - Downtown
24 Railway Exchange Building 615 Olive Street St. Louis MO 63101 Planned 550 St. Louis - Downtown
25 Cortex 3.0 SWC Forest Park Avenue & South Sarah Street St. Louis MO 63110 Planned 220 St. Louis - Central West End
26 Arbor on Arco 4200 Arco Avenue St. Louis MO 63110 Planned 95 St. Louis - Lafayette Square
27 Chroma Phase II 4041 Chouteau Avenue St. Louis MO 63110 Planned 50 St. Louis - Lafayette Square
28 Hill, The 5006 Daggett Avenue St. Louis MO 63110 Planned 225 St. Louis - Clayton Tamm
29 Crestwood City Center 109 Crestwood Plaza St. Louis MO 63126 Planned 225 Kirkwood
30 121 South Meramec 121 South Meramec Avenue Clayton MO 63105 Planned 100 University City/Maplewood
31 Boulevard South NEC Antler Drive & South Brentwood Blvd Richmond Heights MO 63117 Planned 165 University City/Maplewood
St Louis New Construction and Proposed Multifamily Projects
Source: Yardi Matrix© 2019 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
32 Boulevard South Phase II 1 The Boulevard Richmond Heights MO 63117 Planned 75 University City/Maplewood
33 Clayton & Hanley 7651 Clayton Road Clayton MO 63117 Planned 300 University City/Maplewood
34 Forsyth Pointe 8015 Forsyth Blvd St Louis MO 63105 Planned 160 University City/Maplewood
35 Metro on Manchester, The 8071 Manchester Road Brentwood MO 63144 Planned 80 University City/Maplewood
36 Shaw Park 8049 Forsyth Blvd Clayton MO 63105 Planned 228 University City/Maplewood
37 Solire 15 Lee Avenue Clayton MO 63105 Planned 72 University City/Maplewood
38 Aventura at Wild Horse Creek 16511 Wild Horse Creek Road Chesterfield MO 63005 Planned 173 Chesterfield
39 Central School Road 4680 Central School Road St. Peters MO 63304 Planned 100 St. Peters
40 Junction Wentzville, The 600 West Main Street Wentzville MO 63385 Planned 180 Charles County
41 Pure at the Meadows Lake St Louis Blvd & US Route 40 Lake St. Louis MO 63367 Planned 220 Charles County
42 Carlyle Avenue NEC Carlyle Avenue & Coyote Run Belleville IL 62221 Planned 352 Illinois - O'Fallon
43 Savannah, The Cross Street & Frank Scott Pkwy Shiloh IL 62269 Planned 311 Illinois - O'Fallon
Total Planned 4,14244 1815 Locust Street 1815 Locust Street St. Louis MO 63103 Prospective 67 St. Louis - Downtown
45 300 Broadway 300 South Broadway St. Louis MO 63102 Prospective 265 St. Louis - Downtown
46 Butler Brothers Redevelopment 1717 Olive Street St. Louis MO 63103 Prospective 342 St. Louis - Downtown
47 Crowne Plaza 200 North 4th Street St. Louis MO 63102 Prospective 300 St. Louis - Downtown
48 Malone, The 2654 Locust Street St. Louis MO 63103 Prospective 60 St. Louis - Downtown
49 Preservation Square Phase III 1405 North 16th Street St. Louis MO 63106 Prospective 89 St. Louis - Downtown
50 3681 Lindell Boulevard 3681 Lindell Blvd St. Louis MO 63108 Prospective 100 St. Louis - Central West End
51 Cora Avenue 3113 Cora Avenue St Louis MO 63115 Prospective 60 St. Louis - north
52 North Broadway 1920 North Broadway St. Louis MO 63102 Prospective 239 St. Louis - north
53 1726 Park Avenue 1726 Park Avenue St. Louis MO 63104 Prospective 50 St. Louis - Lafayette Square
54 Grand and Chouteau Chouteau Avenue & South Grand Boulevard St.Louis MO 63104 Prospective 300 St. Louis - Lafayette Square
55 Lafayette Avenue 1515 Lafayette Avenue St. Louis MO 63104 Prospective 74 St. Louis - Lafayette Square
56 Mill Creek Flats 3419 Papin Street Saint Louis MO 63103 Prospective 96 St. Louis - Lafayette Square
57 Praxair Site Redevelopment Chouteau Avenue & Jefferson Avenue Saint Louis MO 63103 Prospective 515 St. Louis - Lafayette Square
58 South Taylor 904 South Taylor Avenue St. Louis MO 63110 Prospective 100 St. Louis - Lafayette Square
59 5539 Pershing Avenue 5539 Pershing Avenue St. Louis MO 63112 Prospective 149 St. Louis - Forest Park
60 Bi-State DeBaliviere Avenue & Forest Park Pkwy St Louis MO 63112 Prospective 265 St. Louis - Forest Park
61 University Place Interstate 170 & Olive Blvd St. Louis MO 63132 Prospective 100 University City/Maplewood
62 Highland Place 8806 Dragonwyck Drive St. Louis MO 63121 Prospective 208 Bel-Ridge
63 Residences at Jennings Place Phase III 2360 Middle River Road Jennings MO 63136 Prospective 54 Ferguson
St Louis New Construction and Proposed Multifamily Projects
Source: Yardi Matrix© 2019 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
64 40 West Luxury Living 1330 Schoettler Road Chesterfield MO 63017 Prospective 258 Chesterfield
65 Chesterfield Mobile Home Park Redevelopment 822 Grimstone Drive Chesterfield MO 63017 Prospective 354 Chesterfield
66 Farms at Maryland Park, The Hog Hollow Road & River Valley Drive Chesterfield MO 63017 Prospective 320 Chesterfield
67 Pearl at Wild Horse Creek, The 16439 Wild Horse Creek Road Chesterfield MO 63017 Prospective 173 Chesterfield
68 Reserve at Midrivers Fairfax Drive & Mid Rivers Mall Drive St. Peters MO 63376 Prospective 462 St. Peters
69 Arrive O'Fallon Cool Springs Industrial Drive & TR Hughes Blvd O Fallon MO 63366 Prospective 168 O'Fallon
70 Hillmann Place Phase III 1000 Hillmann Place Circle O'Fallon MO 63366 Prospective 50 O'Fallon
71 River Crossing Phase II 1 Riverine Drive St. Charles MO 63303 Prospective 100 St. Charles
72 West Clay Senior Phase II 2800 West Clay Street St. Charles MO 63301 Prospective 50 St. Charles
73 Bluffs, The SWC Interstate 64 & Research Park Circle Boone Township MO 63304 Prospective 136 Charles County
74 Aberdeen Village Commons East Highway 50 & Scott Troy Road O`Fallon IL 62269 Prospective 244 Illinois - O'Fallon
75 Up Towne 104 Northtowne Street Lebanon IL 62254 Prospective 53 Illinois - O'Fallon
76 Meadowood Estates Meadowland Estates Lane & TR Hughes Blvd O'Fallon MO 63376 Prospective 54 O'Fallon
Total Prospective 5,855TOTAL ST LOUIS 13,577