Shaw Apartment Project Set to Get Underway
Date Posted: March 28, 2016
Posted In: Projects,
From St. Louis Post-Dispatch: A groundbreaking ceremony followed by construction is set for Saturday in the St. Louis’ Shaw neighborhood, where Urban Improvement Co. will build apartments.
The two-phase, $10 million project UIC announced in November calls for 60 apartments in two new buildings, four apartments in an existing building and eight new town houses. Festus-based Midwest Regional Bank is financing the $5.5 million first phase of 36 apartments in a three-story building and rehab of the site’s only existing building—a vacant four-family flat—as four apartments.