Developer Proposes $16 Million Clayton Apartment Project
Date Posted: July 11, 2017
Posted In: Projects,
From St. Louis Business Journal: A Kansas City-area developer is proposing to build a new $16 million, 40-unit apartment complex near Clayton High School.
According to plans filed with the city of Clayton, MW Development Enterprises would convert four existing multi-family apartment buildings on Topton Way, adjacent to Clayton High School, into one 19,729-square-foot multi-family building that will feature 26 two-bedroom apartments and 14 three-bedroom apartments with a two-story lobby and covered garage parking. Arco Construction Co. and VE Design Group have been tapped for the project.
Asquared Topton LLC owns most of the land that would be developed; Terry and Jamie Schneider own one parcel, according to St. Louis County records.
MW Development Enterprises is owned by Kansas City developer Garrison Hassenflu, who previously proposed building a $17-million multi-family complex in Brentwood called the Metro on Manchester. That project fell through after he and the seller couldn’t come to an agreement, he said. The Topton Way land is currently under contract for an undisclosed price.