If only it generates a lot of taxable sales, those NIMBYs would get steam-rolled!
U City can't afford to maintain its streets, needs a new or rehabbed police station, etc. So much to take care of in our too spread out region. They need higher land productivity where they can get it. They're lucky they have some opportunities to do so.
^It's one of these. I'm hesitant to provide the direct link, because I don't want to dox anyone. Yes, I know, this is all a matter of public record, but I don't want to put people's names and addresses out there.
^ A LOT of my sister's neighbors are in there lol.
I'm not exactly surprised by the level of opposition. There was a large apartment proposal for some mostly empty land along the 40 service road at Schoettler in Chesterfield and the opposition to that was more intense than anything I had ever seen. They had signs made (like political yard signs)...the City had to have an overflow meeting at the Doubletree Hotel because of how many people wanted to speak...they all wore red shirts and sweaters to show their disapproval with the plan. My parents even went since they were against it because something, something transients or whatever. When I told them they were going to be high-rent apartments filled with either young professionals or older empty-nesters with money to spend they finally went, oh maybe you're right.
I honestly think most people that live in suburbs are just too ignorant to realize that the VAST amount of apartments are not some transient laden Section 8 facility. I didn't read all the comments linked in here...just skimmed them...but it seemed to be pretty heavy on not wanting transients, crime, etc in their little bucolic single-family neighborhoods.
It's interesting that some fear their property values will decrease. In my neck of the woods people are worried the big apt development will raise their property values.
U City Council to consider bonds to facilitate sales tax exemption of construction materials and a 5 year property tax abatement worth about $3.4M at its meeting Monday June 27. The project is est. to be $87.5M with $5M in public infrastructure improvements.
This looks to be full steam ahead. Drove by the site today. Demolition is complete and site prep is underway. Entire site is fenced off with an Avenir Apartments sign at the gate.
Looks like $1,800 is relatively typical for a "Clayton" apartment this size, but a couple hundred more than a comparable apartment in U City or STL City.
