NOTE: Design is still in the works.

Tower Grove Neighborhoods CDC is planning a, $10 Million+, 50 unit senior apartment building that will replace the Midwest Bank Centre near Gravois and Delor. The project, whose name is Crossroads Senior Living, is still going through the necessary funding boards. If all goes well, they could start next year and wrap up 12 months later. 

The project will also include a new bank (3150SF) and another commercial space (600SF). It's the first project fo follow the Bevo Great Streets plan in terms of design. Rosemann and Associates is the architect and Lutheran Senior Services will be the operator. The apartments will be independent living. 

The back parking lot will be designed to include a parcel for future development, which could end up being townhomes or another apartment building. The goal of the project is to try to kick off more development in the Bevo neighborhood as well as provide older residents a place to live if they wish to remain in the neighborhood but not in their houses.

Site plan and floor plans...

Building rendering...

Could use some retail on that other corner. I wonder if those two corner ground floor units will be designed for future retail conversion. Can't really complain though this will be huge for Bevo. Really interested in seeing those white model buildings come to fruition

Great news; the Bevo area could use a boost. Great massing for the site. Also, Lutheran Senior Services is a top-notch operator; my folks live in one of their communities.

The Midwest Bank building, of course, is currently pretty hideous. I wonder, though, what remains under the horrible "modern" skin?   

They have been looking at this site for a while. This was literally the last thing I worked on with Rosemann back in March of '17. I fixed a typo, reprinted the PDF, turned off my computer and said my goodbyes. 

Great news!

Thanks for the update, I'd actually been wondering about the status on this one. That is very good news indeed!

-RBB

They still need to get a LIHTC allocation from MHDC for this to work. That's hopefully a little easier now that State LIHTC is back on the table again. They do already have a conditional commitment from CDA for HOME funds to cover the remaining gap.

The land donation was always part of the financing package since I 1st looked at it back in early 2018. Midwest BankCentre must have wanted it off their books now, and it makes the proposal more attractive for this round to have the land for sure donated. Midwest BankCentre was also the equity investor for the tax credits in previous proposals. I would assume that remains the case.

Fence up around the bank building. Demolition expected to start soon.

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This goes before the LCRA board tomorrow. It's now 80 apartments. Seeking tax abatement 10 yr @95% plus 5 @ 50%

No retail at Gravois and Delor is a head scratcher in a location like this 

Is the senior living facility near Bevo Mill still going to happen? 

Crossroads finally scored a LIHTC award yesterday in the 2022 round. I first looked at this project in 2017, so their persistence paid off.

Great news!

$10M building permit application submitted

Man, new contraction is expensive.

Boy, that sure is gonna change that corner. 

IMO the lack of any retail space on that prominent corner is inexcusable, but I guess beggars can't be choosers

This project is well underway. 

I think it's going to really change the feel of that Gravois/Morgan Ford intersection. 

Was able to snap a photo on my way by...