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Regional housing alliance planning two new projects

Regional housing alliance planning two new projects

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PostJan 31, 2005#1

The St. Louis Business Journal reports on a plan that will include a combined 59 apartment units in 22 buildings, as well as more than 100 single-family for-sale homes throughout the Old North St. Louis and Forest Park Southeast neighborhoods through a project called CONECT St. Louis, which stands for Coalition of Neighborhoods Effecting Change Together.



In the Old North St. Louis neighborhood, the 32-unit North Market Place Apartments will be created in nine scattered buildings centered around North Market Street on a 30-acre tract of land. 105 homes are also planned to be built within five years for Old North St. Louis under the name North Market Place Homes. Phase I of the homes project includes 41 single-family homes, 37 of which will be new and four are existing structures with plans for remodeling.



IN DEPTH:

From the January 28, 2005 print edition

<A HREF="http://stlouis.bizjournals.com/stlouis/ ... ">Regional housing alliance planning two new projects</A>

Leigh O'Keefe



Regional Housing and Community Development Alliance (RHCDA), a not-for-profit developer and developing consultant, has contributed 395 housing units over the past five years to underdeveloped and forgotten urban areas surrounding St. Louis.



<A HREF="http://stlouis.bizjournals.com/stlouis/ ... ocus7.html">>>> read more</A>

PostAug 22, 2005#2

This was initially posted back in January, but there has been activity as recently as last month. On Thursday, July 14th, 2005 there was a public meeting where a resolution was brought forward, which would provide final approval and authorizing the issuance of tax-exempt multifamily housing bonds for the C.O.N.E.C.T. St. Louis Project.



That same meeting also brought forward a resolution, which would provide preliminary approval and inducing a tax-exempt multifamily housing revenue bond for the Franklin School project. The Franklin School building at 814 North 19th Street is a property bought by Robert Wood and Pete Rothschild. A gated complex and community for the elderly is what has been envisioned for this project (sorry to get off topic by bringing the Franklin School project into this post).

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PostSep 26, 2005#3

Work has already begun on this building on North Market and 14th Street. I'm pretty amazed at the conditions of the buildings that are being rehabbed. Many buildings in better condition have been torn down for progress...







CONECT will include the historic rehabilitation of 22 buildings, most of which are currently vacant two- and four-family structures in very poor condition, resulting in 59 high quality apartments. In Old North St. Louis, 9 buildings are being preserved, resulting in 32 apartments. The properties being preserved are at 2315 N. 14th; 2213 Blair; 1423, 1424, 1436, 1440 and 1454 Monroe; 1211 and 1304 North Market. Even beyond the quality of the housing, other desirable outcomes in each neighborhood are anticipated. In Old North St. Louis the new investment further enhances the North Market Place Homes development.



>>C.O.N.E.C.T. Full Story




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PostSep 26, 2005#4

WOW !! I must say im really impressed with whats going on in Old North St. Louis, I wish I could be saying the same about Hyde Park.



Check out the house that is missing its roof and a large chunk of the 2nd floor wall and its going to be rehabbed, You won't be seeing this on Built St. Louis! :shock:

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PostSep 27, 2005#5

Now that's dedication!


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PostSep 27, 2005#6

That's amazing. How can they afford this? Who's financing this? Someone with money must have a great deal of faith in this neighborhood. I always had a little doubt about whether ONSL would be able to go the way of Soulard, but my gosh, what a great first step.



Hopefully, this region is waking up and will stop ignoring North St. Louis. The people who live there as well as the brick and mortar are great potential assets for this city.

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PostSep 27, 2005#7

if this neighborhood comes back, which it will, hope will be restored to the thousands of north st louisans as well as the city at large



those pictures with the REVITALIZE banners sent chills of excitement down my back!

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PostSep 27, 2005#8

All I can say is WOW. Great to see.

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PostOct 01, 2005#9

Maybe this could be our spot for new and unique infill projects (a la the Chicago neighborhood).

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PostOct 04, 2005#10

This is a project that was spearheaded by the Old North St. Louis Restoration Group. If you are curious about the financing, check out http://www.onsl.org/conect.php and you can find out everything you need to know.



Throughout the project, we will document the rehabbing of the buildings in CONECT on the Old North St. Louis website: http://www.onsl.org



Nate

ONSL