Skip to content
Homepage
  • Market
    • Illinois
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications
MissouriSeniors Housing

Holland Construction tackling $42 million renovation of former hotel near St. Louis

June 18, 2020
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Holland Construction Services is beginning the $14.2 million renovation of the former Meredith Home/Hotel Belleville into a seniors housing project known as Lofts on the Square in Belleville, Illinois. Belleville is located in the St. Louis market.

The highly anticipated senior living project, located at 16 S. Illinois St. in Belleville, will include 47 apartments, common areas, activity spaces, a library/computer lab, an exercise room and storage facilities. The six-story building will also include 3,000 square feet of restaurant and retail space on the first floor.

Holland Construction Senior Project Manager Tim Simon said renovating the nearly 90 year-old building, which is listed on the National Register of Historic Places, comes with a unique set of challenges, but his team is ready to get the project moving.

“We know this is a project that means so much to the entire community and the opportunity to help bring a building back to life that was built in 1931, is exciting,” said Simon. “Structurally, we expect to encounter unexpected surprises as we open up the walls, but our team excels at troubleshooting and thinking outside the box, so I think this project will challenge us in a lot of good ways.”

The Southwestern Illinois Development Authority and St. Louis-based Bywater Development Group purchased the property from the City of Belleville for $600,000 and are the developers on the project. SWIDA executive director Mike Lundy said the goal is to retain the building’s original interior and exterior historic character-defining elements while re-purposing the building as residential apartments, bringing new vitality to Downtown Belleville.

“This is a building that was once slated for demolition, and now has the chance to become a focal point of our city,” said Lundy. “It was very important to us that we selected a construction partner for this project that would help us find innovative ways to maintain as much of the original integrity of this building as possible and we know Holland’s team will collaborate with us to do that.”

Lofts on the Square apartments will be available to senior citizens, 55 and older, who meet income requirements. The senior apartments will be on the second through sixth floors and the first floor will feature a restored lobby area and street-level commercial space. The project is expected to be completed by July of 2021.

Tags
bellevilleconstructionHolland Construction ServicesIllinoisseniors housingSt. Louis
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
TexasOffice

Partners Real Estate arranges lease with Texas Chiller Systems in San Antonio

March 30, 2023
IllinoisIndustrial

Brown Commercial Group negotiates 48,171 square feet of industrial sales transactions

March 30, 2023
TexasCRE

StreetLights Residential announces new CFO and two senior leadership promotions

March 30, 2023
IllinoisOffice

CBRE arranges HQ lease for Chicago Red Stars soccer club

March 30, 2023

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise
© 2023 REjournals.com