IMPACT Strategies has begun work on a luxury apartment project in Richmond Heights, Missouri, in the St. Louis market. The new development is located just east of I-64 and Hanley Road, at the corner of Dale Avenue and Boland Place, adjacent to A.B. Green Park.
The Residences at Boland Place will fill the site of the former AB Green Middle School, which was torn down in August of 2017.
The $40 million luxury mixed-use development will stand four stories tall over a retail podium and wraps around a 378-space precast parking garage. Parking will be available at every level of the building, with three building entrance points for convenience of the residents.
The apartment building itself will consist of 187 units with balconies, a clubhouse and pool area, terraces, an internal courtyard and a fitness center. Roughly 3,300 square feet of the 220,000-square-foot building has been allotted for retail tenants. Construction is slated to be complete in the spring of 2020.
The development team is led by owner Joseph Cyr’s ILI Communities, and includes architects from Fugleberg Koch and civil engineers from Civil Design, Inc.