7
St Louis New Construction & Proposed Multifamily Projects 1Q19 a Berkshire Hathaway and Jefferies Financial Group company ID PROPERTY UNITS 1 One Cardinal Way 297 7 Woodward Lofts 164 9 Level on Locust 88 10 Soulard Steelyard 127 11 Tribeca 160 13 North Sarah Phase III 77 14 Gallery 720 111 Total Lease Up 1,024 15 Town Center Lofts 184 16 One Hundred 316 21 Captiva Crossing 56 Total Under Construction 556 22 Chemical Building 207 23 Front Page Lofts 54 24 Railway Exchange Building 550 25 Cortex 3.0 220 26 Arbor on Arco 95 27 Chroma Phase II 50 28 Hill, The 225 Total Planned 1,401 44 1815 Locust Street 67 45 300 Broadway 265 46 Butler Brothers Redevelopment 342 47 Crowne Plaza 300 48 Malone, The 60 49 Preservation Square Phase III 89 50 3681 Lindell Boulevard 100 51 Cora Avenue 60 52 North Broadway 239 53 1726 Park Avenue 50 54 Grand and Chouteau 300 55 Lafayette Avenue 74 56 Mill Creek Flats 96 57 Praxair Site Redevelopment 515 58 South Taylor 100 59 5539 Pershing Avenue 149 60 Bi-State 265 Total Prospective 3,071 Source: Yardi Matrix 2000 ft 15 21 16 25 27 23 22 24 26 28 52 49 48 50 54 57 53 55 45 47 56 51 60 59 58 46 44 11 7 10 9 14 1 13 Lease-Up Under Construction Planned Prospective LEGEND

St Louis New Construction & Proposed Multifamily Proects 1Q19 · 74 Aberdeen Village Commons 244 75 Up Towne 53 Total Prospective 559 ... Berkadia Commercial Mortgage LLC conducts

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Page 1: St Louis New Construction & Proposed Multifamily Proects 1Q19 · 74 Aberdeen Village Commons 244 75 Up Towne 53 Total Prospective 559 ... Berkadia Commercial Mortgage LLC conducts

St Louis New Construction & Proposed Multifamily Projects 1Q19

a Berkshire Hathaway and Jefferies Financial Group company

ID PROPERTY UNITS1 One Cardinal Way 297

7 Woodward Lofts 164

9 Level on Locust 88

10 Soulard Steelyard 127

11 Tribeca 160

13 North Sarah Phase III 77

14 Gallery 720 111

Total Lease Up 1,024

15 Town Center Lofts 184

16 One Hundred 316

21 Captiva Crossing 56

Total Under Construction 556

22 Chemical Building 207

23 Front Page Lofts 54

24 Railway Exchange Building 550

25 Cortex 3.0 220

26 Arbor on Arco 95

27 Chroma Phase II 50

28 Hill, The 225

Total Planned 1,401

44 1815 Locust Street 67

45 300 Broadway 265

46 Butler Brothers Redevelopment 342

47 Crowne Plaza 300

48 Malone, The 60

49 Preservation Square Phase III 89

50 3681 Lindell Boulevard 100

51 Cora Avenue 60

52 North Broadway 239

53 1726 Park Avenue 50

54 Grand and Chouteau 300

55 Lafayette Avenue 74

56 Mill Creek Flats 96

57 Praxair Site Redevelopment 515

58 South Taylor 100

59 5539 Pershing Avenue 149

60 Bi-State 265Total Prospective 3,071

Source: Yardi Matrix2000 ft

15

21

16

25

27 23 22 2426

28

52

49

48

50

54

57

5355

4547

56

51

6059

58 46

44

11

7

10

9

14

1

13

Lease-Up Under Construction Planned ProspectiveLEGEND

Page 2: St Louis New Construction & Proposed Multifamily Proects 1Q19 · 74 Aberdeen Village Commons 244 75 Up Towne 53 Total Prospective 559 ... Berkadia Commercial Mortgage LLC conducts

St Louis New Construction & Proposed Multifamily Projects 1Q19

a Berkshire Hathaway and Jefferies Financial Group company

Source: Yardi Matrix2000 ft

ID PROPERTY UNITS18 Residences at Boland Place, The 187

Total Under Construction 187

30 121 South Meramec 100

31 Boulevard South 165

32 Boulevard South Phase II 75

33 Clayton & Hanley 300

34 Forsyth Pointe 160

35 Metro on Manchester, The 80

36 Shaw Park 228

37 Solire 72

Total Planned 1,180

61 University Place 100

Total Prospective 100

61

18

37

33

35

31

32

30

3436

Lease-Up Under Construction Planned ProspectiveLEGEND

Page 3: St Louis New Construction & Proposed Multifamily Proects 1Q19 · 74 Aberdeen Village Commons 244 75 Up Towne 53 Total Prospective 559 ... Berkadia Commercial Mortgage LLC conducts

St Louis New Construction & Proposed Multifamily Projects 1Q19

a Berkshire Hathaway and Jefferies Financial Group company

ID PROPERTY UNITS2 Meadowridge 180

5 5300 Centre 265

6 Watermark at Chesterfield Village 345

8 Altair at the Preserve 188

Total Lease Up 978

38 Aventura at Wild Horse Creek 173

39 Central School Road 100

40 Junction Wentzville, The 180

41 Pure at the Meadows 220

Total Planned 673

64 40 West Luxury Living 258

65 Chesterfield Mobile Home Park Redevelopment 354

66 Farms at Maryland Park, The 320

67 Pearl at Wild Horse Creek, The 173

68 Reserve at Midrivers 462

69 Arrive O'Fallon 168

70 Hillmann Place Phase III 50

71 River Crossing Phase II 100

72 West Clay Senior Phase II 50

73 Bluffs, The 136

76 Meadowood Estates 54

Total Prospective 2,125

Source: Yardi Matrix2 mi

76

69

70

68

73 66

64

6765

72

71

5

2

6

8

39

38

41

40

Lease-Up Under Construction Planned ProspectiveLEGEND

Page 4: St Louis New Construction & Proposed Multifamily Proects 1Q19 · 74 Aberdeen Village Commons 244 75 Up Towne 53 Total Prospective 559 ... Berkadia Commercial Mortgage LLC conducts

St Louis New Construction & Proposed Multifamily Projects 1Q19

a Berkshire Hathaway and Jefferies Financial Group company

ID PROPERTY UNITS3 Thirteen01 at Hartman Lake 2164 Reserve, The 162

12 Woodland Park 80

Total Lease Up 458

17 Whispering Heights 153

19 Hibernia 100

20 Grand Flats 124

Total Under Construction 377

29 Crestwood City Center 225

42 Carlyle Avenue 352

43 Savannah, The 311

Total Planned 888

62 Highland Place 20863 Residences at Jennings Place Phase III 5474 Aberdeen Village Commons 24475 Up Towne 53

Total Prospective 559

Source: Yardi Matrix2 mi

75

74

6263

12

3

4

43

42

29

20

19

17

Lease-Up Under Construction Planned ProspectiveLEGEND

Page 5: St Louis New Construction & Proposed Multifamily Proects 1Q19 · 74 Aberdeen Village Commons 244 75 Up Towne 53 Total Prospective 559 ... Berkadia Commercial Mortgage LLC conducts

St Louis New Construction and Proposed Multifamily Projects

Source: Yardi Matrix© 2019 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

1 One Cardinal Way 1 Cardinal Way St. Louis MO 63102 Lease-Up 297 St. Louis - Downtown 12/31/2017 05/31/2020 01/31/2018

2 Meadowridge 2000 Styling Ridge Drive St. Charles MO 63304 Lease-Up 180 St. Peters 12/01/2017 01/31/2020 10/24/2018

3 Thirteen01 at Hartman Lake 1301 Centerpoint Circle Shiloh IL 62221 Lease-Up 216 Illinois - Belleville 06/01/2018 10/31/2019 07/01/2018

4 Reserve, The 5411 New Poag Road Edwardsville IL 62025 Lease-Up 162 Illinois - Edwardsville 03/01/2018 08/31/2019 08/01/2018

5 5300 Centre 5300 Mexico Road St. Peters MO 63376 Lease-Up 265 St. Peters 07/01/2018 07/31/2019 02/01/2019

6 Watermark at Chesterfield Village 16300 Lydia Hill Drive Chesterfield MO 63017 Lease-Up 345 Chesterfield 02/16/2017 07/31/2019 08/25/2018

7 Woodward Lofts 1519 Tower Grove Avenue St. Louis MO 63110 Lease-Up 164 St. Louis - Lafayette Square 10/15/2017 04/30/2019 06/01/2018

8 Altair at the Preserve 100 Winghaven Pointe O`Fallon MO 63368 Lease-Up 188 Charles County 11/01/2017 04/30/2019 05/10/2018

9 Level on Locust 917 Locust Street St. Louis MO 63101 Lease-Up 88 St. Louis - Downtown 10/31/2017 04/30/2019 03/01/2018

10 Soulard Steelyard 2424 South 9th Street St. Louis MO 63104 Lease-Up 127 St. Louis - Lafayette Square 02/01/2018 04/30/2019 03/01/2018

11 Tribeca 5510 Pershing Avenue St. Louis MO 63112 Lease-Up 160 St. Louis - Forest Park 03/01/2017 04/30/2019 01/27/2018

12 Woodland Park 80 Burlington Drive Collinsville IL 62234 Lease-Up 80 Illinois - Collinsville 08/01/2016 04/30/2019 05/09/2017

13 North Sarah Phase III 1024 North Sarah Street St. Louis MO 63113 Lease-Up 77 St. Louis - Central West End 06/01/2016 04/30/2019 10/31/2016

14 Gallery 720 720 Olive Street St. Louis MO 63101 Lease-Up 111 St. Louis - Downtown 05/31/2015 04/30/2019 06/10/2015

Total Lease-Up 2,46015 Town Center Lofts SEC Illinois Route 157 & Governors Pkwy Edwardsville IL 62025 Under Construction 184 Illinois - Edwardsville 11/01/2018 11/30/2020

16 One Hundred 100 North Kingshighway Blvd St. Louis MO 63108 Under Construction 316 St. Louis - Central West End 04/01/2018 04/30/2020

17 Whispering Heights Enclave Blvd & Illinois Route 157 Edwardsville IL 62025 Under Construction 153 Illinois - Edwardsville 11/01/2018 01/31/2020

18 Residences at Boland Place, The 1301 Boland Place Richmond Heights MO 63117 Under Construction 187 University City/Maplewood 12/01/2018 12/31/2019

19 Hibernia 6300 Clayton Avenue St. Louis MO 63139 Under Construction 100 St. Louis - Clayton Tamm 05/01/2018 07/31/2019

20 Grand Flats 2232 South Grand Blvd St. Louis MO 63104 Under Construction 124 St. Louis - Lafayette Square 04/01/2018 05/31/2019

21 Captiva Crossing 4408 Meramec Bottom Road St. Louis MO 63129 Under Construction 56 Mehlville - south 08/31/2017 04/30/2019

Total Under Construction 1,12022 Chemical Building 721 Olive Street St. Louis MO 63101 Planned 207 St. Louis - Downtown

23 Front Page Lofts 1139 Olive Street St. Louis MO 63101 Planned 54 St. Louis - Downtown

24 Railway Exchange Building 615 Olive Street St. Louis MO 63101 Planned 550 St. Louis - Downtown

25 Cortex 3.0 SWC Forest Park Avenue & South Sarah Street St. Louis MO 63110 Planned 220 St. Louis - Central West End

26 Arbor on Arco 4200 Arco Avenue St. Louis MO 63110 Planned 95 St. Louis - Lafayette Square

27 Chroma Phase II 4041 Chouteau Avenue St. Louis MO 63110 Planned 50 St. Louis - Lafayette Square

28 Hill, The 5006 Daggett Avenue St. Louis MO 63110 Planned 225 St. Louis - Clayton Tamm

29 Crestwood City Center 109 Crestwood Plaza St. Louis MO 63126 Planned 225 Kirkwood

30 121 South Meramec 121 South Meramec Avenue Clayton MO 63105 Planned 100 University City/Maplewood

31 Boulevard South NEC Antler Drive & South Brentwood Blvd Richmond Heights MO 63117 Planned 165 University City/Maplewood

Page 6: St Louis New Construction & Proposed Multifamily Proects 1Q19 · 74 Aberdeen Village Commons 244 75 Up Towne 53 Total Prospective 559 ... Berkadia Commercial Mortgage LLC conducts

St Louis New Construction and Proposed Multifamily Projects

Source: Yardi Matrix© 2019 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

32 Boulevard South Phase II 1 The Boulevard Richmond Heights MO 63117 Planned 75 University City/Maplewood

33 Clayton & Hanley 7651 Clayton Road Clayton MO 63117 Planned 300 University City/Maplewood

34 Forsyth Pointe 8015 Forsyth Blvd St Louis MO 63105 Planned 160 University City/Maplewood

35 Metro on Manchester, The 8071 Manchester Road Brentwood MO 63144 Planned 80 University City/Maplewood

36 Shaw Park 8049 Forsyth Blvd Clayton MO 63105 Planned 228 University City/Maplewood

37 Solire 15 Lee Avenue Clayton MO 63105 Planned 72 University City/Maplewood

38 Aventura at Wild Horse Creek 16511 Wild Horse Creek Road Chesterfield MO 63005 Planned 173 Chesterfield

39 Central School Road 4680 Central School Road St. Peters MO 63304 Planned 100 St. Peters

40 Junction Wentzville, The 600 West Main Street Wentzville MO 63385 Planned 180 Charles County

41 Pure at the Meadows Lake St Louis Blvd & US Route 40 Lake St. Louis MO 63367 Planned 220 Charles County

42 Carlyle Avenue NEC Carlyle Avenue & Coyote Run Belleville IL 62221 Planned 352 Illinois - O'Fallon

43 Savannah, The Cross Street & Frank Scott Pkwy Shiloh IL 62269 Planned 311 Illinois - O'Fallon

Total Planned 4,14244 1815 Locust Street 1815 Locust Street St. Louis MO 63103 Prospective 67 St. Louis - Downtown

45 300 Broadway 300 South Broadway St. Louis MO 63102 Prospective 265 St. Louis - Downtown

46 Butler Brothers Redevelopment 1717 Olive Street St. Louis MO 63103 Prospective 342 St. Louis - Downtown

47 Crowne Plaza 200 North 4th Street St. Louis MO 63102 Prospective 300 St. Louis - Downtown

48 Malone, The 2654 Locust Street St. Louis MO 63103 Prospective 60 St. Louis - Downtown

49 Preservation Square Phase III 1405 North 16th Street St. Louis MO 63106 Prospective 89 St. Louis - Downtown

50 3681 Lindell Boulevard 3681 Lindell Blvd St. Louis MO 63108 Prospective 100 St. Louis - Central West End

51 Cora Avenue 3113 Cora Avenue St Louis MO 63115 Prospective 60 St. Louis - north

52 North Broadway 1920 North Broadway St. Louis MO 63102 Prospective 239 St. Louis - north

53 1726 Park Avenue 1726 Park Avenue St. Louis MO 63104 Prospective 50 St. Louis - Lafayette Square

54 Grand and Chouteau Chouteau Avenue & South Grand Boulevard St.Louis MO 63104 Prospective 300 St. Louis - Lafayette Square

55 Lafayette Avenue 1515 Lafayette Avenue St. Louis MO 63104 Prospective 74 St. Louis - Lafayette Square

56 Mill Creek Flats 3419 Papin Street Saint Louis MO 63103 Prospective 96 St. Louis - Lafayette Square

57 Praxair Site Redevelopment Chouteau Avenue & Jefferson Avenue Saint Louis MO 63103 Prospective 515 St. Louis - Lafayette Square

58 South Taylor 904 South Taylor Avenue St. Louis MO 63110 Prospective 100 St. Louis - Lafayette Square

59 5539 Pershing Avenue 5539 Pershing Avenue St. Louis MO 63112 Prospective 149 St. Louis - Forest Park

60 Bi-State DeBaliviere Avenue & Forest Park Pkwy St Louis MO 63112 Prospective 265 St. Louis - Forest Park

61 University Place Interstate 170 & Olive Blvd St. Louis MO 63132 Prospective 100 University City/Maplewood

62 Highland Place 8806 Dragonwyck Drive St. Louis MO 63121 Prospective 208 Bel-Ridge

63 Residences at Jennings Place Phase III 2360 Middle River Road Jennings MO 63136 Prospective 54 Ferguson

Page 7: St Louis New Construction & Proposed Multifamily Proects 1Q19 · 74 Aberdeen Village Commons 244 75 Up Towne 53 Total Prospective 559 ... Berkadia Commercial Mortgage LLC conducts

St Louis New Construction and Proposed Multifamily Projects

Source: Yardi Matrix© 2019 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

64 40 West Luxury Living 1330 Schoettler Road Chesterfield MO 63017 Prospective 258 Chesterfield

65 Chesterfield Mobile Home Park Redevelopment 822 Grimstone Drive Chesterfield MO 63017 Prospective 354 Chesterfield

66 Farms at Maryland Park, The Hog Hollow Road & River Valley Drive Chesterfield MO 63017 Prospective 320 Chesterfield

67 Pearl at Wild Horse Creek, The 16439 Wild Horse Creek Road Chesterfield MO 63017 Prospective 173 Chesterfield

68 Reserve at Midrivers Fairfax Drive & Mid Rivers Mall Drive St. Peters MO 63376 Prospective 462 St. Peters

69 Arrive O'Fallon Cool Springs Industrial Drive & TR Hughes Blvd O Fallon MO 63366 Prospective 168 O'Fallon

70 Hillmann Place Phase III 1000 Hillmann Place Circle O'Fallon MO 63366 Prospective 50 O'Fallon

71 River Crossing Phase II 1 Riverine Drive St. Charles MO 63303 Prospective 100 St. Charles

72 West Clay Senior Phase II 2800 West Clay Street St. Charles MO 63301 Prospective 50 St. Charles

73 Bluffs, The SWC Interstate 64 & Research Park Circle Boone Township MO 63304 Prospective 136 Charles County

74 Aberdeen Village Commons East Highway 50 & Scott Troy Road O`Fallon IL 62269 Prospective 244 Illinois - O'Fallon

75 Up Towne 104 Northtowne Street Lebanon IL 62254 Prospective 53 Illinois - O'Fallon

76 Meadowood Estates Meadowland Estates Lane & TR Hughes Blvd O'Fallon MO 63376 Prospective 54 O'Fallon

Total Prospective 5,855TOTAL ST LOUIS 13,577