By. Chris Stritzel
Yesterday, news got out about the ambitions to build a 48 Unit, 3 Floor apartment complex in the new Boulevard Heights subdivision of the full Boulevard Heights Neighborhood. The new building will add many new residents to the new neighborhood that was once home to greenhouses. Run down ones at best. However, things changed when the new houses were built on site. One noticeable thing and problem when you would either pass through the new area or live there, there is a noticeable gap of rubble and grass thrown in the middle section of the project. It has always pointed towards future development, but what that would be remained unknown until now.
The new project will be constructed by St. Ann based CF Vatterott. The total cost will rank up to around $6.6 Million. A strong investment into a neighborhood of the City hat borders Carondelet Park to the direct south. Although this project will not include street level retail, for obvious reasons, it will add much needed density to the neighborhood and more options for living no matter what you are looking for. Boulevard heights has many homes but few apartments, this will help change it. Some in t he neighborhood support the idea while some oppose of it, so we will see what happens regarding this project.
But, of course, the developer will go before the city and request a 5 year tax abatement to pay for the $6.6 Million building. How much of a percent abatement remains unknown. The Development Board is supposed to take this up this Tuesday or Wednesday evening at its meeting.
As time goes on, we will be sure to update his post.