Another company is taking a swing at building a new apartment complex in Chesterfield, an area multifamily developers have in their sights.
Behind the latest proposal is Frontenac-based Above All Development, which wants to build a 170-unit apartment building at the intersection of Old Chesterfield and Wild Horse Creek roads.
This one, branded as Aventura at Wild Horse Creek, may have more luck than other proposals in the west 51ºÚÁÏ County suburb, which went decades without any apartment developments while shiny corporate office campuses and expensive subdivisions kept going up.
Now, developers say workers at area employers such as Pfizer, Monsanto, Bunge and Reinsurance Group of America
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But at least two recent apartment proposals in Chesterfield appear to have died.
Only Indianapolis-based Watermark Residential has managed to get a project off the drawing board, and it paid a premium for the already-zoned land. When that 345-unit complex near Chesterfield Mall opens next year, it will be the first new apartment building since Chesterfield was incorporated in 1988.
may be joining Watermark on the list of successful apartment developers. At a public hearing Monday night, no one spoke in opposition to the project, according to Chesterfield’s planning director, Justin Wyse.
The 12.6-acre site is just across the street from the Chesterfield Mobile Home Park, which Amerwest Development withdrew that plan in September amid an outcry from hundreds of Chesterfield residents — both those who lived there and those who lived nearby and worried about maintaining affordability in the desirable West County suburb.
Another proposal, this one for 258 luxury apartments at Highway 40 (Interstate 64) and Schoettler Road, also appears to be dead. The development team, which included KU Development LLC and Maplewood-based Mills Properties, withdrew their application for the rezoning.
Above All has a purchase agreement with some of the property owners, according to Chesterfield planning documents. Some land is controlled by Sachs Properties. A large 7-acre parcel in the center of the footprint is controlled by the Godwin and Johnston Trusts.
Except for the mobile home park, the land immediately adjacent to the parcel is vacant.
Above All Development, led by Bryan Aston, Tom Behle, Stan McCurdy and Jeff McCurdy, has developed other Aventura-branded apartments before. Aventura at Forest Park is in the Forest Park Southeast neighborhood of 51ºÚÁÏ, and it has also built apartments in Ellisville and St. Peters. It also is building an apartment complex at the northwest corner of Page Avenue and Interstate 270 in Maryland Heights.
A representative from the firm couldn’t be reached.