Construction Begins on $20.4 Million Senior Living
St. Louis CNR Magazine

Construction is underway on the $20.4 million Senior Living at Cambridge Heights facility at 728 Biddle Street in St. Louis. KAI Design & Build is the architect, general contractor and mechanical/electrical/plumbing engineer on the 89,900-square-foot development. With an anticipated January 2011 completion date, Senior Living at Cambridge Heights will feature 117 one- and two-bedroom apartments designed for older adults. Financing for the three-story building was secured through the Missouri Housing Development Commission, St. Louis Housing Authority, Enterprise Bank & Trust and Business Bank of St. Louis, and the U.S. Department of Housing and Urban Development. St. Louis-based McCormack Baron Salazar is the project's developer. "This capstone to the redevelopment of the former Cochran Gardens public housing site will meet an important need in the community to provide affordable, quality senior living and will serve to replace an obsolete and isolating tower building with a sustainable, universally-designed, low-rise facility," said Vince Bennett, executive vice president of McCormack Baron Salazar. "This development will also further the dramatic transformation of this community started with the Cochran Gardens HOPE VI and will support the revitalization efforts in the Columbus Square neighborhood." Read the rest of the article here.