Development Projects

Most of the developments listed have received funding or incentives from the City of St. Louis. Assisting development in the City is the core goal of St. Louis Development Corporation.

Ford Apartments

Address:
1401 Pine
St. Louis, MO, 63103
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Peter George Sr. of Blue Shutters Development has purchased the Ford Building from Montgomery Bank for $3.1M. He is in the process of converting the 14 story building into 39 two-bedroom apartments. Blue Shutters Development has been involved in historic rehabs in Hyde Park and Fox Park.

The Ford Building was built in 1950 and is listed on the National Register of Historic Places.

Developer: Blue Shutters Development
Owner:Blue Shutters Development LLC
Architect:Preston J. Bradshaw
Project Cost:   $ 11,300,000
Funding Source(s): Private Debt/Equity, Historic Tax Credits, TIF
Status: Under Construction

Last Updated: 05/03/2010

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