4400-12 Manchester, 4407-4437 Swan, 1114-24 S. Newstead, and 4357-59 Swan Restoration St.

Louis

Site Address: 4400-12 Manchester, 4407-4437 Swan, 1114-24 S. Newstead, and 4357-59 Swan Request: Parcel Consolidation, 10 Year Tax Abatement, and Demolition of 5 Residential Structures Company Name: Restoration St. Louis Contact Person(s): Amrit and Amy Gill Mailing Address: 3701 Lindell, St. Louis, MO 63108 Project Information Description and history of site: 4400-08 and 4410-12 Manchester are adjacent parcels that have been vacant since the 1970s. The land has a significant amount of fill from demolition of past buildings (6-8ft). 1114-24 S. Newstead and 4357-59 Swan are adjacent parcels that are currently vacant. 4407-37 Swan are adjacent parcels that consist of 5 vacant residential structures and 4 vacant parcels. Proposed Project: Restoration St. Louis currently owns the land. They are proposing to build a 5 story new construction building, which will feature 55 Universal Design Apartments on the second through fifth floors, and 14,000 sq ft of office and commercial space on the first floor. The first floor will be Restoration St. Louis corporate headquarters and contain a proposed pizza/pasta restaurant. The building will contain a pool, fitness area, and solar and energy efficient heating and cooling. Restoration St. Louis is proposing to build a 49 space parking lot at 1114-24 S. Newstead and 4357-59 Swan for employees and customers. Restoration St. Louis is also proposing to build an 89 space parking lot at 4407-37 Swan for residents. Project Timeline: Construction Start: Construction Completion: Occupancy: March, 2014 January, 2015 January, 2015

4400-12 Manchester, 4407-4437 Swan, 1114-24 S. Newstead, and 4357-59 Swan Restoration St. Louis

Project Costs: Acquisition: Pre-development Soft Cost: Construction Cost: Total: Taxes for 4400-12 Manchester: Current Property Taxes: After Completion: Relevant Experience: Cohen Hillberry and BSI will be the architects and builders for the project and have extensive experience in Universal Design housing. ___________________________________________________________________________ Park Central Recommendation: Support of 10-Year Tax Abatement, Parcel Consolidation and Demolition of 5 residential structures on Swan with the following conditions: The buildings faade should include high quality materials and not the use of Dryvit. New sidewalks and street trees should be installed by the developer at each one of their parcels, including both sides of Newstead and on the 4300 and 4400 blocks of Swan. Fencing and landscaping plans for proposed parking lots should be approved by the Forest Park Southeast Development Committee. Curb cut should be removed at 4407-11 Swan and access and exit to the parking lot on the 4400 block of Swan should only occur through the alley. The parking lot entrance on the 4400 block of Swan should be controlled by an electronic gate and the parking lot should be secured at all times. $ 1,461.02 $ 114,721.49 $ 400,000.00 $ 325,000.00 $8,000,000.00 $8,725,000.00

4400-12 Manchester, 4407-4437 Swan, 1114-24 S. Newstead, and 4357-59 Swan Restoration St. Louis

Current Condition

4400-12 Manchester

4400-12 Manchester, 4407-4437 Swan, 1114-24 S. Newstead, and 4357-59 Swan Restoration St. Louis

4400-12 Manchester

4400-12 Manchester, 4407-4437 Swan, 1114-24 S. Newstead, and 4357-59 Swan Restoration St. Louis

1114-24 S. Newstead, and 4367-59 Swan

4400-12 Manchester, 4407-4437 Swan, 1114-24 S. Newstead, and 4357-59 Swan Restoration St. Louis

4407-13 Swan

4400-12 Manchester, 4407-4437 Swan, 1114-24 S. Newstead, and 4357-59 Swan Restoration St. Louis

4417 Swan

4419-21 Swan

4400-12 Manchester, 4407-4437 Swan, 1114-24 S. Newstead, and 4357-59 Swan Restoration St. Louis

4425-29 Swan

4400-12 Manchester, 4407-4437 Swan, 1114-24 S. Newstead, and 4357-59 Swan Restoration St. Louis

4431-37 Swan

4400-12 Manchester, 4407-4437 Swan, 1114-24 S. Newstead, and 4357-59 Swan Restoration St. Louis

Proposed Rehabs

4439 Swan

4443-45 Swan

4400-12 Manchester, 4407-4437 Swan, 1114-24 S. Newstead, and 4357-59 Swan Restoration St. Louis

4447-49 Swan

4400-12 Manchester, 4407-4437 Swan, 1114-24 S. Newstead, and 4357-59 Swan Restoration St. Louis

Site Plan

4400-12 Manchester, 4407-4437 Swan, 1114-24 S. Newstead, and 4357-59 Swan Restoration St. Louis

4400-12 Manchester, 4407-4437 Swan, 1114-24 S. Newstead, and 4357-59 Swan Restoration St. Louis

4400-12 Manchester, 4407-4437 Swan, 1114-24 S. Newstead, and 4357-59 Swan Restoration St. Louis

4400-12 Manchester, 4407-4437 Swan, 1114-24 S. Newstead, and 4357-59 Swan Restoration St. Louis

4400-12 Manchester, 4407-4437 Swan, 1114-24 S. Newstead, and 4357-59 Swan Restoration St. Louis

Renderings
Ren

4400-12 Manchester, 4407-4437 Swan, 1114-24 S. Newstead, and 4357-59 Swan Restoration St. Louis