Southside Station
Southside Station Apartments consists of 39 units in two historic buildings located at the intersection of Grand Boulevard and Gravois Avenue in the Gravois Park neighborhood of St. Louis City. Both buildings, the Farmers and Merchants Trust Building and the Lutz Building are on the National Register of Historic Places, and collectively provide over 32,000 square feet of residential and commercial space. This development is the second phase of a redevelopment plan led by the developer, The Lawrence Group. The first phase, South Side Tower, involved the rehabilitation of the South Side National Bank building into 13 condominiums and commercial space on the first two floors. Southside Station Apartments represents the first partnership between The Lawrence Group and St. Louis Equity Fund.
| SLEF INVESTMENT FUND: | St. Louis Equity Fund 2013 L.L.C. |
| LOCATION: | 3546 S. Grand Blvd., St. Louis MO |
| NUMBER OF UNITS: | 39 |
| UNIT MIX: | Studio and One Bedroom Units |
| CONSTRUCTION TYPE: | Rehabilitation |
| TAX CREDITS TYPE: | Federal and State Low Income Housing Tax Credit; Federal and State Historic Rehab Tax Credit |
| TOTAL INVESTMENT: | $2,661,911 |
| TOTAL DEVELOPMENT COST: | $9,215,535 |
| DEVELOPER: | The Lawrence Group |
| PROPERTY MANAGER: | Fox Grove Management |
| ARCHITECT: | The Lawrence Group |
| GENERAL CONTRACTOR: | The Lawrence Group |
| GENERAL PARTNER: | FM Lutz Manager, LLC |
| LIMITED PARTNER: | SLEF 2013 |
| LENDER: | Peoples National Bank |
| ACCOUNTANT: | RubinBrown LLP |
| ATTORNEYS: | Armstrong Teasdale LLP; Polsinelli PC |