A long-dormant residential development near St. Charles Community College in Cottleville may take on a new life.
Fischer & Frichtel Custom Homes plans to develop 4.87 acres of land at the southwest corner of Ohmes and St. Peters-Cottleville roads near the college. The property had been planned for a condominium development some years ago but only one building went up before work halted with the onset of the recession.
“It was proposed to have quite a few condominiums on it,” Rich Francis, city administrator for Cottleville, said. “They built the first building and that was back when the residential downturn happened and that’s all they got built.” The lone building has stood next to the vacant property with utility tubes sticking up for years.
“The bank took the property over and they have negotiations with Fischer & Frichtel Custom Homes to finish the project out as a single family residential development,” he said.
The city’s Board of Aldermen approved a rezoning and a planned unit development [PUD] plan for the site, now known as Katiebrook Place, at its Feb. 15 meeting. Francis said, with board approvals, construction work could begin this summer.
The PUD and final plan for Katiebrook Place submitted to the city lists 29 lots of single-family dwellings with a minimum floor area of 1,300 square feet and residential lots with a minimum of 4,000 square feet. The homes would be built alongside the existing condominium building on the site. The present owner is Royal Bank of Missouri.
Francis said the new homes would be similar to “cottage-style” homes built in the nearby Miralago Subdivision. Drawings for the two-story “cottage homes” included in the area plan show three elevations or artist’s conceptions of the homes with floor plans that feature three bedrooms, 2.5 baths and two-car garages. Prices may be in the $250,000’s, he said.
Francis said the developer also has met with condominium residents, who said they were pleased the property would be developed. He said the existing infrastructure built into the five acres adjacent to the condominium building is expected to be removed and replaced with new streets, a new stormwater system, trees, irrigation and street lighting.
The project is the latest residential and commercial development proposal in the city. Two subdivision proposals are being built along Hwy. N and the city has several commercial tenants that are expected to open.
Farm and Home Supply Store, which is geared toward outdoor living, will open in April in the former American TV and Appliance location that closed in 2011 along Mid Rivers Mall Drive. Construction also continues on a Krispy Kreme store, also on Mid Rivers Mall Drive.