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Apartment boom underway in St. Peters where single-family homes once reigned supreme

St. Peters, once the place in St. Charles County for single-family homes, is beginning to see a shift toward more apartments.

There are now five apartment projects featuring 1,151 units that are close to being approved or are being built in St. Peters. The latest is a proposed 462-unit complex with a planned unit development [PUD] agreement approved by the city’s Board of Aldermen. The project, to be known as The Reserve at Mid Rivers, would be located on a 33-acre tract on the north side of Route 364, east of Mid Rivers Mall Drive.

The board  approved the delayed PUD request by a 7-0 vote at their May 10 meeting after delaying action at its April 26 meeting to allow a review by the city’s Planning and Zoning Commission of adjustments to building heights up to four stories on some buildings, and changes of square footage to 650 to 850 square feet per unit.

The city’s Planning and Zoning Commission reviewed the square footage and height changes at its May 2 meeting and voted to again recommend the project for approval to the board.

The Reserves at Mid Rivers is the largest of the five projects, several of which are relatively close to each other. Brad Goss, an attorney for developer Terra West LLC, said the apartments are geared toward singles or individuals without children. The complex will feature a number of amenities with “market rents” of perhaps $1,100 to $1,700 a month.

St. Peters, which has seen its available land for single-family housing shrink in recent years, saw little single-family activity last year with just 16 single-family housing permits issued, compared to 81 in 2016 and 143 in 2015.

“It’s more a combination of things versus one thing,” Julie Powers, St. Peter’s director of planning, community and economic development, said.

In some cases, some property owners are selling off land they have held for some time. Goss told the city’s planning and zoning commission that Dierbergs has owned the property for 45 years and had originally tried to develop it as commercial property.

Power said the sites also have good highway access for young workers working at companies such as BJC Healthcare and the new Amazon center planned for Premier 70 Business Park nearby. “It shows the vibrancy of the area.”

The other apartments under construction are the 137-unit Pure Apartments, east of Jungermann Road on Cloverleaf Drive; the 265-unit 5300 Centre on the north side of Mexico Road, east of St. Peters Centre Boulevard; the 100-unit townhouses of Alpine Heights, on the south side of Central School Road west of Kisker Road; and the 187-unit Meadowridge Apartments, on the south side of Route 364 at Robertridge Drive.

Meanwhile, Powers said the city is still looking out for single-family home development and that homebuilders are active throughout the county.  “It’s a good time for homebuilders,” she said.

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