For the fourth time since 2015, the Lake Saint Louis Board of Aldermen has approved a 12-month extension to allow a site plan to remain valid for a major proposed retirement community proposed by Lutheran Senior Services.
The board voted 5-0 to approve the extension at its Sept. 17 meeting. Alderman Karen Vennard [Ward 3] was absent.
The city originally approved the site plan for the then proposed $50 million development known as Lake Pointe in 2013. The city normally requires that work on the site plan should begin within 24 months of approval; however, the city does allow 12-month extensions for beginning work.
Twelve-month extensions were granted in 2015, 2016, 2017 and now in 2018 for the retirement community that is set to be developed on 37.29 acres, northeast of Interstate 64, northwest of Dauphine Drive, northeast of Civic Center Drive and west of Freymuth Road.
The original proposal called for initially developing 400,000 square feet of space including two four-story apartment buildings with 88 apartment units in each, a four-story healthcare building, and a two-story town center featuring dining venues, meeting rooms, offices and an exercise and swimming pool wing.
Future plans called for additional apartment buildings, a second health center and four one-story cottages.
“We haven’t been able to do that because of things,” said Mark Schoedel, vice president of construction for Lutheran Senior Services. The “things” have largely to do with the development of another Lutheran Senior Services retirement community – Mason Pointe in Town & Country – Schoedel told aldermen.
He said the Mason Pointe development taxed Lutheran Family Services to the point that most of its resources and time were absorbed. Now that Mason Pointe is nearing completion, Lutheran Senior Services can turn its attention to the Lake Saint Louis project, he said.
Schoedel did not give a timetable for the Lake Pointe project but told city officials that Lutheran Senior Services remains committed to it, having already spent $7 million on the development site.