An $18M building permit has been issued for Mill Creek Flats (yes, that’s seriously the name) on Theresa in the Midtown neighborhood. It represents the third phase of Steelcoat Square by Michael Hamburg of Pier Property Group of Woodward Lofts fame, which has developed residential in an unexpected part of town- the industrial area northeast of Grand and Chouteau. The six story building will have 105 apartments, two levels of underground parking totaling 101 spaces, and 10,000 square feet of retail space. The architect is Trivers.
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Amenities include a rooftop pool, fitness center, pet park & spa, rentable grow garden boxes, bicycle storage, and a business center.
Mill Creek Flats received a 10 year 85% plus 10 more years at 40% property tax abetment from the St. Louis Midtown Redevelopment Corporation a Chapter 353 corporation that is a partnership between SLU and SSM Health. It also received sales tax exemption on construction materials.
Mill Creek Flats was proceeded by Steelcoat Lofts in the Steelcoat Paint Company building, 33 apartments (1 studio, 25 one bedroom, 4 two bedroom, 2 one bedroom + Loft, 1 6th floor penthouse) and Steelcoat Crossing in the Columbia Oil Company building, 15 studio and micro apartments. The three buildings occupy the block surrounded by Theresa, Papin, Edwin, and Gratiot.