Garrison Hassenflu, of the Kansas City-based Garrison & MW Companies, is planning a 6-story apartment building at 4120-44 Lindell Boulevard in the Central West End. The site is across Lindell from the Lindell Marketplace and Schnucks store.
The project, which is being referred to as "41 Lindell", will feature 254 luxury apartment units with rents being set at $1200 a month for a studio unit, $1600 a month for a one bedroom unit, and $2100 a month for a two-bedroom unit. 1,212sf of retail space is included along with an underground parking garage and surface parking lot at 4141 West Pine for a grand total of 258 spaces. The new building will have a deck on top of the garage in the East-wing of the building that will include a pool, grill area, and outdoor kitchen. Other planned amenities include a fitness room, community room, cyber café, game room, package room, bike storage/wash area, and a pet washing area. Most, if not all, of the apartments will include balconies.
41 Lindell will see the demolition of a few buildings on site but will retain the 4140 Lindell building. As such, this project will create a new street wall on either side of the 4140 building. The buildings to be demolished were previously occupied by "Places for People" and the Lindell Professional Building.
According to the developer, 41 Lindell has a cost projected at $57 Million.
"The latest reports have the overall vacancy in midtown at roughly 5% with rent growth in the 3% range. There is a rental housing shortage in the area" - Developer Quote
The developer will seek a tax abatement for the project, which they hope to begin in the Spring of 2021. The abatement is requested for 15 years and will be determined by the economic model at the LCRA. The site is zoned for a usage like this, so no rezoning is required. 41 Lindell does fall within the Central West End Form-Based District "Boulevard Type-1" rules, which includes stipulations on building design, setbacks, and height (which is limited to 12-stories on these parcels).
B+A Architecture of Kansas City is the architect on the project. St. Louis-based Raineri Construction is listed as the contractor. 41 Lindell is the Garrison Companies' and B+A Architects' first project in St. Louis.
41 Lindell joins the continued growth of the Central West End, which currently has the apartment building at 4545 Laclede (205 units) underway and an AC Hotel on York Avenue underway. Recently, Mac Properties opened up the 316-unit 100 Above the Park on Kingshighway. Additional projects, such as townhomes (Artizen and West Village), are underway as well. Head East on Lindell, where McPherson merges with Lindell, and you'll find that the Verve Student Housing complex is under construction and will add over 70 apartments there. 41 Lindell also sits in close proximity to the SLU Campus, City Foundry, Cortex Innovation District, and the Washington University Medical Center Campus.
The project was born out of the parcels at 4120, 4130, and 4144 Lindell being put up for sale late last year. Avison-Young was listed as the broker. The property at 4140 Lindell was not included in the sale package. The City website does not show a change in ownership for the parcels at this point in time.
*- Mr. Hassenflu is a Managing Member of MW Development Enterprises, LLC, the development entity. He is also President of Garrison Management Company, the property’s property manager. These companies along with other affiliated companies make up the umbrella entity, Garrison and MW Companies. He has over twenty-five years of experience in development, having developed over $140,000,000 in affordable and mixed-income living units totaling over 1300 units.
In Kansas City, the firm is currently seeking approval for a 163-unit apartment building at 31st and Gillham on what is known as "Martini Corner". That project is known as "The Levy at Martini Corner". A rendering of that is attached.
