The next piece of Green Street Real Estate Ventures’ efforts to revitalize the Forest Park Southeast neighborhood off of McRee Avenue in St. Louis, Missouri is underway! ARCO Construction joined repeat client, Green Street Development Real Estate Ventures, the Bank of Washington and project architect, HDA Architects for the groundbreaking of The Rail.
During the event, Green Street Real Estate Ventures Founder and CEO Phil Hulse shared, “The Rail is an addition of live, work and play. We want our City to grow, and we have all the makings to do so by bringing people back together … This is a City of collaboration.”
Park Central Development Executive Director Abdul Abdullah added to the sentiment for the concept behind the new development and surrounding area, “I see the vision. I see not just a green street, but a green city.”
About The Rail
Located on a four-acre site, the new four-story multifamily development will offer residents 268 units to choose from in a combination of studio, one-bedroom, and two-bedroom layouts. The Rail totals ±380,750 SF and is centrally located to provides easy access to multiple business offices, restaurants, entertainment spaces, and Interstate-44. The development will also include 266 parking spaces through a new three-level parking structure. Multiple amenity spaces in the enclosed courtyard will feature a pool, outdoor kitchen, bocce ball court, firepits and dog park areas.
St. Louis Business Journal article
ARCO Construction is proud to be part of this exciting project and looks forward to its completion in 2024!
About Green Street Real Estate Ventures
Green Street Real Estate Ventures is a commercial real estate development company offering a total business solution to entrepreneurial-minded businesses. They offer a unique and comprehensive suite of services from design/construction to project financing and incentives resulting in operational success for their clients. Green Street Real Estate Ventures delivers more than the traditional real estate developer ensuring that their projects maximize value for the clients’ business. They are “place makers” who excel in the ability to identify and sustainably develop underutilized properties, transforming them into productive work environments and ultimately revitalizing the surrounding community.
About HDA Architects
“It Starts With A Vision” remains more than just a motto to HDA; it is how the company truly began and has continued to grow. Over their 36 plus year-old history, they have expanded their business from traditional office buildings into varied market segments to include beverage wholesaler, interiors, industrial / distribution, power retail centers, auto dealerships, multi-family, mixed-use, hospitality, and craft brewery market sectors. Through their journey, the HDA staff has designed over 100 million square feet of projects in 44 states at a construction value of over $3 billion. To learn more, visit www.hdai.com. #itstartswithavision.
With 30 years of experience, ARCO has grown to become a leader in the design-build industry with offices in 31 major markets and hundreds of associates nationwide. As the 5th largest design/build general contractor in the United States, ARCO offers the strength and presence of a national builder with the personalized attention of a small company. We provide our clients with complete, turnkey project delivery from site selection to building turnover. Our professional qualified team of engineers, project managers, superintendents and architects are capable of designing and building the most demanding projects anywhere in the country. We pride ourselves in offering the best, most cost effective, single source solutions while adding value to every project. As the design-build experts, ARCO’s approach results in reduced risk, firmer prices sooner and faster results.