ST. LOUIS – A new, large-scale apartment complex is expected to open in the Dogtown neighborhood by the end of the year.
The Hibernia Apartments is being constructed on the site of a former lumber yard. The 100-unit complex will be anchored by a Fields Food grocery store.
Indianapolis real estate developer Pearl Companies obtained $3.8 million in tax-increment financing (TIF) from the City of St. Louis.
According to the developer, rent for the 89 one-bedroom units are expected to start at $1,300 and $1,900 for the 11 two-bedroom units.