Land is being cleared at 110 Brandon Wallace Way in Festus to make way for construction of a three-story, 60-unit senior housing complex.
Ring Property Co. in Chesterfield is the developer for the project, called Sunridge Meadows.
The new housing development is welcome, city officials said.
“Senior housing is a plus,” City Administrator Greg Camp said.
Bob Ring said construction of the approximately 69,300-square-foot building is expected to be complete in December 2022.
Living spaces will be 750 square feet for one-bedroom units and 885 square feet for two-bedroom units, he said.
Amenities will include a community room with kitchen appliances, a computer room, a fitness room, an outdoor furnished patio and walking paths, Ring said.
He said the monthly rental rates for the one-bedroom units will range between $335 and $525 and between $365 and $575 for two-bedroom units, depending on the applicant’s “status and income limitations.”
Ring said the company plans to begin taking lease applications late summer.
“Preleasing will commence roughly four months prior to building completion,” he said in a written statement. “A sign will be erected on site when the property management firm will begin to accept applications for occupancy. The sign will contain the telephone number to be contacted in order to commence the application process.”
Ring said the site location in Festus was a big factor in the company pursuing the project.
“Truman Village is conveniently located off a major thoroughfare and the site is well configured for the building we are going to construct,” he said. “As important, we have an outstanding relationship with (Festus) city leaders and staff, who have been amazingly supportive of this project through the entire approval process. For that, we are extremely grateful.”
Festus City Council members voted 7-0 Jan. 24 to approve the final plat for the Sunridge Meadows project. Ward 2 Councilman Brian Wehner took part in the meeting remotely, but he could not vote because of trouble with the internet connection at the time.