Developer CRG is building a mid-rise apartment complex in the Streets of St. Charles as part of its $1 billion nationwide multifamily investment plan that will build apartments for middle- to upper-income professionals in high-growth markets.

The building, to be called Chapter at The Streets, will consist of 245 units on a 2.2-acre site at 333 Mulholland Drive in The Streets of St. Charles mixed-use development, with ground-level parking. Construction should finish by the second quarter of 2023, with the first units turned over for occupancy in the same quarter. Development costs were not disclosed.

“Walkable suburban communities like Chapter at The Streets that combine residential with retail services, along with easy access to nature and recreation, will be immensely appealing to renters. You hear a lot about 15-minute cities – this is a 5-minute city,” J.J. Smith, CRG’s managing partner, and residential group leader said in a news release.

View full article in the St. Louis Business Journal