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Chicago & Midwest  + Midwest  + Apartments  |  December 6, 2023
Jasmine Kilman
By: Jasmine Kilman

KC-Based NorthPoint Development to Build St. Louis MF Complex

Kansas City-based NorthPoint Development has acquired properties at a key intersection in St. Louis held by developer Lux Living. NorthPoint plans to build an apartment complex to replace the aging houses.

NorthPoint acquired the seven properties through intermediaries, reported the Kansas City Business Journal. The properties are occupied by a row of seven vacant houses that date to about 1903, which would be slated for demolition to make way for the new development and apartment complex. They are located near South Kingshighway Boulevard and Interstate 64.

NorthPoint has a number of apartment projects in Kansas City underway, and the firm has built 11 industrial parks in the St. Louis region since 2015. It has about $500 million more in industrial projects, with many of the developments in suburban industrial parks. St. Louis-based Lux Living has established a presence in Kansas City with recent apartment projects currently underway.

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NorthPoint DevelopmentLux Living

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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