Author - Marty Smith

New upscale senior living facility opens, Stonecrest of Town and Country

New upscale senior living facility opens, Stonecrest of Town and Country

A new upscale senior living facility opens with strong community support in Town and Country, Stonecrest of Town and Country

TOWN AND COUNTRY, MO/June 14, 2017 (STLRealEstate.News) Stonecrest of Town and Country Senior Living facility hosted its Grand Opening and Ribbon Cutting with strong community support with an overwhelming turn-out.  The event featured first-class hospitality with red carpet entrance, champagne, appetizers, tours, valet parking and more.

Officials from Town and Country city as well as the fire department were present to show their support of the new facility.

Stonecrest is an assisted living facility and memory care community with 60 apartment homes and many elegant amenities including, Studio, one-bedroom or two-bedroom apartments, full-sized refrigerators, individual apartment climate control, maintenance and utilities included, state-of-the-art emergency call system, staffing 24-7, restaurant style dining and ordering, multiple patios and decks as well as beautiful landscaped outdoor living space with outdoor dining and fireplace area with built-in BBQ, raised garden beds and much more.

Stonecrest of Town and Country Senior Living is conveniently located at 1020 Woods Mill Road in Town and Country.  It is located behind (to the south) of Schnucks located near 141 and Clayton Road.

About Stonecrest of Town and Country Senior Living

The staff is trained to provide residents with the highest standards of senior care services amidst a beautiful community.  Stonecrest is operated by Integral Senior Living (ISL), which manages independent living, assisted living and memory care properties.  ISL was founded on a care philosophy that fosters dignity and respect for residents promoting their independence and individually.

Stonecrest/ISL has two others locations in the St. Louis metro area, one in operation at 8825 Eager Road, Richmond Heights, MO 63144 and one under construction in Wildwood, MO.  Additionally, they have multiple locations around the mid-west.

For more information call (636) 234-3153 or visit http://stonecrestoftownandcountry.com.

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Source:

Linda Iken-Robertson, Executive Director

Company Website

PRWeb Press Release

Display home at Arbors at Bluebird Park in Ellisville is open

Display home at Arbors at Bluebird Park in Ellisville is open

ELLISVILLE, MO/April 29, 2017 (STLRealEstate.News) McBride & Son Homes recently announced, on their website, that a new development in Ellisville, Arbor at Bluebird Park, is now open.

They recently hosted the Grand Opening and according to their website they have 50% of the 20 home-sites planned are already sold with the single family homes starting at $330,000s.

“This gorgeous community is a private enclave of just 20 home-sites and is surrounded by beautiful mature trees,” says John F. Eilermann Jr., CEO and Chairman of McBride & Son Homes.

The Arbors at Bluebird Park is located on a single cul-de-sac with many homes backing to trees and common ground.  Several homes are over-sized home-sites capable of accommodating three car garages.  The community features a walking trail leading straight to Bluebird Park and is located in the Rockwood School District.

About McBride & Son Homes

McBride & Son Homes to develop former Fienup property, Chesterfield

McBride & Son is an employee owned company.  It is the largest home-builder in St. Louis as well as the state of Missouri.  According to their website, the company is currently ranked in the top 9 largest privately owned builders in the country and is 27th largest home-builder overall according to Builder Magazine.

McBride & Son Homes is located at 16091 Swingley Ridge Road, Suite 300, Chesterfield, MO 63017.  Phone number is (636) 537-2000.

For more information contact Lonnie Ledbetter at (636) 220-3010 or visit their website.

 

McBride & Son Homes to develop former Fienup property, Chesterfield

McBride & Son Homes to develop former Fienup property, Chesterfield

CHESTERFIELD, MO/April 10, 2017 (STLRealEstate.News) March 27, 2017, McBride & Son Homes published on their website that they were under contract for a 223 acre Chesterfield property.  It was previously owned by the family of W.G. Fienup, whom invented the pop-open biscuit can that eventually spawned Pillsbury’s Poppin’ Fresh Dough Boy.

The property is located off Wild Horse Creek Road, just east of Long Road.

This is one of the most coveted and beautiful pieces of ground in West St. Louis County,” said John F. Eilermann Jr., McBride & Son CEO and Chairman.  “We are thrilled to be a part of such an exciting development.”

This new residential development will include 223 single family luxury homes.  Five types of home products ranging from $500,000 to over $1.5 million.

McBride has been consistent in their efforts to preserve the existing 26 acre lake and 50+ acres of surrounding ground.  There will be no homes backing to Wild Horse Creek Road to uphold the beautiful lake view from the road, and the home-sites will be clustered toward the center of the site in these preservation efforts.

There were a lot of proposals for this property that included covering the lake, but we really wanted to conserve it and make it a recreational amenity that neighbors could enjoy,” stated Eilermann. “A lot of the Chesterfield community was involved in the plans to make sure that this beautiful property was preserved.”

This community of luxury single family homes contains exceptional amenities to promote a healthy lifestyle and grand general sense of community.  There are two elaborate pavilions planned with stone fireplace, public restroom facilities, and a large fire pit with circle seating for an enhanced social atmosphere.

Recreational activities include a paddle boat dock and two fishing docks at the 26 acre lake, walking/ jogging trails, and four pickle ball courts interspersed throughout the community.  Family oriented spaces include a community garden with lockers, a playground, and two tot lots for smaller children.

We’ve had a lot of community involvement throughout our planning process of this development,” stated Eilermann. “One of our main goals in this creation has been to support existing Chesterfield retail, schools, churches and local franchises.”

McBride & Son Homes and J.H. Berra will develop the Fienup property.  A master plan was submitted in mid January and the neighborhood is expected to close the first homes in late 2018.

McBride & Son Companies, celebrating over 70 years of building, offers homes in over 50 communities in metro St. Louis.  McBride & Son is an employee owned company based in Chesterfield and is the largest home-builder in St. Louis and the state of Missouri.  The company is currently ranked in the top 11 largest privately owned builders in the country and is 51st largest overall.  The company is also recognized as the largest Union home-builder in the United States.

J.H. Berra Construction is a full-service construction company offering design, engineering, paving, earthwork and site utilities.  The firm provides work in the residential, commercial and municipal sectors and has been in business since 1963.  With more than 500 skilled workers and several business divisions J.H. Berra is a leader in the construction field in St. Louis.

Contact information:

McBride & Son Homes

16091 Swingley Ridge Road

Suite 300

Chesterfield, MO 63017

Phone: (636) 537-2000

Fax: (636) 537-2546

Better Homes and Gardens Real Estate adds St. Louis franchise

Better Homes and Gardens Real Estate adds St. Louis franchise

ST. LOUIS, MO/March 28, 2017 (STLRealEstate.News) Better Homes and Gardens Real Estate, a full-service national real estate brokerage determined to expand its operation and clientele hold in 2017, this week announced they have added their latest St. Louis, Missouri-based brokerage, Properties West, to their franchise network.  Now called the Better Homes and Gardens Real Estate Preferred Properties, led by brokers Charles and Laura Davis, they are poised to take on any kind of real estate demand in the St. Louis metropolitan area.

The owners went on to state, “It is rare to find a partnership with a completely aligned set of values, but that is how we immediately felt with Better Homes and Gardens Real Estate,” said Laura Davis.  “We are going to continue to support our affiliated agents as we always have as a small company, but with great resources from a recognized brand.”

Better Homes went on to state they have such passion and energy when it comes to providing an authentic and personal experience to every single real estate customer they support.  Sherry Chris, president and CEO of Better Homes and Gardens Real Estate LLC stated, “This mindset is fully embraced by the entire company and makes them a perfect fit for our network.  We are thrilled to be working together to serve the St. Louis region, and can’t wait to get to work.”

The newly formed entity will move into a new location this April.  They have not, at this time, disclosed their intentions for where they plan to move, what sized office they are looking at, and if they have any expansion plans in the near future.

This isn’t the first St. Louis real estate partnership formed in 2017.  The area has proved to be a hotbed for buying and selling of property today, so companies from around the country are eyeing the region for a regional office.

The most expensive real estate developments in American history

The most expensive real estate developments in American history

March 28, 2017 (STLRealEstate.News) You could probably guess where the most expensive real estate development is going to be overseen for the next seven years: New York City. With an estimated cost of $20 billion, New York City’s Hudson Yards neighborhood is set to become the most expensive private real estate development in American history today.  That’s a lot of money being used to develop out a singular neighborhood.  Construction is set to wrap up around 2024, and the community is going to include all types of buildings, from luxury condos to boutiques, and even offices. It is quite the impressive undertaking.

We’re going to look at other American real estate projects that came with a billion dollar price tag over the past few decades.

City Center, Las Vegas
It cost $8.5 billion to build out the City Center in the center of Las Vegas. Construction started in 2006 and the development opened only three years later, featuring 16.7 million-square-feet of casinos, high-end shops, hotels, and luxury condos.

The Spring District, Bellevue, Washington
A 16-block neighborhood, which will be completed in 2028, came with a $2.3 billion price tag.  It’s been an ongoing process, with the first phase the project commencing in 2015, and the initial plans and negotiations happening back in the early 2000s.  Once completed, it will be a mixed-use development with a light rail station, housing, office space, parks, and retail.

Brickell City Centre, Miami
It cost close to $1.05 billion to build the Brickell City Centre from 2014 to late 2016.  Located in Miami’s financial district, the mega-development spans five blocks and consists of shops, a move theater, restaurants, office towers, and condos.

Springwoods Village, Spring, Texas
Located 20 miles north of Houston, this Texas development cost close to $10 billion by the time it was done.  Officially called Springwoods Village, the development features offices, residences, a hotel, retail, restaurants, and a ton of green space.

St. Louis County homeowners can get a look at their property value

Average US 30-year mortgage rate falls to 3.95 pct, 2017 low

ST. LOUIS, MO/March 25, 2017 (STLRealEstate.News) The St. Louis County assessor’s office, this past Wednesday, announced that property owners in the county can now view preliminary property values.  The values will continue to be assessed until June 1, when the tax roll is certified.  Unlike previous years, the availability of these preliminary rates will help homeowners to get a better idea of what taxes they can expect, as well as what property value they have in possession.  It will help contribute to promoting healthy selling and buying in the St. Louis real estate market.

“We are encouraged by early numbers showing an increase in values across the county but we know there may be variances in some of our data so we encourage property owners to contact our office,” County Assessor Jake Zimmerman said in a statement on Wednesday (March 22nd).

When the values were last assessed for properties back in 2015, they showed a lower percentage compared to today.  The median property value of residential real estate across the county increased 7.3 percent, up from 2.3 percent this time in 2015. Zimmerman went on to say, “Unlike previous reassessment cycles, the increase in real estate values is not just confined to specific neighborhoods or affluent parts of the community.  We are seeing it in all communities in our county – this is a great sign for the health of our market.”

Commercial property owners will receive notices by June regarding the assessment changes and projected tax liabilities.  Residential property owners will receive the notice one month prior in May, noted the assessor’s office this week.

For everyone intent on taking advantage of the early property value viewing, the values can now be viewed right online: http://revenue.stlouisco.com/ias/. The office provided a phone number for people with questions or concerns regarding their preliminary estimate: 314-615-4500.  For commercial property owners, call: 314-615-4984.

Retailers continue to try and compete with Amazon.com

Amazon.com

March 22, 2017 (STLRealEstate.News) It’s been a rough few years for retail stores unable to compete with the rise of online shopping and the domination of Amazon.com.  The mammoth delivery platform is able to promise consumers same-day delivery on products they can purchase right from the click of a mouse.  The convenience is unmatched, and more on-the-go individuals are opting for the Amazon experience over any other type of retail purchasing.  As a result, retailers nationwide are closing down and selling property, especially American malls.  It’s not a pretty site, but it’s one that is a daily reality unfortunately today.

The problem is that Amazon has made major investments in its logistics networking, buying 1M SF distribution centers, closer-in 500K SF fulfillment centers and a wide network of last-mile depots where products are taken to their destination.  It’s also planning to increase its vehicle delivery network as it aims to be on par with FedEx and UPS.  Amazon has been able to make these investments because the company’s investors provide it with the capital to not worry about the short-term effects.  Today, the company can guarantee free, two-day shipping to 65 million Amazon Prime customers, and offer same-day delivery in a few dozen markets, making it even harder for traditional retailers to keep up.

Mid-size to large retailers are struggling to keep up with their expansion rates.  For most stores, the first step to drawing people away from Amazon and into their physical stores is to offer in-store pickup for online purchases.  But, offering this service requires more labor demands and having a round-the-clock staff waiting to present this kind of service.

Even more, these stores know they have to provide at-home delivery as well.  They simply don’t have the network Amazon does, so they are trying their best to come in second place.

Soulard’s Restaurant suffers devastating fire

Soulard's Restaurant

ST. LOUIS, MO/March 18, 2017 (STLRealEstate.News) A historic restaurant, in a historic building in the historic district of Soulard burned Friday, March 17, 2017 at approximately 6:00 pm.  St. Louis’ finest, The St. Louis Fire Department responded to the alarm preserving the structure of the building, but the inside appeared to be an unconfirmed total loss.

The establishment is known as Soulard’s Restaurant and Bar located at 1731 South 7th, St. Louis, MO.  Soulard’s has been in business for more than 40 years according to the establishment’s website.

According to an employee, they were cleaning backed up grease and food and a fire started quickly spreading.  Employees vacated the facility to safety after calling 911.

According to the company’s website, they call the fire “devastating.”  Being present for the tragedy their description is a reasonable one.  They have not provided any further details.

Tim Badock is the owner of Soulard’s Restaurant & Bar.  Another member of the Badock family, Dan Badock, owner of Lewis & Clark restaurant located in St. Charles, MO suffered damages from a fire on March 8, 2017.

Friends interviewed at the scene felt confident that Badock would reopen after repairs are made stating that Badock is a dedicated restaurateur, however, that has not yet been confirmed by Badock.

Soulard’s Restaurant is considered a fine dining steakhouse with seafood options.  Their online reviews range, but it is around a 4 to 4.5 star rated restaurant with a long history.  Certainly, many local residents will be hoping for further information about Badock plans.

Pictures and video courtesy of St. Louis Media, LLC

Sellers becoming more selective in the St. Louis seller’s market

St. Louis sellers market

ST. LOUIS, MO/March 18, 2017 (STLRealEstate.News) It was only a matter of time before sellers started to take advantage of their seller’s market in St. Louis today.

Barry Upchurch, president of St. Louis Realtors, sat down this week to explain the seller’s market hold on St. Louis and how sellers are taking advantage of their positioning.  “It is an undoubted seller’s market today, as we are seeing multiple contracts on a home and condo when they come onto the market,” said Upchurch.  “Since seller’s have such a hold, they are becoming more picky with terms and conditions, like obtaining bulletproof pre-approval letters.  This all points to the fact that buyers need an excellent negotiator in their corner.”

Upchurch did argue that it could be interesting to see which way the central corridor in St. Louis will go this spring.  He noted that inventory is definitely low, and although sellers consider themselves on top of the world today, buyers are starting to get selective about their purchasing decisions as well.

“There may be low inventory in the Central West End, but buyers are starting to be more selective in their decisions early in 2017, another good reason to consider realtors when weathering this hot-and-cold market,” said Upchurch.

All local realtors do agree that now is definitely the time to act as the economy heats up this year with the Fed increasing interest rates.  The bargain exchanges that are occurring in St. Louis right now won’t be the same bargains a year from now.  “Now is definitely the time to act for people who are looking for the real estate steal of the century,” said Upchurch.

It should definitely be interesting to watch the course of the St. Louis real estate market throughout 2017.  One thing is for sure: the competitive interest is a good sign for the health of the region.

America’s most sober cities dictated by religion

most sober cities

March 13, 2017 (STLRealEstate.News) For those more interested in living in a sober city rather than a boozy city, Realtor.com this week, in addition to their booze assessment, also sat down to determine which American cities are the least interested in boozing and opening bars.  The site found that as predicted, religion had a major impact on how likely a city was to be focused on boozing.

To begin the assessment, Realtor.com researched 300 American cities on their rate of binge drinking, the number of bars, wineries, breweries, and distilleries per capita, the percentage of homes with a wet bar, the number of drug and alcohol rehab centers, and the percentage of traffic fatalities that are related to drinking.

The results?  Realtor.com found that every month is Dryanuary in Utah, having the number one, Provo, and number three, West Jordan, most sober American cities.  Many residents take a pass on alcohol all year long due to the state’s large population of devout Mormons, who abstain from drinking alcohol as well as caffeine, aided by the state’s stringent liquor laws.  In restaurants operating today, bartenders are required to mix drinks out view behind a “Zion Curtain.”

The next trend proved that people live in the suburbs for a reason: they don’t want to party there, too.  Several of the most sober cities, including Daly City, California, at number two, and Hialeah, Florida, at number eight, are two family-oriented regions not interested in opening their arms to drove of bars and breweries.  For suburban residents, they do have the luxury of just taking a cab 10 or 20 miles to the nearest booze-friendly city.

Other sober cities include El Monte, California, with 12.7% of the adult population admitting to binge drinking, Memphis Tennessee, with 9.6% of population admitting to boozing, Laredo, Texas, with 13.6% of population admitting to boozing, and Newport News, Virginia, with 14.8% of the city admitting to boozing.