CLAYTON, Mo. – As a result of the City of Clayton’s Plan Commission and Architectural Review Board’s decision at Monday night’s meeting the first new condominiums, in nearly a decade, will be built in Clayton.
“For a decade now, the only multi-residential construction in Clayton has been of apartments,” Mark Mehlman, the developer of the last condominium project in Clayton, The Crescent, said.
According to a press release, the new development will be called The Pearl Condominiums in Clayton. The developer, Topton Way Condominiums, LLC, is a joint venture between Mark S. Mehlman Homes, LLC and Mehlman Brothers Development, LLC.
The joint venture is a family affair, the release states. Husband and wife Mark and Debi Mehlman own Mark S. Mehlman Homes, LLC and their sons, Scott and Blair, own Mehlman Brothers Development, LLC.
Core10 Architecture and Lindell Bank are the architect and lender for the development.
“The development will address some of the pent-up demand that has accumulated in the Clayton condominium market over the last ten years,” Mehlman said.
Construction of two nine-unit, three and one-half story buildings was voted and approved by the municipal bodies. The site is located south of Maryland Avenue across Topton Way from Clayton High School and the Center of Clayton and is steps north of Shaw Park.
“The location’s proximity to such strong Clayton companies as Caleres, Enterprise and Centene will add to its desirability,” Blair Mehlman said. “We expect particularly strong interest from young professionals and empty nesters.”
Four two-story, four-family apartment buildings at 43, 47, 51 and 55 Topton Way will be razed to make room for the development. In their place, 18 two and three bedroom luxury, light-filled residences with two and one-half or three and one-half bathrooms, and open floor plans will be constructed. A loft room and rooftop terrace will be available in larger units. The release also stated that all of the residences will include high-end finishes, 10-foot ceilings and individual outdoor living spaces. There will also be underground, heated garages, storage lockers and elevators in both of the buildings.
The Pearl Condominium will range from 1,733 to 3,220 square feet and be priced from $800,000 to $1.5 million. The development is scheduled to undergo construction in the spring of 2019 and is hoped to be completed in 18-24 months.
For further information about the condominium, or to make reservations, call Debi Mehlman (314-277-4465) or Mark S. Mehlman (314-640-3499) or visit the website here.
FEATURED IMAGE/The Pearl Rendering/TOPTON WAY CONDOMINIUMS,LLC