Image published by the St. Louis Post-Dispatch and provided to them by Midwest BankCentre; design is by fellow CBN member Rosemann & Associates.
Midwest BankCentre is donating its current property at the intersection of Gravois Avenue and Morganford Road, land worth $1.6 million, to Tower Grove Neighborhoods CDC for a 53-unit affordable housing project, Crossroads Senior Living at Bevo Mill. TGNCDC is also aiming to work with the Missouri Housing Development Commission, St. Louis Affordable Housing Commission, St. Louis Community Development Administration, the Federal Home Loan Bank of Cincinnati, and fellow CBN members the St. Louis Equity Fund and U.S. Bank on the project’s financing package. If the project receives approval for tax credits and other financing assistance, it’s slated to be complete by the end of 2022.
