Subtext to Bring Elevated Living to University City, MO with “LOCAL on Delmar”

Planned LOCAL on Delmar mixed use community in University City, MO

                                               (Renderings by ESG)

ST. LOUIS, MO – Subtext, a nationwide real estate company, in partnership with Larson Capital Management, a St. Louis private equity firm, recently acquired 1.98 acres at 6650 Delmar Blvd. in University City, MO, for the construction of LOCAL on Delmar.

 The five-story residential community is located in University City’s Delmar Loop entertainment district just north of Washington University in St. Louis. Construction will begin in September 2024 with completion expected in the summer of 2026.

 

LOCAL on Delmar is Subtext’s second project in  University City’s Delmar Loop entertainment district just north of Washington University in St.Louis 

LOCAL on Delmar is Subtext’s second project in the area, after delivering VERVE St. Louis near Saint Louis University in 2021. Headquartered in St. Louis, Subtext has a strong understanding of the local market.

 

The 259-unit, 398,225-square-foot apartment community will offer a mix of studio, one-, two-, and three-bedroom layouts, including townhomes.

 

The building will also host 399 parking spaces in a secure, attached five-story garage, and over 7,000 square feet of vibrant street level retail with an outdoor dining patio, adding to the energy of the Delmar Loop.

 

Featuring approximately 12,000 square feet of shared amenity spaces, LOCAL on Delmar is designed to provide residents with an elevated living experience that will support their holistic health, wellness, work, and social needs.

 Brandt Stiles

Amenity highlights include a work from home hub with plentiful private and collaborative spaces; a wellness suite with sauna and meditation room; a gym with cardio, weights, and outdoor fitness; a yoga and open fitness studio; a pool terrace with grilling, cabanas, and fire pits; and a club room with media wall, game room, vinyl listening station, and entertaining kitchen.

 

All of these spaces are designed to engage residents through a hospitality focus and a deep connection to local culture. Iconic architectural elements and salvaged items will bring in the rich spirit of the neighborhood.

 

Located at the corner of Delmar Blvd. and Leland Ave. in the Loop, LOCAL on Delmar offers residents an unbeatable lifestyle and location just a 12-minute walk away from Washington University and within a short drive to Downtown Clayton, Forest Park, and Central West End St. Louis.

 

“This site has long awaited redevelopment, and we are proud to have worked collaboratively with University City to design a project that not only meets the housing needs of the community but also fits authentically within the context of the Loop,” said Brandt Stiles, Founding Partner, Subtext.

 

“That is what our LOCAL brand is all about – putting residents first, creating spaces where they can truly be a part of the neighborhood and immersed in the local scene. We’re thrilled to be bringing this vision to life and contributing to the vibrancy of U City and the WashU community.”

 Brian Satterthwaite

LOCAL on Delmar was designed by ESG Architecture & Design. Other development team partners include local and regional groups: Brinkmann Constructors, general contractor; civil engineer, Stock and Associates Consulting Engineers, Inc.; and First Mid Bank & Trust as the lender.

 

“We have enjoyed a long and fruitful partnership with Subtext, as our firms share a common vision for how to bring exceptional value to residents,” adds Brian Satterthwaite, CEO of Brinkmann Constructors. “We have delivered premium projects across the country, but it’s particularly rewarding to build together in our home market and add to the development of the greater St. Louis area.”

 

 CONTACT

 

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

Member of the National Association of Real Estate Editors (NAREE)

“PR Strategist for the Commercial Real Estate Industry:  I do what I love and love what I do.”

 

subtextliving.com

www.larson.com/services/alternatives/real-estate.

www.brinkmannconstructors.com

 

Falcone Group COO Alfonso Costa Jr. Earns ULI Young Leader of the Year Award

 . 

Alfonso Costa Jr.

Boca Raton, FL –Falcone Group is pleased to announce that Chief Operating Officer Alfonso Costa Jr. was named the 2024 Young Leader of the Year by the Urban Land Institute Southeast Florida/Caribbean District Council (ULI).

This prestigious award honors inspiring industry professionals aged 35 or younger whose outstanding achievements and contributions are advancing the industry and positively shaping our region’s communities.

Costa Jr. will receive the Young Leader of the Year Award on Sept. 26 at ULI’s 16th annual Vision Awards event, which brings together the top land use leaders and practitioners throughout Southeast Florida and the Caribbean.

“ULI has been such an important part of my real estate career thus far, and I am humbled by this meaningful recognition,” said Costa Jr. “Our entire team at the Falcone Group—led by real estate titan Art Falcone—continues to make a positive impact on the communities where we invest and develop, which is why this award is truly a reflection of our company as a whole.”

Art Falcone

Prior to joining Falcone Group, Costa Jr. served as Deputy Chief of Staff & Opportunity Zones lead for the U.S. Department of Housing and Urban Development (HUD), where he oversaw policy for the $50 billion annually-budgeted Cabinet agency.

.Costa Jr. earned his law degree from Harvard University, master’s degree from the University of Oxford, and bachelor’s degree from Yale University, where he played both Division-I basketball and Division-I lacrosse while serving as Chair of the Yale Athletic Department’s Thomas W. Ford Community Outreach Committee.

 

 CONTACT

 

Michelle Griffith

Vice President

mgriffith@boardroompr.com

C 561-706-4585

O 813-534-5251

Web | Facebook | Instagram | LinkedIn

 

KW PROPERTY MANAGEMENT & CONSULTING Continues Central Florida Growth with New Regional Vice President Jeff Lessey

Jeff Lessey 

ORLANDO, FL –– KW PROPERTY MANAGEMENT & CONSULTING, a premier Florida-based association management company, welcomes seasoned professional Jeff Lessey as KWPMC’s new Regional Vice President overseeing the Central Florida market. Lessey is based in Orlando, where KWPMC is experiencing significant portfolio expansion.

Lessey is an accomplished operations executive with more than 20 years of experience in community management. He most recently served as a Vice President at FirstService Residential.

Jorge Lago.

KWPMC recently announced the addition of three new Orlando community assignments totaling nearly 2,000 units. The company now oversees management of Cascades of Groveland Homeowners’ Association, Inc. (a Trilogy-branded community), Solaire at the Plaza and Star Tower.

“Jeff Lessey joins us at an ideal time, given the increased demand for our services in Central Florida,” said KWPMC Chief Operating Officer Jorge Lago.

Mark King

“Jeff’s background in traditional property management, community management and hospitality fit seamlessly with the different residential product types in the region. He will play a critical role in ensuring our continued operational excellence across Central Florida.”

As KWPMC continues to expand its footprint across Florida, KWPMC also added industry veteran Mark King as its new Director of Talent Acquisition. Based in Miami, King has more than two decades of talent acquisition experience in the property management, real estate and hospitality industries.

One of the fastest-growing property management companies in the U.S., KWPMC manages more than 100,000 units and employs 2,600 team members.

 

 

Contact: 

 

Maria Suarez

(786) 363-1935

msuarez@KWPMC.com

 www.kwpmc.com.