CONSTRUCTION BEGINS ON $42M CORTONA AT FOREST PARK

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ST. LOUIS — Construction is under way on the $42 million Cortona at Forest Park, a 280-unit apartment complex in St. Louis. The project will occupy the southwest corner of Balke Brown Transwestern's 26-acre Highlands mixed-use development. The gated community will feature a 7,000-square-foot clubhouse, a saltwater swimming pool and an outdoor kitchen with lounging areas. Residents will also have access to a car-detailing service and a leash-free pet park. Monthly rents are projected to range from $1,000 to $1,750 when the property opens in 2014. Balke Brown hopes the development will attract young professionals. AFL-CIO Building Investment Trust is financing the project and Humphreys & Partners is the architect.

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