KAI BEGINS PHASE II OF CAMBRIDGE HEIGHTS

ST. LOUIS — KAI Design & Build will soon begin construction of the second phase of Cambridge Heights, a three-phase, $45 million mixed-income housing community located in St. Louis. Phase II, which will cost $15 million and commence in June, will consist of 102 rental units, 72 of which will be designated as affordable housing. This phase, along with the 20 for-sale homes that make up Phase III of the project, is scheduled for completion in fall 2009. The first phase, which was completed in June 2007, includes a playground and 20 buildings containing 121 residential units, as well as a management/community facility. Community amenities will include two playgrounds, a community meeting space, a computer center and secure resident parking. St. Louis-based Cochran Redevelopment Partners is developing the project in partnership with various city, state and national government housing organizations. KAI is serving as construction manager, general contractor and project architect. Cambridge Heights replaces a distressed 500-unit housing project that was ordered to be demolished by the Department of Housing and Urban Development.