Work is set to resume on the Park Pacific project downtown now that the developer, Lawrence Group, has gotten a commitment on a $56 million federally insured loan from the U.S. Department of Housing and Urban Development.

Lawrence Group says HUD…

Grace Hill Settlement House and Catholic Charities Housing Resource Center are getting an award–and the money that goes with it–this evening from Bank of America’s Neighborhood Excellence Initiative.

Both have been named 2009 St. Louis Neighborhood Builders through the bank’s Neighborhood…

One in every 22 mortgages in the St. Louis metro area was at least 60 days past due in the third quarter, according to TransUnion; 4.5 percent. That’s more than twice the figure here two years ago, though it’s considerably…

The Environmental Protection Agency says JAX Limited Co., a property manager based in Manchester, will pay a $4,527 civil penalty and do $108,325 worth of lead paint removal work to settle claims it failed to inform residents and homeowners of…

As we noted in a short item in today’s paper, the pace of foreclosures eased in the St. Louis region in October, mirroring national trends that show that the worst of the wave of mortgage troubles just may be over.

The…

Mills Properties has grown its apartment-management roster by taking on five developments with a total of 1,254 units.

The management deals worth a combined $70 million–according to Mills–are for Oak Park Apartments and Townhomes in Spanish Lake, Parc Chalet Apartments in north St.…

A ribbon cutting scheduled for tomorrow morning will mark completion of the year-long renovation of the Railton Residence, The Salvation Army’s affordable downtown housing development, at 205 North 18th Street.

The Salvation Army has owned the Railton, formerly the Robert E.…

The median price of a home sold in St. Louis fell 4.4 percent in the third quarter, according to figures out this week from the National Association of Realtors.

The median - the point at which half of homes sold for more…

View from 7th and Washington; One City Centre in background

In case you missed it, today’s P-D has a story (read it here) about plans to redo St. Louis Centre.

The plan is interesting and it’s part of a project to make over…

A bar is set to open this month in the newly remodeled building next to St. Louis University at 3693 Forest Park Avenue.

Called the Library Annex, the bar will occupy the ground floor of the newly redone building McGowan Brothers Development converted…