Village at Delmar Place – Rise’s Latest STL Development

Rise’s most current development project in St. Louis, the Village At Delmar Place, began construction in October of 2014.

Currently under construction are 40 single family apartments and townhomes- 16 garden style two-bedroom apartments, 2 garden style three-bedroom apartments, 18 three-bedroom townhomes, 4 four-bedroom townhomes, and a community building.

This project is a great example of diverse partnerships, and of our commitment to partnerships formed from the ground up.

As part of MHDC’s Minority Business Enterprise (MBE)*/Women Business Enterprise (WBE)Mentor/Protégé program, Rise has entered into a joint venture developer relationship with Efficacy Consulting LLC, an emerging women-owned minority business enterprise, to assist in growing their capacity in planning and development.

Rise, Efficacy Consulting, LLC, and West End St. Louis Neighborhood are excited to work together to lift up another area of St. Louis in order contribute to a robust and thriving future for the neighborhood.

We will keep you posted as the project moves forward!

Co-owner of the property is West End St. Louis Neighborhood, LLC. Our development partners are West End Developer, LLC and Efficacy Consulting LLC. Investment partners are: Missouri Housing Development Commission (MHDC),City of St. Louis Community Development Administration (CDA), Sterling Bank and Bank of New York Mellon Trust Corporation.

*Women Business Enterprise (WBE) – a business which is at least 51% owned by one or more women members; or in the case of a publicly owned business, one which at least has 51% of its voting stock owned by one or more women members, and whose management and daily business operations are controlled by one or more of such individuals.

†Minority Business Enterprises (MBE) – a business which is at least 51% owned by one or more minority members; or, in the case of a publicly-owned business, one which at least has 51% of its voting stock owned by one or more minority group members, and whose management and daily business operations are controlled one or more such individuals. Minority group members include, but are not limited to, Black Americans, Hispanic Americans, Native Americans, Asian Pacific Americans, and Asian Indian Americans. The term “minority worker” shall include representations of all the previously state minority groups.

Emerald Ridge Ribbon Cutting – Windy and Fantastic!

It was a cool, blustery and sometimes sunny day, perfect for a grand opening and ribbon cutting! About a year and one month after construction began Rise and the Village of East Alton celebrated the Grand Opening of Emerald Ridge with a ribbon cutting ceremony on April 20, 2015 at 1 PM. The event was well attended by representatives of the Madison County Board of Directors, Illinois Housing Development Authority (IHDA), the Illinois Department of Commerce And Economic Opportunity (DCEO), Southwestern Illinois Development Authority (SWIDA), and the RiverBend Growth Association. There were also some residents and community members in attendance. The Emerald Ridge development is the culmination of over a decade’s work by the leadership of Rise and the Village of East Alton aimed at combating the negative impact of the continued decline of the housing stock in the “Defense Area”, now know as Emerald Ridge. Fred Bright ( Mayor of East Alton ), who is scheduled to retire in a couple of weeks, was key in bringing the dream to reality and was there to thank and praise the Village and all of its staff for their tenacity and hard work. Honored guests and speakers to included: Madison County Board Chairman Alan Dunston, Mayor of East Alton Fred Bright, Treasurer Mary Kane (Illinois Housing Development Authority), Board Chairman Jim Nations (Southwestern Illinois Development Authority), Regional Manager Edie Koch (Illinois Department of Commerce And Economic Opportunity), Monica Bristow (President, RiverBend Growth Association), and Stephen Acree (President, Rise Community Development). The ceremony concluded with a traditional “cutting of the ribbon”, followed by a tour of some of the brand new single family homes. Special thanks to Joe Silkwood, Roger Werts, Denny Weber and John Nuernberger for your in valuable help in making the event a success!

Rise to receive award for “Housing Development Project of the Year” by CDA

On Wednesday, April 8, 2015 Rise will receive the “Housing Development Project of the Year” award from City of St. Louis Community Development Administration (CDA) for our work at Fox Manor. The ceremony takes place at the Jewel Box in Forest Park and goes from 6 to 8 pm.This award will be given “in recognition of our exemplary work in 2014,” as part of Community Development Week! The grand opening for Fox Manor was June 14, 2014. Located between Delor and Itaska Avenues on South Spring Avenue, the Fox Manor Apartments were rehabilitated with exterior facelifts, new floor plans, structural enhancements, modern amenities and architectural improvements designed to increase market value. The redevelopment of the Fox Manor Apartments has strengthened the community through the redesign of 25 unoccupied multi-family buildings, which are now reconfigured into 51 apartments and a management office.

We are honored to receive this award and excited about the progress in the Dutchtown neighborhood!

Spring/Delor apartments

 

Pre-Schoolers Engage With Rise & New Community Development


On March 18th, Rise led two student tours for East Alton Elementary School, District #13 of the new Emerald Ridge affordable housing development in the once-distressed, former Defense Area of East Alton. Rise began developing 46 new single-family homes in East Alton, Illinois in March of 2014 in partnership with Southwestern Illinois Development Authority (SWIDA), the Village of East Alton and Madison County, IL. The students were led by Principle Stacey Egan and Teacher Beckie Harmon.

The tour consisted of some very inquisitive young students, parents who boldly braved the cold, teachers who led the way, and Mr. Bill Flynn as our guide through the nearly completed location. “Builder Bill” as he identified himself, is the Emerald Ridge project construction manager from Altman Charter Construction Co., a partner with Rise.

Mr. Flynn provided a brief presentation on the details of construction for the students, including all the varieties of artisans and craftspeople required to build an individual house, the average length of time to complete a house (7.7 working days), the materials and tools involved, and all manner of details that really engaged the students. Many tiny hands were raised, adorable and thoughtful questions asked, and plenty of fun was had by all.

The students made a circuit around the 3 blocks of homes in varying states of completion, and were able to visit a fully completed single family home much to their delight (and their parents’ as well, because it was a lot warmer on the inside). They were treated to high ceilings, vibrant paint jobs, and all the exciting nooks and crannies of a brand new living space.

The enthusiasm of the two tours subsequently went off the charts when the students were brought to the common green space in the center of the three blocks, which is slated to be freshly landscaped into a brand new park and green space. The biggest bonus for the kids: a new technicolor playground outside the Keasler Recreation Center, right next door.

Rise finished off with an informative video interview with East Alton Elementary School’s Early Childhood Principal, Ms. Stacey Egan. The school’s commitment to community development awareness, and instructing their own future community builders, is more than admirable.

This tour helps the school and the students meet the Illinois Early Learning and Development Standards, in particular, “comparing and contrasting”, by experiencing and learning about how homes are built and what the finished product looks like. The Emerald Ridge grand opening and ribbon cutting is scheduled for April 20, 2015.

Emerald Ridge/East Alton Elementary Tour 1Emerald Ridge/East Alton Elementary Tour 2Emerald Ridge/East Alton Elementary Tour 3