Chippewa Park

Chippewa Park is a joint venture between Rise and Lutheran Development Group. The development involved the complete historic rehabilitation of 16 buildings located in the Gravois-Jefferson Streetcar Suburb National Register Historic District to create 46 apartment homes and nearly 8,500 square feet of commercial space along Chippewa Street, part of which will be used as a restaurant incubator and part of which will be used for resident services. All of the apartment homes are available to families make 60% or less than the Area Median Income level. Chippewa Park was born from a moral imperative to help correct the imbalance of investment occurring in surrounding neighborhoods by addressing the considerable shortage of quality affordable housing options in the more densely populated Gravois Park and Dutchtown communities. This project was financed by Redstone Equity Partners, Advantage Capital, the City of St. Louis HOME funds, the City of St. Louis Affordable Housing Trust Fund, and the United States Department of Housing and Urban Development.