About
real estate
Growing
Are you a contractor or professional and are interested in helping us stabilize and develop historic properties? Check out our current Requests for Quotes.
We have been happy to welcome new neighbors in recent years, with fifty new senior apartments in 2023, as well as additional apartments and homes. Another 26 apartments and 16 homes are anticipated in 2025.
ONSL will continue to showcase some of the best renovations and construction innovations in the city.
We will see business and services growth with an innovative hydroponics growing center, health care spaces, new community and arts areas, new enterprises across the neighborhood, and the first geospatial sciences experiential theater in the U.S.
Purchasing LRA Property
Old North St. Louis has several opportunities to develop city-owned property through the Land Reutilization Authority (LRA). Through our long relationship with the city, we do ask that all LRA purchase and option applications be vetted by the neighbors to ensure alignment with our collective vision for the community. This process allows us to issue a letter of support for your application to the city. The Real Estate Committee of ONSLRG is here to help guide you through that process.
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A letter of community support or non-support is required to obtain an option for an LRA lot.
Step 1. To obtain a letter of support from ONSLRG, we ask developers to do the following:
a. Complete our questionnaire and provide basic renderings and floor plans to realestate@onsl.org
b. Talk with residents near the proposed lot(s).
c. Coordinate with the real estate committee chair at realestate@onsl.org to be added to the monthly meeting agenda to share renderings and discuss the questionnaire.
Step 2. On the second Monday of each month, the real estate committee will meet the developer, review the submitted information, then provide a recommendation to the ONSLRG board.
Step 3. Around a week later, the ONSLRG board will vote, then provide a letter for the LRA.
Neighborhood Vision
The neighborhood is currently in the process of updating our vision and plans for development, working with several partners to accomplish these goals. In the fall of 2020, with the support of a generation donation, the neighborhood completed an updated needs assessment and action plan. This document will help guide our upcoming neighborhood planning process slated with the City of St. Louis and Project Connect during 2022 through 2025.
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CONTACT: realestate@onsl.org
Additional Resources
Side Lot Program
Already live in the neighborhood and interested in adjacent property? Learn about the LRA Program
Prop NS Program
Many of our LRA properties could use significant rehab. Learn about nominating them for stabilization under this new city-wide program.
Financing
The Justine Petersen non-profit is an awesome resource for mortgage financing, refinance, and rehab project support.
Historic Tax Credits
Old North is home to three federal historic designations. Learn more about using the state historic tax credits here.