McBride to Develop 58 Homes on The Hill as Part of American Stove Redevelopment

By on January 22, 2019

From St. Louis Post-Dispatch:  McBride Homes said this week it will develop the single-family component of a $48.5 million redevelopment a former industrial area in a corner of the city’s Hill neighborhood.

“We are thrilled to be a part of such an exciting development with the pent-up demand in the area,” John F. Eilermann Jr., CEO and Chairman of McBride Homes, said in a statement. “Our phones are already ringing off the hook and we are adding more people to the waiting list everyday.”

The Chesterfield-based homebuilder said it is under contract for the land and plans to initially develop 58 single-family lots near the intersection of Bischoff Avenue and Hereford Street.

The 11-acre site formerly occupied by American Stove Co. and other manufacturers on the east side of the neighborhood is being developed by Chicago-based Draper & Kramer, which won approval from the city in early 2017. Buildings have since been demolished to make way for a 225-unit apartment complex they are developing.

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