Bulldozers are rolling on Triton Pointe, a 192-unit apartment complex from Kittle Property Group in unincorporated north St. Louis County. The roughly $45 million project will clear about 12.5 acres of neglected single-family homes near the North Hanley corridor and replace them with a mix of one- to four-bedroom apartments and community amenities. Developers and county officials say the complex is intended to provide affordable, transit-adjacent rental housing for growing households in the area.
Funding And Developer Quotes
STL Partnership reported Thursday that its Business Finance division is providing an initial $27 million bond to help finance Triton Pointe. “We are thrilled to be a part of revitalizing this neighborhood,” Kittle development director Brenda Haddad said, while Darrell Scott, vice president of business finance for the partnership, said the project shows promise for county residents. The announcement also cites a 2025 market analysis by Kinetic Valuation Group that the partnership says found the development would have a positive effect on the surrounding neighborhood and would not affect existing or proposed affordable housing.
Design, Unit Mix And Permits
State funding materials list a 192-unit mix of 60 one-bedrooms, 72 two-bedrooms, 48 three-bedrooms and 12 four-bedrooms, submitted as part of a LIHTC application, according to the Missouri Housing Development Commission funding packet. County project reviews and permit listings show plans for five buildings, a clubhouse, parking and community amenities on roughly 12 to 13 acres, per local permit records compiled online at BuildZoom.
Public Approvals And Timeline
The partnership’s release puts the overall project cost at about $45 million and notes that construction has already begun. Kittle has pursued tax-exempt bond support and low-income housing tax credits as part of its capital stack, a common approach for affordable rental projects in the region.
What Comes Next
Permitting, phased site work and construction schedules will determine when the first apartments come online, and filings indicate the development will be built across multiple phases. Developers say lease-up should be swift given household growth in north St. Louis County, while neighborhood groups and county planners are expected to watch how the promised affordability and community benefits are delivered.
