From the Ground Up: Bear Village Apartment Community

Owner/developer: Bryan Properties Inc.
General contractor: Morelock-Ross Builders Inc.
Architect: Bates & Associates Inc.
Engineers: Lee Engineering and Associates LLC, civil; Wells & Scaletty LLC, structural; Colvin Jones Davis LLC, mechanical, electrical and plumbing
Size: 42,545 square feet
Estimated cost: $4.3 million
Lender: Empire Bank
Estimated completion date: Aug. 10
Project description: The first phase of $30 million Bear Village Apartment Community is the $4.3 million Bear Village apartment complex, according to developer Bryan Magers of Bryan Properties Inc. Magers said he expects the roughly 42,000-square-foot complex, which features 24 apartment units with four bedrooms apiece, to be complete in time for the start of Missouri State University’s fall semester. Leases, Magers said, would be signed per bedroom, and each apartment unit comes with two refrigerators and one flat-screen television. With utilities paid, he said each unit should rent for about $600 per month. All three phases are expected to be finished by fall 2015, according to Magers, who in 2011 earned a 10-year tax abatement for the redevelopment project.

Send project info to bbrown@sbj.net.
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