From the Ground Up: Old Stone Apartments, Phase II

General contractor: Countryland Property Management LLC

Architect: H Design Group LLC

Engineers: Ozark Mountain Surveying & Engineering Inc., civil; HBH Engineers LLC, mechanical, electrical and plumbing

Size: 324,000 square feet

Estimated cost: $7 million

Lender: Great Southern Bank

Estimated completion date: July 2007

Project description: Phase I of this four-phase apartment development was finished in November.

With about half of that phase’s 96 apartments leased, Countryland Property Management owner Sean Coatney decided to begin construction on Phase II, which will bring another four buildings and 96 apartments online.

When the $24 million project is complete, it will have 384 apartments, an activities center, pool and golf putting green. Coatney said he would begin Phase III when more than half of his Phase I and II apartments are leased. He’s also building the 340-unit Golden Pond Apartments off West Republic Road.

Reporter Cory Smith brings you new projects each week. He may be reached by e-mail, by fax at (417) 799-0603 or by phone at (417) 831-3238.