St.LOUIS, MO; August 5, 2015— Landmark Properties and its St. Louis real estate partner Sangita Capital Partners announce the upcoming grand opening of The Standard, a new luxury student housing development in St. Louis, located at the northeast corner of Forest Park Avenue and Vandeventer. To commemorate the opening, kick off operations and thank local community members and partners, Landmark and Sangita will host a ribbon cutting ceremony and reception at the site – at 3853 Forest Park Avenue – on August 17th at 10 a.m.
Landmark and Sangita broke ground on the 164 unit, 465-bed luxury mid-rise development in spring of 2013 and, following eighteen months of construction, The Standard will open its doors to residents on August 15, 2015. The property has a 400-vehicle garage, a swimming pool, fitness center and spacious lounge for residents. The apartment complex is 99% leased and yet another example of the surge in development activity in the central corridor on Forest Park Avenue.
“There is nothing like this development in St. Louis. In order for us to compete with other cities for top university talent we need to have products like this available for students,” said Mike Sansone, Principal of Sangita Capital Partners. “We are so pleased by the huge interest we have received from students and grateful for the tremendous support of the local community.”
As a way to give back to the local community, the developers will present a donation to Backstoppers, a local organization providing financial assistance to surviving spouses and children of police officers, firefighters, and publicly funded EMTs who have lost their lives in service throughout the St. Louis metro area.
To learn more about The Standard, please visit: http://www.thestandardstlouis.com/