TOD Corner: Richmond Heights Townhomes Offers Convenient Transit OptionsReturn to Blog
Transit-Oriented Development (TOD) refers to the investment that takes place at and around transit stations or transit centers. TOD is often a catalyst for economic growth – improving access to jobs, housing and amenities, and helping promote active lifestyles and a reduced dependence on automobiles.
The St. Louis Galleria, Shops on the Boulevard, and surrounding retail area have a close and convenient connection to the Richmond Heights MetroLink Station and MetroBus routes. Now, new townhome residences are bringing even more vibrancy to this popular area.
Pulte Homes has made significant progress on Central Park Townes, a project that includes 42 townhomes and 1.2 acres of common space for residents to enjoy, all located just a couple hundred feet from the Richmond Heights MetroLink Station.
The townhomes start at $400,000, and offer a pedestrian-friendly lifestyle due to their design and close proximity to the MetroLink station. The grand opening for the project was held two weeks ago.
“Central Park Townes provides the best quality home in an ideal location in close proximity to transit, retail, entertainment, sports and recreation centers.” – Jeff Lear, Vice President of Operations for Pulte Homes in St. Louis
“Since our grand opening in January, we have seen great interest from millennials and families who like to live near a mixed-use town center that incorporates a shop, dine, ride and live environment in the top rated Clayton School District,” said Jeff Lear, Vice President of Operations for Pulte Homes in St. Louis. “In fact, we have already sold over 10 percent of our homesites since the grand opening. Central Park Townes provides the best quality home in an ideal location in close proximity to transit, retail, entertainment, sports and recreation centers.”
This TOD project is another great example of how residents in the St. Louis region can enjoy a car-optional, transit-oriented lifestyle. Areas around MetroLink stations are increasingly becoming sought-after spaces for development by residents, businesses and developers.
In addition, the growing demand for townhome-style residences also highlights the growing popularity of urban living with a strong pedestrian-friendly environment that has close proximity to important resources and amenities.
Project: Central Park Townes
- Developer: Pulte Homes
- $16 million project including 42 townhomes in two different floor plans
- 80,000 square feet of new development, including 1.2 acres of townhomes and 1.2 acres of common space
- Homes are selling for between $400,000 and $500,000
- Timeline: Construction began in 2016, anticipated completion is scheduled for early 2019