Wireworks Balconies
Wireworks Balconies

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Wireworks Walkway
Wireworks Walkway

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Wireworks Commercial Space
Wireworks Commercial Space

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Wireworks Balconies
Wireworks Balconies

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Wireworks

St. Louis, MO

PPAF acquired an interest in a 107,329 SF mixed-use historical building which consists of 80 residential units and 11,000 SF of commercial space in the supply constrained and high barrier-to-entry Lafayette Square submarket of St. Louis. Our operating partner is The Broadmoor Group, who has developed, acquired, and operated over 17,000 units across the Midwest and Southeast since inception. Our JV entity is acquiring Wireworks at a significant discount to market comparables, and upon closing will immediately begin the renovation process. Wireworks is located just minutes away from downtown Saint Louis’s central business district and major universities.

107,329 SF

Preferred Equity

$15.8M 

Acquisition & Renovation Cost

80 Residential Units