Clayton approves $55 million development plan for retail and apartment complex

Image courtesy of nextSTL
The development project, which will include 229 luxury apartments and retail space, is located next to Brown Shoe’s headquarters.| Image courtesy of nextSTL

The Clayton Board of Aldermen on Tuesday gave the green light for a developer’s plan of a residential apartment and retail complex next to Brown Shoe Co.’s headquarters in downtown Clayton.

The $55 million project by Covington Development, called Vanguard Clayton, will include 229 units in five stories on 2.5 acres at 8500 Maryland Avenue. The project also has two floors for a 352-space parking garage. Retail space will encompass a portion of the ground floor.

Covington plans to begin construction this summer and complete the project in 2017.

A vacant two-story office building sits on the site currently.

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