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Blue Brick green rehabs

I’ve seen quite a few Blue Brick signs in various areas of South St. Louis over the past couple of years, but never really took the time to find out more about them. A few weeks ago, Brad Roell, co-owner of Blue Brick, contacting me through this blog to see if I wanted to check out some of their projects. I accepted his invitation.

I figured they were just a traditional-style developer before meeting him. And apparently, they were when they started. Quality, historic rehabs have always been the rage in St. Louis and that was their market. What sets them apart today, however, is that they now do green construction. Obviously they are not the only guys in town doing green construction. The thing that sets them apart is that they are embracing the growing trend of incorporating green construction into their historic rehabs as well.

The picture above is of their offices at 2757 Wyoming in the Benton Park West neighborhood in South St. Louis. This was their first certified historic rehab. Apparently they have been incorporating green features into their projects for years, but this is the first time they took it to the next level.

When Brad and I met up, we visited the site of their next historic green rehab at 4012 Shenandoah in the Shaw neighborhood. The project has not started yet, as they need to find a buyer before they start construction in the current real estate market, but the building will feature 3 bedrooms and 2.5 bath over 2,550 sq ft when complete. The biggest key to getting green certification for this rehab is reusing as much as possible in the existing structure. That is the main difference between a project like this and new construction. It will be a great addition to the neighborhood. You can check out full specs and a floor plan of the house (currently listed for $299,900) here.

It’s great to see companies like Blue Brick out there trying to make a difference in St. Louis. The status quo has been a failure for years and it takes this kind of vision to bring things around. Kudos to you gentlemen. Best of luck finding your buyer. For more information on Blue Brick and their past and current projects, check out their website.

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Matt Kastner

Matt Kastner is an Investment Real Estate Consultant at St. Louis Real Estate Society in St. Louis, Missouri. He is also develops properties on the side through Threshold Properties. When he isn’t representing investors in the purchase or sale of multifamily properties, rehabs, foreclosures and other income producing properties, he is often taking on rehab projects himself. He lives in South St. Louis and has been in the real estate business since 2004.

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