Joel Oliver is banking on his latest project going to the dogs.
His 268-unit The Rail apartments in the Forest Park Southeast neighborhood just received their final certificate of occupancy from the city of St. Louis a little more than a week ago. They sit right next to Bar K, the popular combination bar, restaurant, and outdoor dog park. Oliver says that at a typical apartment building, you’d expect half the tenants to have pets. Here, he anticipates that being closer to 80 percent.
“This is a very different kind of market-driven thing,” Oliver told SLM on a recent tour. In addition to proximity to Bar K, Oliver hopes free memberships to the dog park and pet fees that are about half those of similar buildings will draw tenants…