The new owner of a former bank building in the South Hampton neighborhood plans to turn the structure into apartments.

The St. Louis Planning Commission approved rezoning the property for residential use on Wednesday, clearing the way for Soha Lofts LLC, led by Matt Salviccio, to add 15 apartments to the structure at 4650 Hampton Ave.

The building formerly housed an American Eagle Credit Union. Salviccio said rents would be between $850 and $925 per month and that he doesn't plan to seek tax abatement from the city.

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