According to a press release, the old single-story Faultless Laundry warehouse at Russell and Gravois at the edge of the Soulard neighborhood may soon see a $20M, 126-unit, five-story mixed-use apartment project.

Though no images have been made available, the building designed by Trivers Associates will “cascade from five stories to three” and aim to match the historic character of the neighborhood. If all goes according to plan, demolition may occur this year, with project completion in the fall of 2017.

From the press release:

Brothers Brett and David Apted are developing the project for Propper Construction Services. “Soulard is one of St. Louis’ oldest and most historic communities, one shaped with great pride by its residents and businesses,” said Brett Apted. “We look forward to adding to the tapestry of this vibrant neighborhood and its great walkability.”

“We envision the apartments appealing to those who want to live close to Downtown St. Louis businesses, sports venues and other attractions,” noted David Apted.