Saint Louis MO Real Estate Today

$200 Million Development Planned adjacent to Grant's Farm and Cor Jesu in Affton!

“The total additions from the two acquired parcels will more than double the size of Cor Jesu’s existing 13-acre campus .”

Cor Jesu Academy's on again off again quest to acquire real estate acreage from the  Busch family adjacent to the school's Affton campus appears to be on again! Erickson Retirement Communities of Baltimore, is under contract to acquire 88 acres owned by Andy Busch for $20 million. The large tract which fronts along Gravios, will be developed by Erickson plans to build a senior living complex with up to 1,500 apartments. In reviewing budgets for previous Erickson projects developed elsewhere in the US, most have cost between $200 million and $400 million.

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Cor Jesu will acquire a parcel of approximately six additional acres adjacent to its current campus to build much needed new facilities.  In addition, the school will also buy nine acres of property which is not currently developable for structures – it’s located in a flood plain - to construct new athletic fields.  The total additions will more than double the size of Cor Jesu’s existing 13-acre campus.

According to the St. Louis Business Journal, Erickson Retirement plans to close on the Busch property next May. All total Erickson plans to build up to 1,500 apartment units for seniors surrounding a clubhouse totaling more than 70,000-square-foot, restaurants, a fitness and health club and a senior community center and meeting facility. In addition, an assisted living complex with more than 200 beds is part of the current development proposal.

Saint Louis MO Real Estate Online Kevin Cottrell / Cottrell Realty Group / Keller Williams Realty Southwest

Patron Saint of Real Estate is active in Saint Louis MO

Retailers all over Saint Louis MO and the US report statues of the patron saint of real estate are  selling in record numbers.

We recently heard of several frustrated Saint Louis MO homeowners who have had their homes on the market for more than six months who were looking for any option in getting their homes sold.  They’ve tried open houses, ads in the paper all to no avail. No offers. This was until they took the advice of family friends from Clayton MO and Webster Groves and buried a statue of St. Joseph upside down in their front yard.

Although we’ve never personally known a seller that this has worked for, we’ve indirectly heard of several instances in the Saint Louis MO area where these sellers from Mary Queen of Peace and St. Clement parishes have received offers and sold their homes shortly after burying the statues.

The miracle of St. Joseph has its roots in Catholicism. The practice of burying a statue of St. Joseph began many hundreds of years ago in Europe.  A nun by the name of St. Teresa of Avila buried a medal with a depiction of St. Joseph and prayed to the saint in order to secure land needed for a convent.. According to written accounts, her prayers were answered and so the trend of burying St. Joseph was born.

Retailers all over the country are reporting record sales of St. Joseph statues.  Some, like O’Byrne Religious Gifts in Saint Louis MO are even selling a St. Joseph’s Home Sale  Kit.  Other websites on the Internet including www.stjosephstatue.com offer a kit including burying instructions.  Burying St. Joseph statues has a unique set of rules, although they have been known to vary according to different regions of the country.

According to the instructions we found on a website selling a St. Joseph kit, a home sellers should dig a hole for the statue near the homes real estate sign. The ideal depth for the hole is three inches deeper than the height of the statue. According to the directions, the statue should be placed in the hole facing the street.  Sellers should then pray before the statue is covered over with dirt in the hole.  Upon successfully selling, a Saint Louis MO home seller should dig up their statue and place it a place of respect in their new home.

In addition to price and condition, we’re all for home sellers, whether they’re from Mary Queen of Peace, St. Clement, St. Peters, St. Gerard or any other Saint Louis MO parish having faith and adding prayers to the marketing of their homes. 

In this challenging market, any prayer and faith can’t be a bad thing.

Photo courtesy of www.stjosephstatue.com