Why it worked: With their proximity to universities, museums, shopping, and business centers these SoHo-style lofts with new-construction upgrades make urban-style, loft living appealing to a wide spectrum of buyers.
Prices range from $280,000 to $524,000. Units are designed as one-bedrooms with dens, up to three-bedroom units.
More than 50 percent of the units sold at opening.
Units feature 11-foot ceilings with exposed ductwork, hardwood and Italian marble floors, and either a terrace or a balcony.
Units are pre-wired for DSL, cable TV, and HDTV.
Maple cabinets and granite-top island counters are standard.
Most popular upgrades are Whirlpool stainless steel appliances and upgraded Moen bath fixtures.
Project CreditsProject: The Tribeca at Hi-Pointe Lofts, Richmond Heights, St. Louis; Sales started: October 2001; Sales through December 2001: 18; Units planned: 28; Price: $280,000 to $524,000; Unit size: 1,352 to 2,428 square feet; Developer/Builder: Conrad Properties, St. Louis; Architect: Angie Trivers and Associates, St. Louis; Landscape architect: Horstmann Brothers, St. Louis