Kittle Property Group to bring Triton Pointe Development to St. Louis County

STL Partnership providing $27 million loan for new 192-unit apartment facility

Kittle Property Group, Inc. will bring a new multi-family facility to St. Louis County. The 192-unit apartment complex will be located at 4236 North Hanley Road, replacing neglected single-family homes on 12.5 acres.

“We are thrilled to be a part of revitalizing this neighborhood,” stated Brenda Haddad, development director for Kittle Property Group. “We see so much potential in this area and know that Triton Pointe can provide a solid foundation for future growth and betterment.”

Kittle Property Group, which specializes in the development, construction and management of affordable multi-family apartment homes and storage facilities, will receive $27 million from an initial bond from St. Louis Economic Development Partnership’s (STL Partnership) Business Finance division to assist in financing the project.

“As STL Partnership always looks to invest in new projects that will help grow the area, we are excited about the potential of Triton Pointe,” said Darrell Scott, vice president of business finance for STL Partnership. “Research has shown that this will be a good investment that will be beneficial for the residents of St. Louis County.”

In 2025, Kinetic Valuation Group completed a market analysis to assess the viability of Triton Pointe Apartments. The study found the facility will have a positive impact on the surrounding neighborhood and will not affect existing or proposed affordable housing located in area. Due to the growth in households in the community, the new development is expected to lease quickly.

The overall costs of the project are expected to be approximately $45 million. Construction on Triton Pointe has already begun.