Russell_Partners in Multi-Family and Tax Credit Housing
EXPERIENCE OVERVIEW
PARTNERS IN MULTI-FAMILY & TAX-CREDIT HOUSING
OVERVIEW:
Full-Service Construction & Development
300+ Team Members
Family & Team Member Owned
One Million Hours With Zero Lost-Time Incidents
Kansas City | Quad Cities | Springfield, MO | St. Louis
CORE VALUES:
DELIVERY METHODS:
Construction Manager At Risk
Construction Manager As Agent
Design-Build
Design-Bid-Build
BONDING CAPACITY:
$200MM Individual | $500MM Aggregate
ENR TOP 400 CONTRACTOR:
#277 Top Contractor In The Nation
BUILDING DESIGN + CONSTRUCTION (BD+C) GIANTS:
Top 150 Contractors (#112)
Top 80 Construction Management Firms (#72)
Russell was founded in 1983 by Jim Russell whose vision was to create a company rooted in integrity, quality, and clientfocused solutions. Starting as a small, family-owned business in Bettendorf, Iowa, Jim established a culture of collaboration and trust that remains at the heart of the company today.
Over the years, Russell has grown into a leading professional services firm, completing over $7 billion in projects across 34 states. Russell continues to uphold its family-owned values, fostering strong relationships with clients, team members, and communities alike.
With offices in the Quad Cities, Kansas City, Springfield, MO, and St. Louis, Russell provides a full range of services, including preconstruction, construction management, and real estate development. By managing every aspect of a project, Russell ensures a seamless experience for clients, maintaining the personal touch that has been a hallmark since Russell first opened its doors
Clients choose Russell because we provide tailored solutions to meet their specific goals and challenges. Our teams collaborate with clients from project inception to completion. We ensure efficient timelines, cost control, and high-quality outcomes, leveraging cutting-edge technology and proven processes.
Russell specializes in delivering projects across diverse sectors ensuring every project aligns with the client’s vision. By focusing on safety, sustainability, and long-term value, Russell consistently delivers impactful spaces and campuses that exceed expectations and strengthen communities.
LIHTC Expertise Across the Midwest
Russell has delivered more than two dozen LIHTC-supported housing developments across Missouri, Illinois, and Iowa, ranging from senior housing to large-scale multifamily redevelopments. Our team understands the complexities of tax credit financing, compliance, and community engagement. We work seamlessly with developers, housing authorities, and not-forprofit partners to deliver lasting affordable housing. With a portfolio that spans both urban infill and regional markets, Russell has the experience and capacity to support LIHTC communities at every scale.
JAZZ AT WALTER CIRCLE
Russell served as the General Contractor for the new construction of two mixed-use buildings, totaling 112,070 s.f., for the City of East St. Louis. The ground floor restores long-lost neighborhood amenities, including a fresh grocer, deli, health clinic, and community event space. The two buildings are connected by a pedestrian bridge.
The upper floors feature 74 senior residential units, each designed with a full kitchen, accessible bathroom, and a French balcony.
ROLLA APARTMENTS
Russell served as General Contractor for Rolla Apartments, a 116,441 s.f. renovation in Rolla, MO, enhancing 150 occupied residential units with minimal disruption.
The project featured interior renovations to select apartments, common area upgrades, and exterior/site improvements. The development includes 138 one-bedroom and 12 two-bedroom units, with 16 ADA-compliant units to improve accessibility and support resident needs.
FRANKLIN SCHOOL APARTMENTS
Russell served as the General Contractor for Franklin School Apartments, an 82,485 s.f. historic renovation in St. Louis, MO, transforming a 1911 high school into a 75-unit senior living apartment building.
The project preserved the architectural character of the original structure while modernizing the interior to create comfortable, functional living spaces for residents.
Below is a listing of recent LIHTC-supported projects.
• DS2 Apartments - St. Louis, MO
• Franklin School Apartments - St. Louis, MO
• Freedom Place - St. Louis, MO
• Friendly Temple Apartments - St. Louis, MO
• Hamden Hall Apartments - St. Louis, MO
• Hathaway Homes - Taylorville, IL
• Homer G Phillips Renovation - St. Louis, MO
• Jazz at Walter Circle - East St. Louis, IL
• Kennerly Moffit Apartments - St. Louis, MO
• King Louis Square Apartments - St. Louis, MO
• Logan Villas - Raytown, MO
• Lucas Heights Apartments - St. Louis, MO
• Mark Twain Hotel - St. Louis, MO
• Places at 5235 Place - St. Louis, MO
• Rolla Apartments - Rolla, MO
• Route 66 Landing - Miami, OK
• Shimer College - Mt. Carroll, IL
• St. Luke’s Apartments - St. Louis, MO
• University Lofts - St. Louis, MO
MULTIFAMILY HOUSING
We create multi-family housing communities that blend comfort, functionality, and long-term value. From affordable and mixedincome projects to market-rate and luxury apartments, our projects enhance lifestyle and strengthen neighborhoods. With expertise in HUD/LIHTC programs, historic restorations, and complex financing, we create housing that balances design, durability, and efficiencybuilding spaces where residents thrive and communities grow.
PACKARD LOFTS
Russell served as the General Contractor for Packard Lofts, a historic renovation project in St. Louis, MO, transforming a 60,000 s.f. building originally constructed in 1913 as the showroom for the Packard Motor Car Company. The four-story structure was converted into 33 loft-style condominiums ranging from 800 s.f. to 1,700 s.f., blending historic character with modern living spaces.
A restaurant was built on the first floor, featuring a mezzanine on the second floor. Loft units were developed on the second, third, and fourth floors, while a select number of penthouse units were added to the rooftop. To enhance resident amenities, a clubhouse and a rooftop water feature were also constructed.
CONTINENTAL BUILDING
Russell served as the General Contractor for the Continental Building, an award winning historic renovation project in St. Louis, MO, revitalizing a 1927 landmark that had fallen into terminal decay.
The 110,000 s.f. transformation converted the long-vacant structure into 107 modern apartments while preserving its historic integrity. The project also included the construction of a four-story parking garage, a swimming pool, and a bocce court - blending historic charm with contemporary amenities.
CHASE PARK APARTMENTS
Russell served as the Construction Manager at Risk for Chase Park Apartments, a transformative project in St. Louis, MO, converting an 11-story, 470-unit hotel into 208 market-rate luxury apartments with commercial amenities.
The redevelopment included the addition of two floors of retail space, featuring a movie theater and four restaurants. The renovation focused on modernizing interiors while preserving the building’s historic character.
9,338,816 S.F. IN COMPLETED SPACE IN DELIVERED MULTI FAMILY HOUSING PROJECTS $1.1B
HISTORIC
We transform historic structures into vibrant spaces that honor the past while serving modern needs. From adaptive reuse of landmark buildings to restorations supported by tax credit programs, our projects balance preservation with performance. With expertise in navigating complex approvals, securing financing, and integrating modern systems, we deliver renovations that protect architectural heritage while creating lasting value for owners, tenants, and communities.
LEWIS CENTER
Russell served as the General Contractor for Lewis Center renovation, a 97,300 s.f. transformation of a historic building in University City, MO, into a dynamic live-work arts hub. Originally constructed in 1909 as a women’s school of art and later repurposed as a junior high and high school, the building was reimagined to blend residential, commercial, and community spaces.
The project involved combining five unique buildings into 93 residential units and office spaces. The residences span from 500 s.f. to over 1,200 s.f. The revitalized center now houses a coffee shop, a double-height coworking hub, a living room lounge, a roof terrace, and two lush courtyards.
The project earned the Landmarks Association of Saint Louis 2023 Most Enhanced Award, recognizing its contribution to maintaining and celebrating the city’s architectural heritage.
21C MUSEUM HOTEL
Russell served as General Contractor for the transformation of a centuryold, 10-story Renaissance Revival-style YMCA building into a one-of-a-kind luxury 21c Museum Hotel in St. Louis, MO. The boutique hotel merges contemporary art with luxury hospitality, preserving the building’s historic character while incorporating modern finishes and amenities. The hotel features 173 guest rooms, museum exhibition space, 18 suities, and an athletic and wellness center.
NOVELTY IRON WORKS
Russell served as General Contractor for the 261,000 s.f. phased repurposing of five interconnected warehouse buildings in Dubuque, Iowa’s Historic Millwork District. The project involved the extensive renovation of an existing warehouse into 76 residential living units.
Russell collaborated with the the owner, the State Historic Preservation Office (SHPO), and the National Park Service to track and verify over $4 million in available tax credits, representing 20% of the project’s funding.
4,144,249 S.F. IN COMPLETED SPACE IN DELIVERED HISTORIC RENOVATION PROJECTS $5.1M
