Olivette continues to show progress in tear down/infill rebuilds within its residential neighborhoods. Olivette is on pace to build 13 new homes; the same number that were built in 2011.
Carlos Trejos, Olivette’s Planning & Zoning Administrator said the city is making great progress in the area of dollar value in building. In 2011, the value of rebuilds and home additions permitted was $6.5 million. This year, the city is on track to complete $15.6 million of new construction and home improvements. “That’s a very good sign for the community,” said Trejos.
The high water mark for Olivette was 2006 when permits were let for 32 new homes.
Most of the rebuild construction is happening on the south side of Engle Lane on both Harvest Lane and Cherry Tree Lane. Several modest homes are giving way to homes ranging up to and over $1 million dollars.
Other infill homes are currently being built on Arbor Road; Bradford Drive; Kenneth Drive, Downey Lane, one each, and two homes on Glen Mary Drive.
Most new construction features 2 and 3 car garages with a floor, area ratio of some 3,000 or more feet.
Olivette today has more than a dozen homes, listed at more than $1 in assessed evaluation.