Sansone Group and Mia Rose Holdings announced the advancement of The Preston at City Center, a $55 million, 216-unit multifamily development at 5130 Mexico Road in St. Peters, Missouri, within the St. Louis MSA.
The project marks the launch of a new strategic partnership between the two firms. The development will feature a mix of one-, two-, and three-bedroom layouts. Planned amenities include a resort-style pool, fitness center, co-working lounge, dog park, and a ground-leased Exit 11 Coffee outlot. The site is located adjacent to the St. Peters Rec Plex, City Hall, Lutheran High School, and the Mexico Road retail corridor, offering strong connectivity and long-term demand drivers.
Construction is expected to begin in April 2026. Delivery is targeted for the third quarter of 2027, followed by a structured lease-up period. “The St. Peters submarket continues to demonstrate healthy fundamentals, supported by limited new supply and steady absorption,” said Tom Kaiman, Founder of Mia Rose Holdings.
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