ABOUT PIER PROPERTY GROUP

 

Pier Property Group (PPG) is a private real estate company that focuses on the acquisition, development, renovation, and management of commercial buildings.  The company was founded by Michael Hamburg in 2016 and specializes in development opportunities that utilize public/private partnerships and creative financing.  PPG is dedicated to finding ways to preserve underutilized structures through adaptive reuse projects that honor a building’s historical significance.  In addition, the firm strives to raise the standards on quality delivered within both new construction and renovation projects.

Prior to starting PPG, Michael Hamburg led business development and underwriting of Federal Historic Tax Credit investment opportunities at a St. Louis based tax equity investment and management firm.  Before his exposure to tax credit investing, Michael sourced, underwrote, and closed acquisitions of market rate apartment communities for two real estate companies specializing in multifamily.  Michael started his career managing existing investment portfolios and originating and structuring debt for a real estate affiliate of an investment bank in Dallas, TX.  He grew up in St. Louis, MO and received his B.S. with a major in Economics from Vanderbilt University in Nashville, TN.

 

LET'S GET IN TOUCH

 

michael@pierpropertygroup.com

314.363.7447

 

IN THE NEWS

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steelcote developer plans 111 more apartments, brewery space, in $24 million Midtown plan

The developer turning the Steelcote Paint Company Building into a 33-unit loft apartment complex plans more residential projects in the industrial area next to St. Louis University.

Next up is the Columbia Oil building just to the south of the Steelcote building, where Hamburg said he plans a $4 million rehab into 15 lofts and ground floor space for a brewery or distillery. And over the summer, Hamburg hopes to break ground on a $20 million, 96-unit apartment building branded as Mill Creek Flats.

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164-unit loft project on Vandeventer moves ahead

Developers are moving ahead with plans to turn a factory at the intersection of Vandeventer and Tower Grove avenues into a 164-unit apartment building.

Pier Property Group closed on the $5.1 million purchase of the building at 1519 Tower Grove Avenue last month, and construction on the $40 million Woodward Lofts development should start by the end of September.

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Apartments, Retail Planned for Industrial Building in Forest Park Southeast

Long on the market and at one time planned to be the new home for the St. Louis Language Immersion School, the expansive Suburban Industrial Packaging property at Tower Grove and Vandeventer Avenues in Forest Park Southeast is set to be transformed into the Woodward Lofts with 160 apartments and ground floor retail space.

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Lofts planned in historic Midtown industrial building

The developer behind the rehab of the Woodward & Tiernan Printing Company building at Tower Grove and Vandeventer avenues is planning to turn another historic industrial building into lofts.

Michael Hamburg of Pier Property Group has the 40,000-square-foot, five-story, Steelcote Paint Company Building at 801 Edwin Street, near Chouteau Avenue and South Grand Boulevard, under contract.

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