Savoy Investments is building The Hutton at 134 W. Madison. The 45,385-square-foot, three-story building will feature 12 luxury condominiums including four penthouse units—all with spacious balconies, large windows, open floor plans, fireplaces, underground parking and other amenities.

The development cost for the building was not disclosed, but Savoy said through a spokesperson that the condos are almost entirely pre-sold.

The Hutton is situated between The Barclay and The Madison—two similar condominium buildings that were built in 2018 and 2020. Construction is scheduled to be completed in the fall of 2022 and the entire building will be finished by winter 2022. Core 10 Architecture is the project architect for all three buildings. Kadean Construction built the first two buildings and will lead construction again on The Hutton.

The “tight job site” in downtown Kirkwood poses many challenges for construction crews, but the benefits to the community will be worth it, Kadean President Mike Eveler said in a statement. “It is an honor to help remake this block of Madison Avenue into a highly sought-after residential area in downtown Kirkwood."

Drew Lesinski, spokesman for Savoy Properties, said Kadean was the natural choice to build the latest condo after the company’s exceptional work on the first two buildings.

“We are looking to them again to deliver a building consistent with our other sold-out buildings on that block,” Lesinski said in a statement.