Search "new construction condo downtown Clayton" this month and the results run out fast. Two buildings. Sixty-seven units between them. One of them already has listings marked "last terrace unit remaining."
Search for new construction apartments in the same three blocks and the story flips. One building alone is bringing 151 brand-new units online this summer, more than double the entire condo pipeline combined. Same neighborhood, same construction cranes, two completely different supply stories depending on whether you're buying or renting. If you're comparing Clayton to Ladue or Frontenac as a place to put money into a condo, that split is the thing worth understanding before you look at a single listing.
The condo pipeline is two buildings and sixty-seven units
Forsythia on the Park is the first of them. It's a four-story, 155,500-square-foot building at 8250 Forsyth, wedged between Maryland and Parkside right next to Shaw Park, built by Midas Hospitality as a $37 million project. It holds 38 luxury condos, all two- and three-bedroom layouts, with private terraces and underground garage parking replacing what had been a long-vacant building. Units were originally priced between roughly $900,000 and $2.2 million, and the building has been delivering occupancy since 2025. Recent listings inside the building show unit-specific pricing in that same range, with more than one marked as the last of its floor plan available.
Arqué in Clayton is the second, and it's smaller still: 29 luxury residences from Mehlman Family Development, with two- and three-bedroom plans running from 2,464 to 3,158 square feet, 10-foot ceilings, fireplaces, and 7-inch wide-plank wood flooring. It's still marketing units as of this writing.
Add them together and downtown Clayton's entire new-construction condo supply, the actual brand-new product nobody has lived in yet, comes to two buildings and about 67 units. Everything else for sale in the area is resale: The Plaza in Clayton's 30-story residential tower completed in 2002, the Whitehall, Park Tower, older conversions in Moorlands that go for a fraction of the price. If a buyer's priority is genuinely new construction rather than a renovated unit in an older tower, this is the entire menu.
The rental pipeline is one building and 151 units
Vivienne is doing something structurally different two blocks away at 211 N. Meramec. Designed by Trivers and built by MBG for owner Keeley Properties, it's a 252,002-square-foot mid-rise with nine townhomes and 142 apartments, a mix of one, two, and three bedroom layouts. It's opening this summer, and current asking rents run from about $2,250 for a one-bedroom up to $6,350 or more for a three-bedroom, with amenities that include a sauna and spa, an outdoor pool and courtyard, a clubroom, and dedicated co-working space.
One rental building is delivering more new units this year than the entire condo pipeline has produced across two projects. That's not a coincidence of timing. It reflects a straightforward economic reality: in a downtown this dense, a developer building for rent can fill 151 units faster and with less individual buyer risk than a developer trying to pre-sell 29 or 38 condos one closing at a time.
| Development | Type | Units | Delivery | Price or rent range |
|---|---|---|---|---|
| Forsythia on the Park | Condo | 38 | 2025 | roughly $900,000 to $2.2 million |
| Arqué in Clayton | Condo | 29 | marketing now | not publicly listed |
| Vivienne | Rental | 151 | summer 2026 | about $2,250 to $6,350+ per month |
What this means if you want new construction to live in
If new construction is the priority, and not just a nicely renovated early-2000s unit at the Plaza or the Whitehall, the pool of options is genuinely small. Two buildings, and one of them is already down to its last few floor plans. That scarcity is already showing up in how these units are marketed and priced relative to the resale stock around them. A buyer who wants brand-new walls, brand-new mechanicals, and a garage that's never had another owner's car in it is choosing between Forsythia and Arqué, full stop, at least until another condo project breaks ground.
What this means if you're weighing a condo as a rental
This is where the split actually changes the math for an investor. Buy an existing condo in one of Clayton's older towers with a plan to rent it out, and within a few blocks you'll be competing for tenants against Vivienne's 151 brand-new units, complete with a pool, a sauna, and co-working space your unit doesn't have. That's a meaningful amount of new luxury rental inventory landing at once in a downtown that's only three compact square miles. It doesn't mean rents collapse. It does mean an investor pricing a rental strategy around an older condo unit should assume some rent pressure from a much newer, amenity-heavy competitor opening this summer, not model as if that unit exists in isolation.
Why the "Clayton condo median" you found online doesn't help
Here's the part that trips up anyone trying to use a single price figure to size up this market. As of February 2026, the citywide median listing price for a Clayton condo sat around $325,000. Narrow that same search to Downtown Clayton specifically, and as of November 2025 the median was $749,950, with individual condos ranging from $155,000 up to $7,495,000 in the same dataset. By April 2026, one portal's Clayton condo median had swung to just over $1 million, down more than 23 percent from a year earlier.
None of those numbers is wrong. They're measuring different things. A citywide Clayton condo search pulls in decades-old conversions in Moorlands selling in the low $200,000s right alongside brand-new units at Forsythia priced past $2 million. Narrow the geography to just Downtown Clayton and the number jumps because you've filtered out the cheaper older stock. Widen the time window by a month or two and the median can swing by six figures because so few condos actually trade in this pocket of the market at any given time. A single median for "Clayton condos" is close to meaningless without knowing which building, which era, and which month it's drawn from.
A short FAQ
Is more new-construction condo product coming to downtown Clayton? Nothing beyond Forsythia and Arqué has broken ground for condos as of this writing. The active construction pipeline downtown right now is weighted toward rental product like Vivienne.
Should I expect rents at older condo buildings to drop once Vivienne opens? There's no way to say precisely how much, but a 151-unit luxury rental building opening within walking distance is a real new competitor for the same renter pool, and that's worth factoring into any rental projection for an older unit.
Why do different real estate sites show such different Clayton condo prices right now? Each pulls a different geography and a different month. Citywide figures blend Moorlands-era conversions with brand-new luxury units, while a Downtown Clayton-specific filter and a narrower time window will produce a very different number. Neither is wrong, they're just answering different questions.
If you're weighing a Clayton condo purchase against Ladue, Frontenac, or Town and Country, the building and the year it was built matter more than any median you'll find on a portal. Will Springer Homes tracks these downtown Clayton developments building by building, not just by zip code average. Schedule a consultation with Will to talk through what a specific building or unit actually gets you before you make an offer.
