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ST. LOUIS — ARCO Construction Co. is underway on The Rail, a 268-unit development in St. Louis. The $61 million project will comprise 278,500 square feet across four stories. The Rail will offer studio, one- and two-bedroom units. Planned amenities include a courtyard, pool, grilling area, game lounge, fitness center, gathering kitchen and three-story parking garage. HDA designed the community, which is slated to complete this fall.