The Natural Place To Do Business.


Welcome To The Millstone Company

The Millstone Company is a St. Louis based real estate and private equity investment company. The company was founded in 2001 with the acquisition of Fountain Lakes Commerce Center. Fountain Lakes is located at the interchange of Highway 370 & Elm Street/New Town Boulevard in the City of St. Charles, Missouri. Due to the high quality of life, affordability and excellent job growth, St. Charles County is in the top two percent of growth in the United States. Nearly all of the existing growth along the 370 corridor is accessed through the Elm Street/New Town Blvd. interchange.

The Millstone Company has integrated a wide range of businesses in Fountain Lakes and has attracted supporting services as well. The public parks that were built as part of the original development plan, nearby amenities, affordable housing and a well planned business park create a setting that enhances the investment of existing area businesses and organizations.

Company Overview

Since its inception, while making other real estate and other private equity investments, The Millstone Company has focused on the development of its award winning Fountain Lakes Commerce Center (recognized for planning excellence by the City of St. Charles and the Missouri Chapter of the American Planning Association). Today, Fountain Lakes Commerce Center contains approximately 2.7 million square feet of commercial, industrial, and retail space with another 1.5 million square feet remaining to be developed.

Beyond the success of Fountain Lakes Commerce Center, The Millstone Company invests in a variety of other projects and businesses. Our goal is to provide investors, businesses and communities with superior financial returns through a commitment to quality and detailed planning. We continue to search for new private equity investment opportunities.

The Millstone Company Founder

Bob Millstone is the President and founder of The Millstone Company, a private equity and real estate investment company. Bob is also a managing member of Millstone Capital Advisors, LLC, which manages a private equity fund that invests in small to mid-size companies. Bob was previously the President, CEO, and General Counsel at Millstone Bangert, Inc., a premier airport, heavy, and highway construction company. He also worked as Senior Trial Attorney for the Tax Division of the United States Department of Justice and an Associate at Coburn & Croft (now Thompson Coburn). He received his A.B. in economics, J.D., and Executive M.B.A. from Washington University in St. Louis.

Bob is active in a number of business, professional, and community organizations. His current activities include being a Director of the Barnes Jewish Hospital Foundation, Member of Good Government for Missouri, Immediate Past Chair of the Board for the Jewish Federation of St. Louis, Board member for the Michael and Barbara Newmark Institute for Human Relations, President and Director of the Millstone Foundation, Member of the Governance and Education Leadership Committees of the Regional Business Council in St. Louis, Member of the National Councils for Law and Skandalaris Center for Entrepreneurial Studies at Washington University in St. Louis, and Director of Royal Banks for Missouri.

Among other honors, Bob and his family received the American Lung Association of Eastern Missouri’s Best New Volunteer Award for developing a model transportation policy; St. Louis Chapter of the American Jewish Committee Netzach Award; the Discovery!370 Visionary Award; and, Distinguished Young Alumni Award from Washington University in St. Louis.

Robert Millstone


Millstone Capital Advisors is dedicated to helping small to mid-sized companies grow through direct investments and strategic assistance. We have extensive experience working with companies in a broad range of industries, including information technology, health care, financial services, marketing, manufacturing, energy, real estate, notes and insurance. As a St. Louis-based company, the founder and principals of Millstone Capital Advisors have a long history of philanthropy and volunteer support in the region. Our mission includes enhancing quality of life and economic development.