Redis is very good at what it does, storing key values and making simple atomic operations, but if you want to use it as a relational database you're really gonna SUFFER!, as I had... and here is my story...
I've done something like that, making several objects to abstracting all the redis internals exposing primitives queries (I called filters in my code), get, set, updates, and a lot more methods that you can expect from a ORM and in fact if you are dealing only with localhost, you're not going to perceive any slowness in your application, you can use redis as a relational database but if in any time you try to move your database into another host, that will represent a lot of problems in terms of network transmission, I end up with a bunch of re-hacked classes using redis and his pipes, which it make my program like 900% faster, making it usable in the local network, anyway I'm starting to move my database library to postgres.
The lesson of this history is to never try to make a relational database with the key value model, works great at basic operations, but the price of not having the possibility to make relations in your server comes with a high cost.
Returning to your question, I don't know any project to make an adapter to sqlalchemy for redis, and I think that nobody are going to be really interested in something like that, because of the nature of each project.