Major St. Louis development project likely to start soon

Major St. Louis development project likely to start soon

Major St. Louis development project likely to start soon

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AP

Posted on June 8, 2013 at 2:55 PM

ST. LOUIS (AP) -- The long-delayed NorthSide Regeneration project in St. Louis is expected to get started by November.

The St. Louis Post-Dispatch (http://bit.ly/18OGWbz) reports that developer Paul McKee says he is meeting every 10 days with city officials to get the project started as soon as possible.

The $8 billion development by McKee's NorthSide Regeneration LLC is envisioned eventually to include 10,000 homes and millions of square feet of office space in an impoverished two-square-mile area north of downtown St. Louis.

The project got a boost from a Missouri Supreme Court ruling in April that gave the go-ahead to nearly $400 million in city financing for road and street work.

McKee says he is getting more calls from potential tenants now that the lawsuit is finished.

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