St. Louis City plans to spend $20 million on business developmen - KMOV.com

St. Louis City plans to spend $20 million on business development near riverfront

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By KMOV Web Producer By KMOV Web Producer

ST. LOUIS (KMOV) – St. Louis City has plans to spend $20 million on the northern region of the riverfront to improve the municipal river terminal.

Using a combination of city funds and a grant from the US Commerce Department, the city of St. Louis hired a firm to study what needs to be done to revitalize a 3,000 acre area.

The area goes up from Cass to Maline Creek, wedged between the Mississippi River, Interstate 70 and North Broadway.

The city wants to do three things: keep businesses that are there, help large businesses expand and attract supply and supporting businesses.

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