Alternative energy group submits proposal to buy Chrysler Plant - KMOV.com

Alternative energy group submits proposal to buy Chrysler Plant in Fenton

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By Lakisha Jackson By Lakisha Jackson

(KMOV) — A new bid for the old Chrysler plant in Fenton could bring in hundreds, even thousands of high-paying jobs to St. Louis County.

A development group has plans to build a technology park, hosting businesses that use, make or research and develop alternative energy.

The St. Louis County Economic Development Council isn’t naming the group yet, but says most of the investors are local.

Taxpayers have invested at least $2.1 million in marketing and environmental studies on the property, which is reported to have a price tag of $35-50 million.

Chrysler closed for good last summer.  Since then, local, state, and federal dollars have been used to market the site, conduct environmental studies to entice redevelopment. 

 

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