(KMOV) -- Thousands of jobs could be on their way to St. Louis thanks to a major development in the works for the Northside of the St. Louis Riverfront.
Developers are planning to revamp 3000 acres of land that runs from Cass Avenue to Maline Creek, which is located in-between the Mississippi River and I-70.
Studies suggests the city should invest in upgrades to the Municipal River Terminal as well as the railroads and roads in the area.
Consultants working on the project say the job calls for hiring thousands of workers to help complete the project.
Companies such as Proctor & Gamble, The Dial Corporation, and Covidien already employ thousands of workers and have businesses in the proposed development area.
Consultants say work in the proposed area could lead to a boost in businesses for companies already located in the area and could also see addition of new businesses.
The required upgrades could lead to a boost in jobs for distribution companies, trucking and warehousing.
Researchers estimate that over 10,000 could be created from the Riverside project.
There's no word on when work will begin on the project.
The City of St. Louis currently wants to use the findings of this proposed study to market the land so businesses find it an attractive place to do business.