Kroenke hoping for tax break to develop land in Maryland Heights - KMOV.com

Kroenke hoping for tax break to develop land in Maryland Heights

Posted: Updated:
Credit: KMOV Credit: KMOV

MARYLAND HEIGHTS, Mo. (KMOV.com) – Rams owner Stan Kroenke has taken the team away from St. Louis, but he still wants to be in the pockets of hard working St. Louisians.

Kroenke wants a tax break to develop a piece of land near Highway 364 and Highway 141 in Maryland Heights. The development would include retail and a residential sports district.

The Rams owner is just one of six to submit proposals to develop various parts of the 1,800 acres in the Maryland Park Lake District.  If approved, millions in tax dollars could go to fund the project.

In February, some residents voiced their disapproval for giving Kroenke a tax break for the project.

City officials plan to start the process of examining each proposal and have public workshops in late July.

Copyright 2016 KMOV (Meredith Corporation). All rights reserved.

Watch News 4 Now

Mouse over player for controls · LAUNCH FULL PLAYER

Powered by Frankly