University City residents voice concerns over Olive redevelopmen - KMOV.com

University City residents voice concerns over Olive redevelopment plan

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A redevelopment plan for Olive near I-170 was the focus of a meeting among homeowners in University City Monday night. Credit: KMOV A redevelopment plan for Olive near I-170 was the focus of a meeting among homeowners in University City Monday night. Credit: KMOV
UNIVERSITY CITY, Mo. (KMOV.com) -

A redevelopment plan was the focus of a meeting among homeowners in University City Monday night.

The city wants to redevelop Olive Boulevard near I-170 to bring new commercial and residential development.

The issue for some is that they already live there and the developer is offering to buy them out. For some, this area has been there home for years.

Taeya Stalling came to the meeting to support her family whose home is in the middle of the redevelopment area. It’s also the last house they shared with her late father-in-law.

“She just lost him and that was his home and that’s all she really has left of him, to see her grieving losing him and see her feel forced to leave you know, that bothers me,” said Stalling.

The city wants to bring new shops, a hotel, and senior and family living to the area and that means the developer is working to acquire land.

At the meeting, a Novus spokesman said they’ve already acquired more than 80 percent of the residential property.

City representatives were focused Monday night on clearing up misconceptions.

“We’re not using eminent domain against any residential homeowner or dweller,” said University City Councilman Bwayne Smotherson.

Smotherson stressed this is the beginning of the process and that the end goal for the city is a stronger community. He said the entire area will benefit from increased property values, hundreds of more jobs and a boost in sales tax.

“We don’t have people other communities coming to U City to buy things and leaving their money in U City so that’s what we’re trying to establish,” said Smotherson.

The city also still needs to approve tax breaks for the project. A TIF commission public hearing will be held on Wednesday, May 23 from 7:00 p.m. to 9:00 p.m. at the Mandarin House Banquet Hall at 8008 Olive Boulevard.

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