Alderwoman introduces new project agreement ordinance for NorthSide development project
Updated 4:20 p.m. to correct math error in amount of demolition and remediation.
Developer Paul McKee's plan to revitalize North St. Louis is taking a few small steps forward.
Alderwoman April Ford-Griffin will officially introduce legislation tomorrow authorizing Northside Regeneration LLC, McKee's company, to start work on about $3 million of projects in the two-square mile site.
The St. Louis Board of Aldermen signed off about a year and a half ago on a development agreement outlining McKee's expansive vision for the north side, which covers 1,500 acres and includes a proposal total investment of $8 billion. But last July, Judge Robert Dierker struck down the legislation that granted McKee crucial public financing, saying the development agreement did not include enough specifics. He dismissed McKee's request for a new trial; the case is now at the Court of Appeals.
The new legislation appears to be an attempt to alleviate that concern. It outlines plans for a new recycling center on currently vacant land on the corner of 10th and Mullanphy, and for about $2.35 million in demolition and environmental remediation on 27 properties in the area, including the old Greyhound bus station at 13th and Cass.
Just yesterday, McKee announced that piping distributor National Sales Company would move its headquarters from the Central West End to the North Side.