Northside redevelopment project to begin in June

Posted on: 7:19 pm, December 18, 2013, by

ST. LOUIS, MO (KTVI)– Fox 2 has exclusive details on the long-delayed northside development that’s supposed to re-build 1500 acres of the north side and provide everything from new housing to new businesses and new jobs.

The project’s been delayed for years, but now it’s ready to begin.

Developer Paul McKee first began buying up property on the north side over a decade ago. But he now says the last legal hurdles are out of the way, and he expects the mammoth first-of-its-kind project to rebuild a huge devastated part of the city will actually start in June.

For years, it seemed like the audacious plan by developer Paul McKee was dead in the water. But after getting clearance from the Missouri Supreme Court last April, the clock began running on actually setting up financing and finalizing plans for phase one. And that planning actually was able to begin a few weeks ago on November 29th. McKee says he’s been approached by several businesses wanting to set up shop in the area. The long-term vision now revolves around businesses centering on food, everything from plant genomic research and plant science to food processing and shipping . McKee says phase one of what’s officially called the “Northside Regeneration Project” will start sometime in June with a very specific list of infrastructure projects.

McKee also says a fair amount of demolition work will be involved in the phase one project. He says eventually he would love for someone to build a professional soccer stadium or an NFL stadium somewhere in the project. He also says he wants people who currently live in the area to stay and hopes that at least one out of every four jobs created by the project can go to people living in the area.  The project area is roughly bounded by Natural Bridge on the north, Highway 40 on the south Grand on the West and Tucker on the east.

Related Stories:

Paul McKee’s North St. Louis project approved by Aldermen

McKee’s Northside Project approved by TIF Commission

Massive McKee Project Gets Green Light

Aldermen pass amendment on bills moving Northside Project forward

1 Comment

  • Zach Chasnoff says:

    Mckee hasn’t been able to secure financial backing for the plan. He is out of his own money to put in the project and is in default on other loans. How will he bring any part of this project to fruition without the financial capacity to do anything?

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