TIF Commission approves package for Chrysler Plant development
(KPLR) – The St. Louis County TIF Commission recommends more than $34.5 million dollars in TIF funding for redeveloping the former Chrysler plant in Fenton.
KP Development wanted $57 million in incentives to help finance its $222 million dollar project called The Fenton Logistics Park.
It would include two million square feet for warehouses, offices and industrial tenants.
It now goes to the county council for final approval next month.