Massive Redevelopment In The Works In St. Louis

Developer Paul McKee has secretly assembled 500 acres of land in north St. Louis, and recently unveiled a plan that includes 4 and a half million sq. ft. of new office and retail and 10,000 new homes.
May 30, 2009, 7am PDT | Tim Halbur
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"New streets and sewers. Parks and a trolley line. Even its own power grid.

This is what McKee envisions over the next 15 years across roughly 500 acres on the city's north side. Nothing less than a wholesale rebirth of a swath of St. Louis that hasn't seen much new life in decades.

"If our city is going to be great again," McKee said, "it's got to come from here."

The developer, head of McEagle Properties, sat down with the Post-Dispatch on Wednesday and laid out some of his ideas for the land, which his company has spent five years and $46 million secretly and not so secretly assembling.

It was McKee's most public discussion yet of his goals, and comes a week before he intends to ask the city to provide "hundreds of millions" of dollars in financing to get the project off the ground."

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Published on Thursday, May 21, 2009 in St. Louis Post Dispatch
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