Yesterday evening at Central Baptist Church, Aldermen Marlene Davis (D-19th) and APril Ford-Griffin (D-5th) held a meeting on McEagle Properties' large-scale redevelopment project centered around St. Louis Place and JeffVanderLou. McEagle's representatives made a presentation, including slides showing proposed land uses, before taking spirited questions from the crowd.
The bombshell dropped was that McEagle plans to submit a financial plan and tax increment financing plan to the city by May 26, and hopes to have a redevelopment ordinance approved by the Board of Aldermen by the end of the year. This project is on a fast track all of a sudden.
The St. Louis Post-Dispatch has an account here: "Residents get briefing on developer's long-awaited plan"
I'm going to withhold comment now and turn this post over to readers and people who attended last night's meeting.
What are your thoughts about the McEagle project, the proposed timeline and the forthcoming request for more public incentives?