by Michael R. Allen
The big story this week is that Paul J. McKee Jr.’s Northside Regenation LLC filed a post-trial (well, post-ruling) request for a new trial to Judge Robert Dierker, Jr. The City of St. Louis apparently is joining the request. On July 2nd, Dierker invalidated the two city ordinances that constituted Northside Regeneration’s redevelopment agreement with the City of St. Louis.
Not mentioned in recent news reports is the fact that Northside Regeneration is still buying property for its project. The most recent purchase brings Northside Regeneration’s holdings directly into downtown. On June 4, the company closed on a nearly $2 million purchase of a large parcel containing a warehouse building located at 1424 Dr. Martin Luther King Drive. (The parcel is highlighted on a Geo St. Louis map below.)
If that address is not familiar, its surroundings will be: the parcel is one block north of the City Museum, and for the last few years its parking lot has been home to a changing assortment of fire engines, school buses and even the original cupola of the City Hospital’s Administration Building.