City of St. Louis Reconsiders Deal with Developer McKee

MCNS Staff

Derelict entrepreneur Paul McKee unfortunately affirms all of the negative  stereotypes associated with white owned businesses.

Derelict entrepreneur Paul McKee unfortunately affirms all of the negative stereotypes associated with white owned businesses.

The city of St. Louis is calling on real estate developer Paul McKee and his NorthSide Redevelopment project to the carpet.

According to local reports, St. Louis city counselor Julian Bush has sent a letter to McKee stating that unless he pays his taxes and begins work in 90 days, the city will “take any and all action available to it under the Redevelopment Agreement.” This action could include not paying the developer for any work he has done on the city’s north side.

“It is time to face facts,” Bush writes. “Land lies fallow. Taxes go unpaid. Vacant buildings remain dangerous and unsecured. Regardless of NorthSide’s intentions, and regardless of NorthSide’s abilities, these are not the results the city bargained for when it granted NorthSide redevelopment rights for the area. It is time to terminate the Redevelopment Agreement. It is time to allow other developers a fair chance to improve our neighborhoods and the lives of our fellow citizens.”

The original deal between McKee and St. Louis involved a promise of major development. Much of the land included in the NorthSide Redevelopment initiative remains blighted and undeveloped.

City leaders, including, Mayor Lyda Krewson, are calling for a change in McKee’s handing of the project. “But Northside Regeneration has not lived up to its promises,” she said in a statement. “The City has to take action. We had great hopes for this redevelopment agreement, but now we have to course correct.”

Members of the community have complained for years about vast swaths of land bought up and owned by McKee, and the lack of development they’ve seen there.

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