Developer Paul McKee hasn’t paid taxes to the city for two years on the 1,500 acres of land of the stalled NorthSide Regeneration project.
A lawsuit filed by the Cornbelt Bank asks that McKee’s north-side redevelopment properties be put into receivership.
The former chief financial officer of one of the leading construction firms in the area is indicted on three federal charges of mail fraud.
There’s still no sign of any major work to make way for McKee’s grand vision of transforming north St. Louis.
Aldermanic President Lewis Reed says including an extra $29 million for McKee in a general obligation bond on the November ballot could turn off voters.
Last winter, developer Paul McKee said there would be a June groundbreaking on his Northside redevelopment project.
A plan to develop the Bottle District—so named for the big Vess Bottle sign—was first announced nearly a decade ago.
Developer Paul McKee has until the end of the month to pay his debt of legal fees to the city. Mayor Francis Slay is standing by him despite critics.
ST. LOUIS–(KMOX)–Paul McKee — the developer promising an $8 Billion transformation of north St. Louis — gets an extension to pay $57,000 in legal fees he owes the city. McKee had requested until the end […]
Paul McKee’s $8 billion plans to redevelop north St. Louis have hit a $57,000 bump in the road.