Ferguson Town Hall: $1.8B Emerson Redev
St. Louis News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Fergusons Town Hall: Weighing in on $1.8B Emerson Electric Redevelopment
Ferguson hosts a town hall to discuss a proposed $1.8B redevelopment of the old Emerson Electric headquarters site. The project, led by McCormack Baron, includes residential units, retail space, office buildings, and entertainment spots. Residents have mixed feelings, with some excited about growth and others concerned about taxpayer costs. The city council approved tax incentives, and the city will issue bonds for infrastructure work. Negotiations continue, and the town hall offers a chance for input before final deals.
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