St. Louis Corp Seeks Eminent Domain for Downtown Revival
St. Louis News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
St. Louis Development Corporation seeks to revitalize downtown by tearing down a derelict parking garage and an old restaurant, owned by nearby Railway Exchange Building proprietors. Despite multiple buyout offers, the owners refuse to sell. The agency now pursues eminent domain, aiming to seize the properties. Local leaders support the move, while property owners and residents express concerns about property values and potential delays. The city has initiated condemnation proceedings, with court dates set soon. Funding for redevelopment is secured through city bonds, marking a significant step in St. Louis urban renewal efforts.
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