Sunday, March 9, 2008

MSD sells its former headquarters - secretly...

I came across a very interesting article in the Post-Dispatch today. Sure, I'm a few days late, but Sunday is my day to catch up on reading the newspaper. Apparently, MSD has sold its former headquarters, which sits right at Highway 44 and Hampton.

The 2.93 acre site is apparently to become part of 26-acre shopping center and office complex. To give you an idea of how big that is, you can compare to the fairly new "Loughborough Commons" at Loughborough and 55, which is 30 acres, and houses Schnuks, Lowes, Qdoba, and Starbucks, among others.

The Post-Dispatch article says that the city hopes to seek proposals for developing the site by the end of the year, and that Rodney Crim, executive director of St. Louis Development Corp. said "the city needs a shopping center so residents can shop in St. Louis rather than go to St. Louis County."

It's certainly an ideal location with both highways being so close, as well has having the Hampton corridor. One can only hope that competent planning goes into whatever development is chose and we don't end up a half empty complex like the struggling Southtown Centre at Kingshighway and Chippewa in south St. Louis city. There's also the rumor that IKEA has been wanting the perfect space to put a location at - and one of their main criteria is visibility from the highway. Hmm....

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