From Martin V's section of the PD
THIS COKE'S FOR WHO?: With a new casino about to be built next door, interest in the site of the former Carondelet Coke plant at the southern tip of St. Louis is suddenly surging.
The city awarded Clark Properties the rights to redevelop the property more than two years ago, but the company never signed an agreement. The city plans to rescind the rights next month and throw the 40 acres back on the block for bidding by developers. It is one of the largest city-owned parcels left.
"There is a sense of urgency to keep things moving," says Rodney Crim, executive director of the St. Louis Development Corp. "There has been so much development momentum in the city that people are asking what else is available."
The plant, on the Mississippi River just north of the River Des Peres, used to produce coke, a coal product often used in making steel. It has been idle since the mid-1980s.
Clark Properties President Mike Clark did not return calls seeking comment.
Many question marks surround the property. A conclusive environmental assessment has never been done.
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THIS COKE'S FOR WHO?: With a new casino about to be built next door, interest in the site of the former Carondelet Coke plant at the southern tip of St. Louis is suddenly surging.
The city awarded Clark Properties the rights to redevelop the property more than two years ago, but the company never signed an agreement. The city plans to rescind the rights next month and throw the 40 acres back on the block for bidding by developers. It is one of the largest city-owned parcels left.
"There is a sense of urgency to keep things moving," says Rodney Crim, executive director of the St. Louis Development Corp. "There has been so much development momentum in the city that people are asking what else is available."
The plant, on the Mississippi River just north of the River Des Peres, used to produce coke, a coal product often used in making steel. It has been idle since the mid-1980s.
Clark Properties President Mike Clark did not return calls seeking comment.
Many question marks surround the property. A conclusive environmental assessment has never been done.
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