Ashley Energy is exploring an “energy and technology” district surrounding their plant just north of downtown:
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Sizable chunk of real estate:St. Louis Alderwoman Tammika Hubbard said in a letter this month that the company, Ashley Energy LLC, could create a district "highly suitable for biopharma companies, enterprise level data centers, and related energy and agriculture-oriented end users." She said plans call for $200 million in new projects and the creation of at least 100 jobs.
The St. Louis Port Authority this week OK'd a measure calling for Ashley to pay for costs related to negotiating a development agreement at the site, bordered by the Mississippi River on the east, Biddle Street on the south, Collins Street on the west and Mullanphy Street on the north.
But SLDC is most interested in the possibility of developing the blighted area. Williams said Ashley could reinvest insurance proceeds received after its plant sustained significant flood damage last year. Williams referenced a plan for the area unveiled in 2015, which envisioned parks, nature trails and new residential and commercial buildings, with expanded renovation from the Arch grounds to the Stan Musial Veterans Memorial Bridge. The Near North Riverfront had been targeted for a new stadium for the National Football League's Rams before the team left for Los Angeles in 2016.
"Ashley is doing a piece of what was the plan without the stadium, which is the innovation hub," Williams said. He said the development could fit well with redevelopment activity occurring in nearby Laclede's Landing.











