Jon Kipper | |
UNIVERSITY CITY, Mo. (KMOV) – A new development, years in the making, is beginning to take shape in University City.
University City is looking to add options that don’t exist in the city now, that includes a Dierbergs, plus fast food joints like St. Louis Bread Co, among other businesses.
It’s a huge development, $211 million, with even loftier goals of revitalizing areas miles from where it stands.
City Manager Gregory Rose said it’s an area that has been static since the 1990′s.
“I was able to see what Olive Boulevard looked like then and when I returned five years ago, it hadn’t changed a lot,” said Rose.
But now, it’s changing fast and will continue to move once the city council approves the project and the $34 million tax breaks associated with it. Other expected businesses include Chick-Fil-A, Raisin Canes, Chase Bank, First Watch and Chipotle.
Rose said the development first came about seven years ago, and a city council vote on the project is expected in early May.
Rose said it will give residents more food options and help the city coffers with needed tax money, but it’s not just any ho-hum development.