Photos by Chris Naffziger
The St. Louis Development Corp. only moved to seize land from developer Paul McKee after he sought to demand $116 million for the acreage, according to a letter released by the agency Friday.
The leader of SLDC, Otis Williams, said in a letter dated Thursday that the asking price of more than $116 million for NorthSide Regeneration’s land was “so extreme that no amount of negotiation would be realistic.” Instead, the city last began to pursue eminent domain proceedings against NorthSide Regeneration, led by McKee.
SLDC announced this week that it’s looking to file a condemnation petition for 89 parcels in the Jeff-Vander-Lou neighborhood, near the recently-opened National Geospatial-Intelligence Agency (NGA) West headquarters…