Board Bill Number 120 In Session 2024-2025

Summary

The City of St. Louis is the owner of certain real property located at 5937-47 Dr. Martin Luther King Dr., St. Louis, Missouri 63112 (the "Property") which is the subject of this ordinance that authorizes the sale of said Property to Young Voices With Action, a Missouri nonprofit corporation. The Property is vacant parking lot. There is land adjacent on both sides, not part of the sale, wherein Young Voices With Action is planning to construct (i) a multi-story, approximately 28,000 square foot, residential, retail, and office multi-use project to include the properties at 5949 and 5955 Dr. Martin Luther King Dr., St. Louis, Missouri 63112 (currently owned by the Land Reutilization Authority of The City of St. Louis ), and (ii) a residential, commercial, retail, or mixed-use development on the Property and the adjacent property at 5933 Martin Luther King Dr., St. Louis, Missouri 63112 with a building or buildings containing an exclusive parking area. There is a reversion if the projects fail.

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