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Walmart/THF Development plan voted down

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Sherman A1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-28-10 04:28 PM
Original message
Walmart/THF Development plan voted down
"Florissant Council Turns Down Wal-Mart Developer
With a packed audience, most of them opposing a plan for a new Wal Mart Super Center, the Florissant City Council by a 9-0 vote turned down THF Development as the preferred developer of to the 3200-3400 North Highway 67 redevelopment plan. THF wants to build a new Wal-Mat Center on 49 acres of land, which is located behind the Lowe’s store on N. Lindbergh. However, THF wants Tax Increment Financing (TIF) in order to proceed with the project."

http://www.flovalleynews.com/florissant-council-turns-down-wal-mart-developer



IMO... An Excellent Development in this proposed Development.....:bounce:

Note: Florissant is a Northern Suburb of St. Louis, MO
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louis-t Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-28-10 04:30 PM
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1. Wal-mart will eventually win.
Most of the time, they do.
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Sherman A1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-28-10 04:33 PM
Response to Reply #1
3. They may, but
they wanted a TIF to develop a track of woods and the council voted No TIF. Walmart had previously stated they would not move forward without it. They may change their mind and do so, but at least they will have to foot the bill.
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Lifelong Protester Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-28-10 04:30 PM
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2. Good, always happy to see HellMart turned down.
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