Land Clearance for St. Louis Redevelopment Authority Acquires Prominent Properties on Martin Luther King Drive for Workforce Development
ST. LOUIS, MO. – Earlier this week, the Land Clearance for Redevelopment Authority of the City of St. Louis (LCRA) — a development board staffed by the St. Louis Development Corporation (SLDC) — closed on its acquisition of a building and 29 vacant parcels at 3940 Dr. Martin Luther King Drive in St. Louis, Mo. SLDC plans to stabilize and transform the 150,000-square-foot industrial building that is situated on 15 acres into a workforce training hub for manufacturing and other high-paying, in-demand jobs. “We are so proud to plant our flag in the heart of North City as an anchor along one of the corridors where our redevelopment and Economic Justice efforts are centered,” said SLDC President & CEO, Neal Richardson. “This is a long-term investment in the future of St. Louis, and we look forward to opening our doors to the community in 2024.” SLDC will work with partner agencies in the St. Louis region to ensure programming at the facility
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