ST. LOUIS — A former industrial fuel production plant in south St. Louis will be converted to a business park with help from $6.7 million in state economic incentives.
Gov. Jay Nixon and St. Louis Mayor Francis Slay were scheduled to outline details of the project at a news conference Thursday afternoon.
The 40-acre Carondelet Coke facility was a coal-gasification and coke-production plant. Heavy pollution had prevented improvements to the site, whose development dates to the 1700s.
The city calls it the largest single parcel of publicly owned industrial property in St. Louis. Some adjacent property also has development potential.