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State inches toward sale of land for MLS stadium

No purchase price was given in documents considered Monday, though they said the sale is expected to occur on Dec. 1.

ST. LOUIS BUSINESS JOURNAL — The state board that oversees the Department of Transportation on Monday voted to give officials power to sell land near Interstate 64/40 and 22nd Street to the city of St. Louis for a Major League Soccer stadium.

The Missouri Highways and Transportation Commission, which oversees MoDOT, would have to vote again to approve a final sale for the 22 acres, in the northeast quadrant of the intersection. No purchase price was given in documents considered Monday, though they said the sale is expected to occur on Dec. 1.

Patrick McKenna, MoDOT director, said negotiations are ongoing between the state and city for the property, which is near a forthcoming $30 million redo of the Jefferson Avenue/I-64 interchange, to accommodate the National Geospatial-Intelligence Agency's new north city headquarters. "We understood there to be some desire to move the process forward as soon as could be done," McKenna said of the land near 22nd Street.

City development officials, including St. Louis Development Corp. Executive Director Otis Williams, had no immediate comment. A spokesman for the MLS franchise, #MLS4TheLou, did not immediately respond to a request for comment. 

Click here to see the full story on the St. Louis Business Journal.

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