The Hazelwood City Council voted Wednesday to approve a new 300-acre industrial park near the Missouri River.
NorthPoint Development plans to spend about $200 million to put up nine industrial buildings on about 300 acres north of the existing Park 370 Industrial Park and St. Louis Outlet Mall. Part of the project involves raising land out of the flood plain.
The city is granting developers up to 18 years of property tax abatement and a sales tax exemption on construction materials, said David Cox, Hazelwood's economic development director.
The developers are NP Hazelwood 370 Industrial LLC and other affiliates of NorthPoint Development LLC.
A motion by Ward 4 Councilman Bob Parkin to table the motion to approve the plan died for lack of a second. Parkin wanted to have the council look into a letter from an attorney for the Robertson Fire Protection District that disputed an assertion in the plan that it not affected by the tax changes for NorthPoint.
“Having an opinion doesn’t make you right,” City Attorney Kevin O’Keefe said.
Parkin recused himself on the motion to approve the plan, while all other council members voted for it.