Join Riverfront Times Press Club. Because No News is Bad News.

Thursday, November 5, 2009

Recession, Schmession. Who Wants to Build a Billion-Dollar Waterfront?

Posted By on Thu, Nov 5, 2009 at 2:30 PM

click to enlarge If they're gonna build a canal, why not a mountain, too? Just like in the real San Carlos, Mexico! - WIKIMEDIA COMMONS
  • Wikimedia Commons
  • If they're gonna build a canal, why not a mountain, too? Just like in the real San Carlos, Mexico!
St. Chuck, apparently.

Mike Sellenschuetter, president of Dean Homes, has a $1.5 billion plan to erect the Harbor San Carlos not far from the Family Arena.

The developer hatched the partly-public-subsidized idea more than four years ago, but it'd been nearly swamped because of the economic mess. Until this week, that is.

The St. Louis Business Journal's Kelsey Volkmann reports that on Tuesday night, Sellenschuetter was officially designated developer of the 300-acre site by the St. Charles County Council.

According to Volkmann's story, "The plan calls for a hotel, shops, condos, marina, restaurants and pedestrian walkway on the city's largest undeveloped swath of land. The plan also requires dredging sand in a canal to allow for boating between the shore and Bangert Island, a St. Charles County park."

Contractors who've done work for Sellenschuetter are pissed.
A number of mechanics liens and civil lawsuits have been filed in St. Charles County Circuit Court against Sellenschuetter's Dean Homes.

KMOV takes a look at the opposition and wonders whether Sellenschuetter should be making campaign contributions to St. Chuck officials if his company allegedly owes contractors for unpaid work...

Tags: , ,

Riverfront Times works for you, and your support is essential.

Our small but mighty local team works tirelessly to bring you high-quality, uncensored news and cultural coverage of St. Louis and beyond.

Unlike many newspapers, ours is free – and we'd like to keep it that way, because we believe, now more than ever, everyone deserves access to accurate, independent coverage of their community.

Whether it's a one-time acknowledgement of this article or an ongoing pledge, your support helps keep St. Louis' true free press free.

Read the Digital Print Issue

September 23, 2020

View more issues


Never miss a beat

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.

Best Things to Do In St. Louis

© 2020 Riverfront Times

Website powered by Foundation