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Kander Issues Alert About Deceptive Business Mailer
JEFFERSON CITY, MO, (SLFP.com), October 23, 2016 - Secretary of State Jason Kander has alerted Missouri business owners about a deceptive mailer that claims to be a "Notice of Potential Compliance Violation" from a group calling itself the "Compliance Division." These postcards are not affiliated with any state or federal agency, including the Corporations Division of Kander's office.
"These mailers are deliberately sent to mislead business owners," Kander said. "I encourage anyone who has received this notice to contact my office. We're available to help those who have received this, or any other misleading postcard."
The postcards feature a seal with a scale and may appear to be official government documents, but are not.
Several Missouri businesses have reported receiving the postcard, which directs the recipient to call a toll-free number to avoid potential fees and penalties. When the business owners call, they may be instructed to pay a fee for a "Certificate of Existence," or something similar, which is not required for businesses already registered with the Missouri Secretary of State's Office.
Individuals who have received the deceptive mailer are encouraged to report their experience to Kander's office. Any official correspondence from the secretary of state's office will contain the Missouri state seal and official contact information. To report a letter or learn more about annual filings with the secretary of state, please contact the Corporations Division of Kander's office by calling 1-866-223-6535.
The first building, located on a 12-acre site in the south east corner Fenton Logistics Park, will be a single story, 160,000 square foot facility suitable for office, warehouse and multifunction use. Rendering courtesy M&H Architects
KP Development Plans to Transform Former Chrysler Site into Logistics Park
KP Development's plans to transform the former Chrysler Assembly Plant in Fenton into a logistics park is expected to bring up to 3,000 jobs back to the area. Rendering of master plan courtesy M&H Architects
FENTON, MO, (SLFP.com), October 20, 2016 - KP Development, the St. Louis-based developer leading the project, has been working diligently over the past few years to breathe new life into the former Chrysler plant since closing on its acquisition of the Chrysler site in November 2014.
KP Development has already invested $10 million in site improvements and has been working to line up the local and state incentive packages necessary for the project to continue to advance. Those efforts came to fruition with the recent approval by the St. Louis County Council of Tax Increment Financing (TIF) funding for the redevelopment, and approval is anticipated later this year for state supplemental tax increment financing assistance.
KP Development plans to move forward with the next phase of development as the first new building starts to take shape in what will ultimately be a $222 million, 2.1 million-square foot business park.
In a release, Terry Barnes, Managing Director of KP Development, said "This is the right time for this project and we look forward to now accelerating our work to redevelop this site, and ultimately creating thousands of sustained jobs and renewal of an area which once employed so many."
The first building will be a single story, 160,000 square foot facility located on a 12-acre site in the south east corner of the logistics park and suitable for office, warehouse and multifunction use. It is served by the existing BNSF rail facilities and its access will also be enhanced by a Highway 44 ramp from the future Fenton Logistics Parkway.
Sixteen truck docs will be available initially, with the capability to add an additional 18 if needed. KP Development is in discussions with various prospective tenants for the building under development, as well as with various other potential users of the site.
The architect for the building is M&H Architects. Paric is serving as the general contractor. Construction is expected to be completed by late summer 2017.
Through KP Development's redevelopment plans, more than eight-million square feet of asphalt concrete slabs and parking lots will be removed, two miles of new streets and roadways will be added and an all new utilities infrastructure will be created to serve the needs of the companies and businesses that will call the Fenton Logistics Park home. New electric, gas and water are being finalized to serve the new spec building, and storm water and sanitary improvements are nearing completion.
Bordered by I-44 and strategically situated near the I-44 and I-270 interchange, the Fenton Logistic Park site abuts existing rail access, offering a convenient, easy-to-access Midwest location. It also has the added advantage of a strong and existing workforce. As the local market continues to gain traction as a key Midwestern warehouse and logistics hub, the Fenton Logistics Park will provide new and expanding companies opportunities to establish roots for the next several decades.
As it is built out and additional tenants are lined up, Fenton Logistics Park is expected to feature nearly 1.2 million square feet of manufacturing, logistics and warehouse space; 480,000 square feet of office/warehouse and flex space; 182,500 square feet of retail, restaurant and hotel space, and 105 acres of land owned by the BNSF Railway for anticipated additional railroad services.
The overall development has the potential to result in 2,500 - 3,000 permanent jobs, pumping an estimated $135 million in wages to the region. The actual redevelopment of the site is also expected to create 500-750 construction jobs over the next several years.
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