Kroenke, partner drop bid to develop Maryland Heights land

Alan Bornstein and investment partner Stan Kroenke ditched plans to develop 1,800 acres of flood plain in Maryland Heights.

“Mr. Bornstein has picked up his sticks and gone home,” Maryland Heights Councilman Ed Dirck said during a special meeting. “We’re starting from scratch.”

It could be a year before officials send out requests for proposal to developers interested in developing the real estate.

Read more from the St. Louis Post-Dispatch.