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Resource ID: #15818
Subject: Real Estate
Source: Riverfront Times (St. Louis)
Affiliation: 
Date: September 22-28, 1999

Description

The Riverfront Times reports "How the Page Avenue extension has been good for influential road-builder Fred Weber Inc. -- through construction contracts, profitable land sales and a sweet deal with St. Louis County to expand its golf course....The history of Fred Weber's golf course spans the past decade and is chained to the controversial expressway project, link for link. It is a history that details free-market transactions -- how land was bought, developed and sold for profit -- and shows how, with a little foresight and a lot of muscle, public money can be used to leverage private profit...."

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