Common Contracts

RE: Second Amendment to One North Master Development Agreement

Master Development Agreement • March 26th, 2018 • Missouri

• Contract Type
  Master Development Agreement
• Filed
  March 26th, 2018
• Jurisdiction
  Missouri

The City’s Master Development Agreement (“MDA”) with the Master Developer of One North (the “Developer”) currently provides that, as Phase I the One North project, on or before the first anniversary of the effective date of the Spine Road contract (April 5, 2018), the Developer shall enter into a Component Development Agreement with a Component Developer for each of the Hotel, Grocery and Apartment Project Components. The Developer has communicated to the City that he has thus far been unable to locate a viable, experienced candidate willing to develop and operate a grocery store on the site.