Kroenke business partner considers buying 200 acres in Maryland Heights
MARYLAND HEIGHTS, MO (KTVI) – A new twist in the long-running Rams relocation saga, as team owner Stan Kroenke’s business partner looks to buy 200 acres in west St. Louis County.
According to a report in the St. Louis Business Journal, attorney Alan Bornstein, who represents UTW Realty LLC, said the company has entered a partnership to purchase property near Page Avenue and Highway 141, which is mostly farmland. Kroenke is one of the partners in UTW Realty.
Nearby amenities include the Creve Coeur Airport and the Creve Coeur County Park.
The Maryland Heights city planner’s office said it has not received any plans or designs for the property, the Business Journal reported.
Previously, Kroenke announced plans to build a $2 billion stadium in Inglewood, California on land he purchased in 2014. The Rams are one of three NFL franchises being considered for relocation to the Los Angeles-area. The Oakland Raiders and San Diego Chargers are the two other teams.
The City of St. Louis has proposed building a billion-dollar, NFL-ready stadium along the Mississippi Riverfront in north St. Louis in order to keep the Rams in town.
However, if Kroenke were to build his own NFL stadium—be it in Inglewood, Maryland Heights, or anywhere else he pleases—he would be entitled to all of the revenue generated.