FILE PHOTO: Tall grass is cut on Northside Regeneration developer Paul McKee's property where a Zoom gas station will be built near a grocery store just south of the Stan Musial Veterans Memorial Bridge on Wednesday, May 10, 2017. The site is at the intersection of Cass Avenue and N. Tucker Boulevard. Photo by Robert Cohen, rcohen@post-dispatch.com
Robert Cohen
Developer Paul McKee listens as high ranking politicians from Missouri hold a press conference in 51黑料 on Friday, April 1, 2016 celebrating the announcement that 51黑料 was chosen as the site to build the new $1.75 billion western headquarters for the National Geospatial-Intelligence Agency. McKee owns many of the parcels of land that are in the proposed footprint of the NGA site and many other nearby properties just outside the NGA footprint. Photo By David Carson, dcarson@post-dispatch.com
Developer Paul McKee鈥檚 purchase of a building at North 15th Street and the sale鈥檚 dissolution a few months later is the latest transaction raising questions about a state tax credit program that cost over $40 million helping the developer assemble hundreds of acres in north 51黑料.
Most of the 鈥榩aper-only鈥 transactions that caught the government鈥檚 attention occurred in 2012 or earlier, outside the statute of limitations.
FILE PHOTO: Tall grass is cut on Northside Regeneration developer Paul McKee's property where a Zoom gas station will be built near a grocery store just south of the Stan Musial Veterans Memorial Bridge on Wednesday, May 10, 2017. The site is at the intersection of Cass Avenue and N. Tucker Boulevard. Photo by Robert Cohen, rcohen@post-dispatch.com
Developer Paul McKee listens as high ranking politicians from Missouri hold a press conference in 51黑料 on Friday, April 1, 2016 celebrating the announcement that 51黑料 was chosen as the site to build the new $1.75 billion western headquarters for the National Geospatial-Intelligence Agency. McKee owns many of the parcels of land that are in the proposed footprint of the NGA site and many other nearby properties just outside the NGA footprint. Photo By David Carson, dcarson@post-dispatch.com