Major Development Would be ‘Transformative’ to O’Fallon Officials Say
Date Posted: January 30, 2025
Posted In: News, Projects,
From St. Louis Public Radio: A major mixed-use development proposal featuring entertainment, retail and residential could have a transformative impact for O’Fallon and its Family Sports Park, city officials say.
Park Place has been proposed by Bruce Holland of Holland Construction, Rich Gorazd of State Construction and Michael Hamburg of Pier Property Group, who plan to create “a vibrant, dynamic hub for residents and visitors to enjoy,” they stated in a formal announcement.
The development would adjoin the Family Sports Park and include a hotel and upscale housing options among its other entertainment-focused amenities.
It may be the biggest development of its type to be constructed if approved, Mayor Herb Roach estimated.
“It will be close in investment to that of the St. Elizabeth Hospital when it was built here in O’Fallon. That was close to $300 million,” Roach said.
This project will be required to go through multiple public steps before any decision on approval takes place.
“Of course, it will have a significant long-term economic impact for O’Fallon. It is hard to give a number at this time because there are many things to be finalized,” Roach said. “We are extremely pleased to know the background and history of the three major developers involved in the project. Their reputations for quality work are very good.”