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Council approves economic development agreement for redevelopment of former Kmart site
Summary
The council approved Resolution 2025-05-28 to authorize an economic development agreement among the Town, the Redevelopment Commission and Air Alchemist LLC for the former Kmart/Jewel site.
The St. John Town Council on May 28 approved Resolution 2025-05-28 authorizing a form of economic development agreement among the Town of St. John, the St. John Redevelopment Commission and Air Alchemist LLC for the redevelopment of the former Kmart/Jewel property.
Town Manager Billy said the item had been discussed at a prior meeting and identified the old Kmart/Jewel building as the redevelopment site. Councilors moved and seconded the resolution; the roll-call vote was unanimous.
Council noted the project is anticipated to progress in July (no further details or dollar amounts were provided in the meeting transcript). The resolution authorizes the parties to enter an economic development agreement; staff will carry forward contract details with the Redevelopment Commission and the developer.
