chi-Fenton Logistics (3) A new set of modern distribution, office, flex and retail buildings will rise on land once occupied by Chrysler.

ST. LOUIS—Although user demand intensified in recent years, causing the vacancy rate to plunge, there has also been a big hole in the center of the St. Louis industrial market for a long time. The former Chrysler Assembly Plant in Fenton, MO, has been vacant for years, but with a ceremonial tossing of dirt, last week KP Development began construction on a new $10 million spec building, the first of many that will eventually fill this space.

Representatives from the St. Louis-based developer joined St. Louis County Executive Steve Stenger, Fenton Mayor Mike Polizzi, other municipal officials and other guests to break ground on what will be a single story, 160,000 square foot facility suitable for office, warehouse and multifunction use.

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