Developers have big plans for Union Station in St. Louis, including a 200-foot Ferris wheel. A complete makeover of the outdoor train shed will turn the area into a mini-amusement park that officials hope will draw more than 1-million people and create more than 300 new jobs.
Developers are asking the city for $18.5 million in tax increment financing to help pay for the expected $70-million second phase. The first phase of upgrading the rail station was a $50-million facelift to the Grand Hall. Union Station already contains a hotel and shopping center. A public hearing on the amusement park project will take place January 7.