Reseña de Crestwood Commons Redevelopment

Crestwood Commons Redevelopment de Eastern District, Division Three Court of Appeals of Missouri Resumen del Libro

This is an appeal from a ruling of the trial court awarding interest pursuant to § 523.045 RSMo 1986 in an abandoned
condemnation proceeding. We affirm. This litigation involves the condemnation of a tract of land located in the heart of Crestwood, Mo. The property was leased
by 66 Drive-in Inc. (respondent) which operated a drive-in movie theater on the premises for approximately forty years. The
lease was due to expire in the year 2010. The Crain family owned the property. On April 12, 1988, the Crestwood Board of Alderman
enacted ordinances blighting the property and invited bidding for redevelopment. Two groups submitted plans for the redevelopment,
Crestwood Commons Redevelopment Corp. (appellant) and Crestwood Festival Associates (Crestwood Festival). Appellant's plan
was selected and awarded the right to develop the property.

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