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Article updated: 12/12/2012 1:06 PM

St. Charles rejects Lexington Club project, developer outraged

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Developers of the former Applied Composites site on North Sixth Street in St. Charles will likely not be getting any money from the city, effectively killing a new homes project.

Laura Stoecker | Staff Photographer

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St. Charles aldermen rejected a request to establish a $6 million tax increment finance district for the Lexington Homes project this week. The vote essentially kills the project, possibly leaving the city with a brownfield site. The attorney for the developers gave aldermen a resounding tongue lashing in response.
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