• Jobs, Growth and the Dubious Worth of Tax Incentives

    From Governing:  As governments struggle to keep and attract employers and jobs, economic development incentives such as tax-increment financing and tax abatements are becoming more popular, as evidenced by the nationwide frenzy to offer massive tax breaks...

    • Posted 2 weeks ago
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  • Economic Incentives Fuel Industrial Development in St. Louis Market

    From REBusiness:  It has been a banner year thus far for the St. Louis industrial market with yet another milestone achieved. Mid-year absorption totaled 2.5 million square feet of space, a number more closely suited for the...

    • Posted 3 months ago
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  • Limiting Tax Incentives Could Decrease Inequality in St. Louis

    From St. Louis Public Radio:  A coalition critical of the tax relief St. Louis awards developers wants lawmakers to make processes to grant tax incentives more transparent and more equitable. When it started in 2016, Team TIF...

    • Posted 10 months ago
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  • Missouri Auditor Calls for More Tracking of Tax Breaks

    From The Associated Press:  Missouri Auditor Nicole Galloway on Wednesday said the state doesn’t do a good job of tracking the impact of tax breaks that sometimes are pitched as a way to spur the economy. Legislative...

    • Posted 1 year ago
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  • Generous Incentives Draw Logistics, Industrial Facilities to Hazelwood

    From St. Louis Post-Dispatch:  When this city faced the loss of 1,400 good-paying manufacturing jobs from a closing Ford assembly plant, the suburb just north of St. Louis Lambert International Airport wasted little time laying the groundwork...

    • Posted 1 year ago
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  • Racial Equity and Tax Incentive Policy in St. Louis

    From The St. Louis American:  St. Louis is proposing a temporary reform of its tax incentive policies, until the city gets enough money to do a permanent overhaul. While that’s how the city’s development authorities are touting...

    • Posted 1 year ago
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  • County Agency Advances Millions in Bonds for Maryland Heights Ice Center

    From St. Louis Post-Dispatch:  A new practice facility for the St. Louis Blues moved closer to reality Tuesday after the St. Louis County Industrial Development Authority gave preliminary approval to issue up to $45 million in tax-exempt...

    • Posted 2 years ago
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  • Developers Seek Tax Increment Financing for Proposed Dogtown Project

    From  St. Louis Public Radio:  A planned $26 million apartment and retail development in St. Louis’ Dogtown neighborhood could remake a long neglected spot. Pearl Companies, of Indianapolis, is proposing a five-story apartment building at the corner...

    • Posted 2 years ago
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  • Is St. Louis Using TIF and Tax Abatement the Best Way?

    From St. Louis Public Radio:  On Tuesday’s St. Louis on the Air, we turned our attention to the use of tax increment financing (TIF) and tax abatement as an economic development tool. Is it used too much...

    • Posted 2 years ago
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  • Ballpark Village Tax Incentives Move Forward

    From St. Louis Public Radio:  A St. Louis aldermanic committee approved a $56 million tax incentive package for Phase II of the Cardinals’ Ballpark Village on Wednesday in a meeting that also delved into larger economic development...

    • Posted 2 years ago
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