• Local Company Eyes Buying, Developing Crestwood Mall Site

    From Call Newspapers:  A St. Louis-based developer is interested in buying the former Crestwood mall site and taking over its redevelopment. Walpert Properties, a company headquartered in Creve Coeur, hopes to redevelop the mall into a mixed-use...

    • Posted 3 days ago
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  • The Trouble With TIF

    From CityLab:  Local governments often hail this tool as a way to revitalize investment-deprived neighborhoods, fix dilapidated roads, clean up polluted waters, revamp blighted property, and foster commercial activity and job creation. It’s often poorly understood by city taxpayers,...

    • Posted 7 days ago
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  • TIF Vote Was Just First Step For Contentious U. City Development

    From University City Patch:  Backers and opponents of the tax increment financing (TIF) plan that passed in University City Thursday night both agree that the vote was only the beginning of a long process. Third Ward Council members Bwayne...

    • Posted 4 weeks ago
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  • University City Commission Backs Plan for Tax-Supported Development at I-170 and Olive

    From St. Louis Post-Dispatch:  A University City commission on Thursday night voted in favor of plan to provide up to $70 million in tax assistance for a $190 million retail-anchored development at Interstate 170 and Olive Boulevard. The...

    • Posted 4 weeks ago
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  • Downtown Kirksville Revitalization Finally Moving Forward

    From Kirksville Daily Express:  A project to revitalize the storefronts of downtown Kirksville is moving forward after more than three years in the making. Assistant City Manager Ashley Young announced at the City Council study session Monday...

    • Posted 1 month ago
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  • Work Starts on Parking Garage at Cortex

    From St. Louis Business Journal:  Construction has begun on a new 677-car garage at Cortex. The city of St. Louis recently issued a $12 million permit to HOK for construction at 313 S. Sarah St., near Duncan...

    • Posted 1 month ago
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  • After Overflow Hearing, University City Gives People Another Chance to Speak on TIF Proposal

    From St. Louis Post-Dispatch:  After an overflow crowd kept an estimated 100 people from attending last month, a commission considering $70 million in subsidies for a $190 million retail-anchored development gave the public another chance to weigh in Wednesday...

    • Posted 3 months ago
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  • University City Rejects Sunshine Request For TIF Analysis

    From University City Patch:  University City has rejected a sunshine request from local activist Clair Antoine seeking an independent TIF analysis by St. Louis Development Corporation financial analyst Jonathan Ferry. Ferry has done similar work for projects...

    • Posted 4 months ago
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  • University City Has No Minority Inclusion Policy for Public-Subsidized Projects

    From The St. Louis American:  About 10 miles south of the Ferguson unrest’s Ground Zero, developers have proposed a $203.3 million project  that will redevelop the northern third – or 800 acres – of University City, making...

    • Posted 4 months ago
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  • Citizens Call For Community Benefits Agreement Before TIF Vote

    From University City Patch:  With a public hearing just over a week away, many U-City residents still feel they are in the dark about the proposed redevelopment on Olive Boulevard in the city’s third ward. A special...

    • Posted 4 months ago
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