Economic Development

An incentive agreement between the state and the company lists an East St. Louis address for the facility that will create 150 jobs when operational.

The firm had acquired the property earlier in the year and had been working on the right fit for the space.

Construction is expected to begin next summer on the historic Eliot Elementary School in St. Louis’ Fairground neighborhood. The school will become an addiction treatment center that also addresses homelessness and mental health issues.

The organization’s board of directors voted Thursday to approve the disbursement of $1,090,000 in operational expansion grants after a pause.

A wood building material can be used in high-rise structures, giving it the potential to replace materials that are bad for the climate, while also locking carbon into buildings for decades.

There were more applicants local to St. Louis in the finalist round this year than in the past. And the majority of the awardees came from the region.

The Downtown North Community Improvement District would formalize some of the actions taken by individual property owners to promote the area of downtown as an emerging geospatial and entrepreneurial hub.

The board bill seeks to infuse $232.5 million into development in north St. Louis, southeast St. Louis and downtown.

The city is seeking some $36,295 in earnings and payroll taxes that the developer failed to pay in 2022.

The development by AHM Group aims to transform 12 acres north of CityPark into more than 450 apartment units and tens of thousands of square feet of offices and retail.