Economic Development

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.

The Staenberg Group has plans to redevelop the site into a “Downtown Chesterfield” with housing, retail spaces, restaurants and more. Developers expect it to be four years before people can start moving into new residential units.

CEO Susan Trautman helped the public agency secure multiple funding streams and dramatically grew the organization’s staff.

The park replaces two previously vacant lots with a few disk golf cages, several metal flower planters, benches and sculptures from local youth artists.

Development of a St. Louis Negro Leagues baseball museum is moving forward after a vote from the Board of Aldermen on Friday. The board approved a redevelopment plan for the project. The approximately $17 million development will also include the construction of 34 senior housing units.

In 2017, 66 projects were approved for tax incentives. That number dwindled to 11 in 2023.