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“Every neighborhood deserves to benefit from this investment,” St. Louis Mayor Tishaura Jones said.
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He was the organization's first CEO after five local economic development organizations merged into a single entity.
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Lambert’s relationship with Southwest Airlines has helped the airport reestablish passenger traffic after losing its TWA hub in the 2000s. That rebound now helps the airport drive 5.5% of the region’s gross domestic product.
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Boeing promises the project will create at least 500 jobs.
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One member of the St. Louis County Council called the Boeing request for a $155 million tax abatement on the company’s proposed $1.8 billion investment “tone-deaf timing.” It comes just weeks after the council voted against freezing property taxes for seniors.
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Companies can claim a tax credit of $1,500 for each new paid intern or paid apprentice they hire up to $9,000.
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The goal is to see what’s working well and apply it across similar districts that dot the St. Louis region.
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The sector has become a pillar of business opportunity that leaders want to develop in the region.
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A group of government, community and business leaders will meet weekly for the next six weeks to come up with long-term solutions to increase public safety.
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The state Supreme Court will decide whether a 2020 ballot item expanding Medicaid goes into effect — or is invalidated without legislative action.