St. Louis Development

The People’s National Bank says the prominent developer has not made a single payment on the multimillion-dollar loan.

Developers said the Armory would be a leading entertainment destination. Less than two years after opening in an unfinished state, the Amory has closed indefinitely while its leaders seek more funding.

The new park includes gated entrances and protected trails and parking. Starting Sunday, it will be open from 7:30 a.m. to 30 minutes after sunset.

St. Louis has roughly 20,000 vacant properties, most of which are in north city and have no buildings on them.

The program provides $12,500 in forgivable home loans to any benefits-eligible employee.

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