TIF http://news.stlpublicradio.org en Northside Regeneration Moves Forward To Board Of Aldermen http://news.stlpublicradio.org/post/northside-regeneration-moves-forward-board-aldermen <p>The St. Louis Tax Increment Financing Commission voted to activate the last two phases of the Northside Regeneration project Wednesday morning, which has more than $190 in TIF funding.</p><p><span style="line-height: 1.5;">Six commissioners voted yes with one, Ken Hutchinson, abstaining.</span></p><p><span style="line-height: 1.5;">It now will move to the Board of Aldermen where the Housing, Urban Development, and Zoning committee likely will hear it.</span></p> Wed, 11 Sep 2013 14:49:36 +0000 Maria Altman 29821 at http://news.stlpublicradio.org Northside Regeneration Moves Forward To Board Of Aldermen Mo. Supreme Court Gives Paul McKee Green Light On Northside Project http://news.stlpublicradio.org/post/mo-supreme-court-gives-paul-mckee-green-light-northside-project <p>After over 3 years of litigation, developer Paul McKee’s controversial Northside Regeneration Project is being allowed to proceed.&nbsp; On Tuesday the Missouri Supreme Court reversed a lower court decision blocking McKee’s use of so-called "Tax Increment Financing," (TIF) for the development.</p> Tue, 09 Apr 2013 22:44:30 +0000 Adam Allington 25278 at http://news.stlpublicradio.org Mo. Supreme Court Gives Paul McKee Green Light On Northside Project Northwest Plaza Mall Redevelopment Under Way http://news.stlpublicradio.org/post/northwest-plaza-mall-redevelopment-under-way <p>Demolition crews are set to make way for a $106 million overhaul of the old Northwest Plaza Mall in St. Ann.</p><p>The nearly two-million square foot property has <a href="https://www.marketplace.org/topics/business/last-man-northwest-plaza-mall">sat vacant</a> for years and will be rebranded as “The Crossings at Northwest”.</p><p>On Tuesday elected officials took turns taking a sledgehammer to the old Sears Automotive Center, located at the corner of Lindbergh and St. Charles Rock Road.</p> Tue, 13 Nov 2012 20:49:36 +0000 Adam Allington 6384 at http://news.stlpublicradio.org Northwest Plaza Mall Redevelopment Under Way Ballpark Village incentives a step closer to reality http://news.stlpublicradio.org/post/ballpark-village-incentives-step-closer-reality <p>Subsidies for a scaled-back Ballpark Village continued their march toward completion at the Board of Aldermen today - a day after <a href="http://news.stlpublicradio.org/post/cardinals-ballpark-village-could-break-ground-end-year">getting the nod</a> from a city development agency.</p><p>The $17 million in tax incentives got initial approval from the board today. It still needs one more vote from the Board, and then approval by the state. That meeting <a href="http://www.mdfb.org/pdfs/2012schedule.pdf">appears to be scheduled</a> for July 17.</p> Fri, 06 Jul 2012 19:37:41 +0000 Rachel Lippmann 4073 at http://news.stlpublicradio.org Ballpark Village incentives a step closer to reality TIF report finds little regional benefit http://news.stlpublicradio.org/post/tif-report-finds-little-regional-benefit <p>Are public incentives likes <a href="http://en.wikipedia.org/wiki/Tax_increment_financing">TIFs </a>and <a href="http://www.modot.mo.gov/partnershipdevelopment/documents/TDDInfo.pdf">TDDs </a>worth it? An <a href="http://www.ewgateway.org/pdffiles/library/dirr/TIFFinalRpt.pdf">updated report</a> by the <a href="http://www.ewgateway.org/default.htm">East-West Gateway Council of Governments</a> says probably not.</p> Wed, 26 Jan 2011 22:50:49 +0000 Rachel Lippmann 403 at http://news.stlpublicradio.org TIF report finds little regional benefit