Board of Aldermen

Business
9:49 am
Wed September 11, 2013

Northside Regeneration Moves Forward To Board Of Aldermen

Paul McKee.
(St. Louis Public Radio)

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.

Six commissioners voted yes with one, Ken Hutchinson, abstaining.

It now will move to the Board of Aldermen where the Housing, Urban Development, and Zoning committee likely will hear it.

Paul McKee told the TIF Commission at the meeting he has two major industrial users interested in moving into the area bringing a total of 250 jobs.

"TIF helps recruit jobs," McKee said.

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