A huge redevelopment project on St. Louis’ north side has been in a holding pattern for years.
A lawsuit challenged the city’s authorization of millions of dollars in tax incentives for the 1,500-acre development “Northside Regeneration.”
The Missouri Supreme Court could rule on the case as early as Tuesday.
But as St. Louis Public Radio’s Maria Altman reports, the years of waiting for work to begin have left questions about whether developer Paul McKee can really pull off his expansive plan.
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120 mixed-income apartments are now available to residents of St. Louis’18th Ward, just north of the old Gaslight Square.
The project, called "North Sarah Apartments," is a LEED-certified green community, with garden style and townhouse apartments.
18th Ward Alderman Terry Kennedy said the project was envisioned by residents over 10 years ago.
Central to their idea, Kennedy says, was the restoration of a commercial district on North Sarah Street.
The St. Louis Development Corporation is holding a public meeting on Tuesday afternoon to discuss plans to develop the north St. Louis riverfront.
The engineering firm HNTB has been studying the 3,000-acre area for the city, to figure out what’s needed to turn it into a freight transportation hub. The city also wants to attract new businesses and jobs.
Are public incentives likes TIFs and TDDs worth it? An updated report by the East-West Gateway Council of Governments says probably not.
St. Louis Public Radio is a service of the University of Missouri-St. Louis.