Kevin McGowan

Cupples 9 tax credits
4:58 pm
Fri September 7, 2012

Koster sues to recover tax credits awarded to Cupples 9 project

The Cupples 9 building as it looked in 1989. Chris Koster has sued a more recent owner to recover tax credits that were allegedly fraudulently obtained.
(photo courtesy of the Landmarks Association of St. Louis)

Attorney General Chris Koster has sued a well-known St. Louis developer and his former business partner in an effort to recover tax credits that Koster says were fraudulently obtained.

In the suit filed today in Cole County, Koster alleges that in 2010 and 2011, the state Department of Economic Development awarded developers Kevin McGowan and Nathaniel Walsh nearly $2.4 million in brownfield credits to clean up lead paint at the CupplesĀ 9 building in downtown St. Louis.

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