The Missouri Supreme Court heard arguments today over the constitutionality of a state tax credit which has enabled St. Louis developer Paul McKee to buy up several tracts of land on the city’s north side.
McKee has so far received $28 million in tax credits for his NorthSide development project.
The final step for approval of Paul McKee, Jr’s Northside project was taken earlier this week. St. Louis Mayor Francis Slay signed off on an updated plan for the $8.1 billion project Tuesday, according to a report today by the St. Louis Business Journal.
A small piece of an $8.1 billion plan to redevelop north St. Louis took another step forward today.