Listeners following the city’s ongoing renaissance may have heard of a project named Midtown Station, a giant commercial center proposed for Vandeventer and Forest Park. This could be a dreadful retail strip or a game-changing development. The way it gets built matters a lot.
The St. Louis County Council has green lighted a plan that merges some economic development functions with St. Louis City.
The merger creates the St. Louis Economic Partnership, which among other things will create a central clearinghouse where businesses can find what sites are available and what incentives are offered in both the city and county.
County Executive Charlie Dooley said linking economic development efforts will help the region speak with one voice, but said getting St. Charles County to join the effort will be a critical next step.
St. Louis City and County are a step closer to merging some of their economic development functions.
The St. Louis Board of Aldermen on Friday sent their version of the agreement to Mayor Francis Slay, who's expected to sign it. The St. Louis County Council will take a final vote on its measure on Tuesday.
Supporters of a closer relationship between St. Louis city and county can take heart from a new survey.
The Missouri Council for a Better Economy, a group linked to libertarian billionaire Rex Sinquefield, conducted the survey of 700 voters at the beginning of September. It found that a strong majority of those polled thought some form of unification was worth exploring.
The Missouri Bankers Association has filed a lawsuit against St. Louis County over a new ordinance that requires lenders to offer mediation to homeowners facing foreclosure.
The trade group’s president, Max Cook, said they plan to argue that it has a laundry list of legal problems.
“Not the least of which is statute that says when it comes to banking laws, and rules, and regulation, no entity, be it a county, a city, what have you, can pass an ordinance or a rule more restrictive than that of the state of Missouri,” Cook said.