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The existential threat from flooding is also an economic one for the cities and towns that hug the country's major rivers. In total, flooding in 2019 along the Mississippi and its tributaries caused an estimated $6.2 billion in damage, including millions in the St. Louis region.
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The Osage Beach Board of Aldermen has approved a redevelopment plan for the lakefront project near the Grand Glaize Bridge. Plans for the 25-acre property include restaurants, a Ferris wheel, a waterpark with a retractable roof and a 400-room Marriott hotel.
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22 of the 26 new homes will be designated for families who are ready to buy a home and make below 80% of the area median income, $75,900 for a family of four.
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The project includes the rehabilitation of the historic Melba Theatre on South Grand, which multiple private developers have tried to take on in the past.
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This week, the community improvement district released the findings from a study that examined what may be missing from the business district. A market hall for developing businesses is one possibility.
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Modern riverfront developments face a reality of accommodating a river that’s seeing major floods and droughts with more frequency.
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University City residents say officials promised eminent domain wouldn’t be used to sell their homes.
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The St. Louis Development Corporation is on the lookout for a consultant that can help improve its internal workings. That's weeks after a federal grand jury indicted a St. Louis alderman for allegedly pressuring agency staff to sell property to a businessman in exchange for a bribe.
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Riverpointe is a $350 million riverfront investment that is intended to redefine St. Charles’ historic town center as a destination.
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A $160 million redevelopment threatens to close a St. Louis woodworking business.