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SLDC Launches North St. Louis Small Business & Non-Profit Grant Transparency Portal

To strengthen public confidence in SLDC’s process of evaluating applications for the North St. Louis Small Business & Non-Profit Grant Program — and to remain as transparent as possible as funds are disbursed to conditionally approved applicants — SLDC has established the NSTL Grant Transparency Portal. 

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City of St. Louis Files Petition to Acquire Railway Exchange Building & Parcels Through Eminent Domain

To eliminate blight and facilitate redevelopment into more productive mixed uses as allowable by Ordinance 71755, on October 3, the Land Clearance for Redevelopment Authority of the City of St. Louis (LCRA), a development board staffed by St. Louis Development Corporation (SLDC), filed a petition in the 22nd Judicial Circuit Court of St. Louis, Mo., to acquire property through Eminent Domain in the Locust St./ North 6th St./ Pine St./ North 7th St. Redevelopment Area.

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U.S. Department of the Treasury Awards SLDC $25 Million in New Markets Tax Credits to Benefit Local Development Projects

In the latest round of allocations announced by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund), St. Louis Development Corporation (SLDC) was selected to receive $25 million in New Markets Tax Credits (NMTC) to further economic justice and assist local development projects.

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St. Louis Leaders Celebrate Procter and Gamble’s $180 Million Expansion in North City

Earlier this month, representatives from St. Louis Development Corporation (SLDC) and the St. Louis Economic Development Partnership (STL Partnership) joined Mayor Tishaura O. Jones and P&G’s leadership to celebrate the company’s $180 million expansion, which will result in the creation of new jobs at the 17-acre North St. Louis campus where the company produces Cascade, Mr. Clean, Swiffer and Febreze products.

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U.S. Environmental Protection Agency Awards $2.5 Million Brownfields Grant to SLDC for Community Rehabilitation and Revitalization

In May, the U.S. Environmental Protection Agency (EPA) announced over $300 million in grant awards from President Biden’s Investing in America agenda to help States, Tribal Nations, local governments and non-profit organizations assess and clean up polluted brownfield sites across the country.

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Downtown Retail Incentive Program Announces First Group of Awardees

Greater St. Louis, Inc. and St. Louis Development Corporation today announced the first group of businesses receiving grants through the Downtown Retail Incentive Program – a recently formed partnership between the two organizations focused on attracting new businesses and increasing street-level vibrancy in Downtown St. Louis.

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