News & Media
Judge Clears Path for SLDC Development Board to Acquire Railway Exchange Building
On Friday, a City of St. Louis judge allowed the St. Louis Development Corporation’s (SLDC) Land Clearance for Redevelopment Authority (LCRA) to condemn and take possession of the Railway Exchange Building and adjacent parking garage through eminent domain.
Law Firm Expansion Continues Redevelopment Success Along Delmar
A Central West End-based law firm is expanding to a larger space on Delmar Blvd–continuing the momentum of vacant, dilapidated buildings being redeveloped.
On Thursday, the St. Louis Development Corporation’s (SLDC) Board of Directors unanimously approved up to $5 million in New Markets Tax Credits for Stock Legal to move to 4709 Delmar Blvd, which is just at the edge of the Central West End neighborhood.
Arts & Entertainment Facility Coming to Downtown West Neighborhood
An arts foundation is planning to build an arts and entertainment facility in St. Louis’ Downtown West neighborhood.
On Thursday, the St. Louis Development Corporation (SLDC) Board of Directors approved $5 million in New Markets Tax Credits to develop Delmar Stage and Studios at 2233 Delmar Blvd. A project totaling $6.25 million.
SLDC Announces Bylaws Change and Appointment of New Board Member
Board members of the St. Louis Development Corporation (SLDC) voted this morning to approve an amendment to its bylaws creating a succession plan to address vacancies for ex-officio members.
Independent Audit Highlights SLDC’s Successes & Improvements on North City Grant Process
An independent audit initiated by the St. Louis Development Corporation (SLDC) showed the North City Grant Program application process is largely fair, consistent and meets all federal guidelines and local requirements.
Global Company Adds to North St. Louis Advanced Manufacturing Footprint
ICL Group LTD (ICL), an international company specializing in sustainable agriculture and industrial production, is expanding to North St. Louis.
Downtown Momentum Continues as 7th Street Revitalization Project Gets Underway
Traffic cones have gone down and old sidewalks are coming up as construction work has begun on the project to connect two major Downtown anchors with a new-look 7th Street between Ballpark Village and America’s Center on Washington Avenue.
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.
SLDC Announces 2024 Mayor’s Celebration of Businesses Honorees
On October 4, 2024, Mayor Tishaura O. Jones and St. Louis Development Corporation (SLDC) will host the 2024 Mayor’s Celebration of Businesses Luncheon.
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.
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.
Gateway Arch Park Foundation to purchase Millennium Hotel site
St. Louis-based nonprofit Gateway Arch Park Foundation (“The Foundation”) announced today that it is under contract for the purchase of the Millennium Hotel property, located at 200 S. 4th St.
GSL & SLDC Report to Mayor Jones: Not Just Developing a Plan to Address the Future of Railway Exchange, Millennium Hotel, “We’re Already Taking Bold Action”
Greater St. Louis, Inc., St. Louis Development Corporation deliver “120-Day Report” on plan to deal with major vacant Downtown properties
SLDC Approves $30 Million+ in Grant Awards to 295 North St. Louis Small Businesses and Non-Profits
Today, the St. Louis Development Corporation’s Board of Directors authorized the award of $30,197,909 to 295 businesses eligible to receive funding through the North St. Louis Small Business and Non-Profit Grant Program.
SLDC Approves Six Mortgage Lenders, Begins Accepting Reservations for HomeSTL Homebuyer Assistance Program
Today, the economic development organization welcomes the first six (6) mortgage lenders into the HomeSTL program, which offers homebuyer assistance up to $50,000 in the form of a forgivable loan with zero percent interest and no monthly payments for up to 15 years.
MWBE Certification Program Transitions to SLDC
St. Louis Development Corporation to Begin Administering Minority- and Women-Owned Business Enterprise (MWBE) Certification Program for St. Louis Region on August 30, 2024, Pauses Acceptance of New Applications During Transition from St. Louis Lambert Airport
Innovative Pilot Program to Construct Affordable, Sustainable Housing in the City of St. Louis Launching Soon
Development Agencies to Release Request for Qualifications (RFQ) Seeking Progressive Design-Build Services in Late June
Elevate Gateway Mall as St. Louis Metro’s “Central Social District,”says New Report from Urban Land Institute
To strengthen the work underway to make Downtown St. Louis safe, vibrant, and beautiful, the Gateway Mall --- the continuous stretch of green space anchored by the Gateway Arch on the east and CITYPARK Stadium on the west, bound by Market Street on the south and Chestnut on the north --- should be elevated as the metro’s “central social district” and a spine for Downtown’s cultural economy, according to a new report from leading national land use organization the Urban Land Institute.
St. Louis Development Corporation Welcomes Stephanie Grise as EVP, Chief Operating Officer
St. Louis Development Corporation (SLDC) is pleased to welcome experienced lawyer, equitable strategist, people leader and process builder, Stephanie Grise, JD, MBA as its first-ever EVP, Chief Operating Officer.