News & Media

Press Releases St Louis Development Corp Press Releases St Louis Development Corp

LCRA to Consider Adopting Community-Led Redevelopment Plan to Address Blighting in North St. Louis Neighborhoods

On November 1, a community-led Redevelopment Plan for approximately 850 acres in portions of the Carr Square, JeffVanderLou and St. Louis Place Neighborhoods will be presented to the Land Clearance for Redevelopment Authority of the City of St. Louis (LCRA) — a development board staffed by the St. Louis Development Corporation (SLDC).

Read More
Press Releases St Louis Development Corp Press Releases St Louis Development Corp

Land Clearance for Redevelopment Authority of the City of St. Louis Acquires Prominent Properties on Martin Luther King Drive for World-Class Workforce Development Hub in the Heart of North City

Earlier this week, the Land Clearance for Redevelopment Authority of the City of St. Louis (LCRA) closed on its acquisition of a building and 29 vacant parcels at 3940 Dr. Martin Luther King Drive in St. Louis, Mo.

Read More
Press Releases St Louis Development Corp Press Releases St Louis Development Corp

State Awards $2.5 Million Grant to City of St. Louis to Help Redevelop Industrial Site Near St. Louis Lambert International Airport

St. Louis, Mo. (May 5, 2023) – The Missouri Department of Economic Development has awarded a $2.5 million grant to the City of St. Louis, administered by the city’s Community Development Administration, that will support the redevelopment of a 106-acre industrial site adjacent to Lambert St. Louis International Airport. With the grant, the site, called the Brownleigh Site, can be redeveloped for future advanced manufacturing opportunities.

Read More
Press Releases St Louis Development Corp Press Releases St Louis Development Corp

SLDC Allocates $10 Million of New Markets Tax Credits to Redevelop and Expand Urban League’s Headquarters

Last night, at the Urban League of Metropolitan Saint Louis’ 105th Annual Dinner, Mayor Tishaura O. Jones and SLDC President & CEO, presented the organization with a check to represent its allocation of $10 million of New Markets Tax Credits (NMTC) to the redevelopment and expansion of the Urban League’s Headquarters at the corner of Kingshighway Blvd. and Dr. MLK Drive.

Read More
Press Releases St Louis Development Corp Press Releases St Louis Development Corp

LRA Commission Adopts New Sales Policies Aligned with SLDC’s Economic Justice Action Plan 

Yesterday, the Land Reutilization Authority (LRA) of the City of St. Louis, Mo., Board of Commissioners — a development board staffed by St. Louis Development Corporation (SLDC) that has the authority to manage, maintain, market and sell agency-owned vacant and abandoned buildings and property in the City of St. Louis — adopted new sales policies to enhance economic empowerment, equitable and inclusive development and neighborhood transformation in conjunction with the Economic Justice Action Plan.

Read More
Press Releases St Louis Development Corp Press Releases St Louis Development Corp

St. Louis Development Corporation Launches Online Portal for Small Businesses and Entrepreneurs 

In conjunction with the opening of the Northside Economic Empowerment Center (NEEC), the Minority & Small Business Empowerment team at St. Louis Development Corporation (SLDC) launched its Back Office Support System (BOSS) Portal — a streamlined, tech-enabled system designed to build a community of small businesses throughout the City of St. Louis, especially North City.

Read More
Press Releases St Louis Development Corp Press Releases St Louis Development Corp

Mayor Jones and SLDC Commemorate Opening of the Northside Economic Empowerment Center, Signing of $93 Million Economic Justice Act for Disinvested Communities 

Mayor Tishaura O. Jones and St. Louis Development Corporation (SLDC) — along with representatives from St. Louis Public Schools, the Sumner High School Advisory Board and other community partners — celebrated the grand opening of the Northside Economic Empowerment Center (NEEC) with a ribbon cutting ceremony and the signing of the Economic Justice Act (BB125).

Read More
Press Releases St Louis Development Corp Press Releases St Louis Development Corp

SLDC Board of Directors Takes Action to Deploy New Markets Tax Credits into its Housing Access and Neighborhood Stabilization Revolving Loan Fund

Yesterday, the SLDC Board of Directors authorized Habitat for Humanity St. Louis and Tabernacle Community Development Corporation (TCDC) to participate in constructing affordable for-sale housing through the Housing Access and Neighborhood Stabilization Revolving Loan Fund.

Read More
Press Releases St Louis Development Corp Press Releases St Louis Development Corp

Confluence Food Group Expands, Invests in North St. Louis

Confluence Food Group, a holding company that owns three St. Louis food service businesses, has completed its expansion of a new facility in St. Louis, investing $6.3 million and creating 17 new jobs. To support its growth, the company relocated from its 24,000-square-foot location at North Broadway to its new 113,000-square-foot facility on Garfield Avenue in the JeffVanderLou neighborhood.

Read More