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City of St. Louis, Business Community Establish Public-Private Partnership to Focus on Accelerating the Revitalization of Downtown

With a focus on accelerating efforts to make Downtown St. Louis “safe, vibrant, and beautiful,” leaders from the City of St. Louis and the metro’s business community came together today to announce the establishment of a public-private partnership that will focus on accelerating the work needed to revitalize the heart of the metro.

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SLDC Statement on Wall Street Journal Article About Downtown St. Louis

As the economic development agency serving the City of St. Louis, SLDC is bullish about the future of Downtown. While we understand there are layers of disinvestment that are not going to be reversed overnight, SLDC is committed to continuing to invest in making our downtown a more vibrant epicenter for businesses, residents and visitors.

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New Incentives Launched to Attract Retail Businesses to Downtown

New pop-up shops with local vendors selling handmade items. Families enjoying dinner in new outdoor seating outside local restaurants. A major national retail chain opening their first store. These are the types of things Downtown residents, workers, and visitors will see as a result of new incentives Greater St. Louis, Inc. and the St. Louis Development Corporation have partnered on to attract retail businesses to Downtown St. Louis.

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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).

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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.

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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.

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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.

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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.

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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.

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