St. Louis, Missouri’s Economic Justice Action Plan is an ambitious and cross-cutting strategy for promoting economic recovery.

The SLDC team presented its new development process to the Housing, Urban Development and Zoning (HUDZ) Committee.

SLDC's President & CEO, Neal Richardson, recently sat down with Jolena Presti, managing director of Baker Tilly's public sector advisory practice who penned an article on the innovative approach St. Louis is taking to evaluate incentives for economic development projects, prioritizing community benefits.

SLDC and partner agency, Community Development Administration (CDA), announced that the U.S. Environmental Protection Agency has selected the City of St. Louis for a Brownfields Assessment Grant.

To support the Ronald McDonald Charities of St. Louis’ $30 million construction of a new Ronald McDonald House, in April, the SLDC board of directors voted to allocate up to $6 million in New Markets Tax Credits to the project.

In April, the SLDC Board of Directors authorized the allocation of $7 million of New Markets Tax Credits (NMTC) to benefit the St. Louis Symphony’s new, 3,660-square foot Education and Learning Center, which is attached to the larger Powell Hall expansion project.

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.

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.

This morning, SLDC’s President & CEO Neal Richardson was honored to join Mayor Tishaura O. Jones and U.S. Bank (USB) to celebrate the groundbreaking on Tabernacle Community Development Corporation’s (TCDC) Hebert Homes Project, which will bring 26 new affordable for-sale housing units to the Jeff-Vander-Lou (JVL) Neighborhood.

Want to lead the future of economic development in the City? Bring Your talent and expertise and innovation to a SLDC board.

SLDC Moves Economic Justice Action Plan Forward, Accepts $1 Million Grant from Mastercard Impact Fund

Creative Touch Barber and Beauty Salon is a 22-year-old establishment owned by Keith Jefferson. Affectionately known as KJ to his customers, Jefferson is not just a business owner; he's always giving back to the community. He contributes with school uniforms, school supplies, CPR classes, Cancer and Stroke awareness education, and cares for needy families during the holidays.

Grace Meat + Three was founded in 2017 by Rick Lewis as a counter-service restaurant offering a unique blend of refined Southern American food and hospitality. This popular restaurant combines the name God’s grace with traditional Southern meat and three sides dinner.

In 2014, Paul Whitsitt and David Rodgers followed their dream to open Kitchen House Coffee in St. Louis City’s Tower Grove East Neighborhood. The coffee shop would become an extension of their Kitchen House Farm operation, providing eggs, fruits, vegetables and honey to the community, and later incorporating them into the Coffee House’s menu.

There is potential all around the city of St. Louis for developments to help recreate a lively downtown.

To support neighborhood capacity building and further activate the Neighborhood Transformation Pillar of its Economic Justice Action Plan, St. Louis Development Corporation (SLDC) is excited to introduce its new Neighborhood Managers Team.

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.

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.

This week, Advantes Group announced its progress on several redevelopment projects on Laclede’s Landing. Advantes acknowledged the redevelopment would have been possible without the assistance of St. Louis Development Corporation.

St. Louis Development Corporation (SLDC) is hosting a public Open House on Wednesday, February 1, 2023, from 4 to 6:30 p.m. at the Polish Heritage Center (1413 N. 20th Street, St. Louis, MO 63106).