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.

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.

On September 24, SLDC's President & CEO, Neal Richardson appeared in front of the HUDZ Committee to address concerns about the perceived lack of transparency and integrity surrounding the North St. Louis Small Business & Non-Profit Grant Program. 

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.

Greater St. Louis, Inc., St. Louis Development Corporation deliver “120-Day Report” on plan to deal with major vacant Downtown properties

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.

On July 27, SLDC was proud to partner with the City of St. Louis, Regional Business Council (RBC), Urban League of Metropolitan St. Louis & many others for Clean Up Build Up at Peace Park in the College Hill Neighborhood.

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.

In June, SLDC was proud to again co-sponsor the Yeah, I Built That Summer Showcase with Construction Forum and SLATE.

In April 2024, the St. Louis Development Corporation (SLDC) hosted Dialogues for Urban Change, a global network comprised of three German cities — Munich, Berlin and Frankfurt — and three American cities — Seattle, Atlanta and St. Louis.

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.

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.

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

Development Agencies to Release Request for Qualifications (RFQ) Seeking Progressive Design-Build Services in Late June

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 (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.

To ensure the public has access to training regarding the requirements and policies that govern redevelopment agreements, SLDC — the economic development agency that staffs various development boards in the City of St. Louis — has created a training video as required by Ordinance 71620 (Board Bill 64).

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.

Earlier this year, SLDC engaged an urban planning and geospatial design firm, Houseal Lavigne, to develop a hyper-local digital twin of the MLK Corridor, which has been identified as a priority demonstration area in the Economic Justice Action Plan.

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.