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Old ammunition plant in north STL eligible for state tax credits

By AP/KWMU

Jefferson City, MO – An effort to do something with the site of an old Army ammunition plant near I-70 and Goodfellow in north St. Louis got a boost yesterday.

The state is now making $22 million in tax credits available to whoever takes on the project to re-develop the site. The area needs, among other things, to be cleaned of asbestos and lead-based paint.

The governor's office said Tuesday that turning the plant into a retail, restaurant and commercial space could net nearly 200 new jobs.

The vacant site operated from 1941 to 1989.

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