St. Louis Development Corporation

The St. Louis Development Corporation began directing federal coronavirus relief funds to small businesses in April 2022. The program is now complete, with funds going to 900 recipients across St. Louis.

Aldermen will go on break on Friday for the campaign season. The 2022-23 legislative session ends April 17.

The plan is already targeting development and investment in Dutchtown, the area around the new NGA headquarters, Walnut Park and Martin Luther King Boulevard.

The potential project could bring the city’s first marina to the north St. Louis riverfront. It would also add a hotel, waterpark and indoor trampoline park to a 70-acre plot of land north of Interstate 270, just within city limits.

The agency’s budget boosts spending by more than 40% compared to last year. The largest increases are in personnel and consulting contracts.

The St. Louis Development Corporation is on the lookout for a consultant that can help improve its internal workings. That's weeks after a federal grand jury indicted a St. Louis alderman for allegedly pressuring agency staff to sell property to a businessman in exchange for a bribe.

The St. Louis Development Corporation has been selected to join a national effort to examine racial inequity in development. Development corporation leaders say they aim to spur economic growth in long-neglected communities.

A survey housed on the city’s website asks residents to share what they’d like to see out of the action plan. It will be available until the end of the month.

A wave of new city leaders are hoping to change the way the city uses tax incentives to do business with developers.

Neal Richardson has worked in economic and community development over the past 14 years, both at U.S. Bank and the organization he co-founded, Dream Builders 4 Equity.