Photos courtesy of (clockwise from top left) HOK Sports, Nicole Lunger/Missouri Business Alert, and Corporate Woods

Morning Minutes: St. Louis stadium gets tax breaks, Corporate Woods hits market



Photos courtesy of (clockwise from top left) HOK Sports, Nicole Lunger/Missouri Business Alert, and Corporate Woods
Photos courtesy of (clockwise from top left) HOK Sports, Nicole Lunger/Missouri Business Alert, and Corporate Woods

Here are this morning’s top business headlines from across Missouri:

St. Louis stadium gets $15 million in tax credits, lawmakers continue fight

The Missouri Development Finance Board on Tuesday approved $15 million in tax credits to help fund the proposed riverfront football stadium in St. Louis. It’s the first step toward $50 million in tax credits over three years for the nearly $1 billion stadium project, which is aimed at keeping the Rams in St. Louis. Read more

KC-area office park Corporate Woods up for sale

Corporate Woods, long considered one of the top office park properties in the Kansas City metro area, is on the market, and some observers expect it to fetch more than $300 million. Read more

Sprint will drop two-year contracts and switch to leasing smartphones

Sprint is abandoning two-year smartphone contracts, said chief executive Marcelo Claure, the latest move by the Overland Park wireless company in its quest to sign up more customers. Read more

Engineering firm Geotechnology announces acquisition

Geotechnology Inc., a Maryland Heights-based environmental engineering firm, has acquired the assets of Erlanger, Kentucky-based Thelen Associates as part of a strategic plan to grow geographically. Read more

SunEdison sells $650 million in preferred stock

SunEdison is selling $650 million worth of preferred stock as the Maryland Heights-based solar power company seeks to boost financing for its projects. Read more

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