St. Louis To Approve Tax Break For Downtown Building’s Redevelopment

The St. Louis Board of Aldermen is expected to pass a bill Friday that will provide $4 million in Tax Increment Financing to redevelop the Chemical Building downtown. An alderwoman sponsoring the bill said LandWhite Developers LLC plans to spend $33 million to turn the 167,000-square-foot Chemical Building into 7,000 square feet of street-level retail and 120 apartments.

Read more in the St. Louis Business Journal


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