A proposal to build a new NFL stadium in St. Louis received its first clearance for tax credits—$15 million from the Missouri Development Finance Board. Additional requests for $17.5 million will follow in 2016 and 2017.
"The Missouri Development Finance Board on Tuesday approved $15 million in tax credits this year for the proposed riverfront football stadium in St. Louis," report David Hunn and Alex Stuckly. "It is the first step toward $50 million from the agency over three years."
Board Chairwoman Marie Carmichael has made assurances that the investment is protected, and that the credits won't be issued unless "all the ducks are in order."
The Dome authority, a public entity that owns the Edward Jones Dome where the St. Louis Rams currently play, sought the tax credits in July. "The Dome authority, under direction from Nixon's stadium task force, is funding plans to build the $998 million arena. They have proposed to pay for construction with $450 million from the National Football League and team, $201 million in bond proceeds from the state and the city of St. Louis, $160 million from the sale of seat licenses and $187 million in tax credits, according to the state application."
FULL STORY: $15 million in tax credits approved for St. Louis riverfront stadium
A Positive Fiscal and Land Use Analysis for St. Louis Riverfront Stadium Plans
A group of business students completed an analysis finding reasons to support a proposal to build an NFL stadium on the riverfront in St. Louis.
Lawsuit Takes Issue With Bond Financing for NFL Stadium Plan in St. Louis
A lawsuit filed by Missouri state legislators finds fault with a plan to extend bond funding from the city's last NFL stadium project to help finance a new $985 million stadium located north of downtown along the city's waterfront.
With the Rams Departing—What Next for St. Louis?
The St. Louis Rams will become the Los Angeles Rams. What now becomes of the city of St. Louis?
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?
As Canada votes for a new Prime Minister, what can America learn from the leading liberal candidate of its neighbor to the north?
The Five Most-Changed American Cities
A ranking of population change, home values, and jobs highlights the nation’s most dynamic and most stagnant regions.
‘Quality Work, Fast’: NC Gears up for Homebuilding After Helene, Trying to Avoid Past Pitfalls
The state will field bids to demolish, repair and rebuild homes in the mountains. After struggles in eastern NC, officials aim to chart a different course.
Washington State’s Parking Reform Law Could Unlock ‘Countless’ Acres for New Housing
A law that limits how much parking cities can require for residential amd commercial developments could lead to a construction boom.
Wildlife Rebounds After the Eaton Fire
Following the devastation of the Eaton Fire, the return of wildlife and the regrowth of native plants are offering powerful signs of resilience and renewal.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Central Transportation Planning Staff/Boston Region MPO
Heyer Gruel & Associates PA
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Regional Transportation Commission of Southern Nevada
Toledo-Lucas County Plan Commissions