A logistics park in Fenton, expected to attract $382 million in investment, will move forward with $50 million in tax increment financing.
"A redevelopment of the old Chrysler assembly plant site advanced a step Wednesday after the St. Louis County Tax Increment Financing Commission recommended that the St. Louis County Council approve more than $50 million in incentives for the project," reports Jacob Barker.
The vote allows "Clayton-based KP Development to turn the site just off of Interstate 44 into the Fenton Logistics Park." The proposal calls for nearly 2 million square feet for office, industrial, and warehouse uses, in addition to two hotels, restaurants, and retail.
The plant has been closed since it ceased manufacturing of the Dodge Ram pickup truck in 2009.
FULL STORY: St. Louis County panel endorses $51.6 million TIF for Fenton Chrysler redevelopment
A Bronx Community Fights to Have its Voice Heard
After organizing and giving input for decades, the community around the Kingsbridge Armory might actually see it redeveloped — and they want to continue to have a say in how it goes.
Minnesota Seeks State Support for Office Conversions
The 30% “CUB credit” would support the conversion of buildings 15 years or older into any use that “will return that vacant area to an income-producing, habitable condition.”
Community-Led Efforts to Combat Gentrification in Philadelphia’s University City
How residents came together to fight for housing equity.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
The 120 Year Old Tiny Home Villages That Sheltered San Francisco’s Earthquake Refugees
More than a century ago, San Francisco mobilized to house thousands of residents displaced by the 1906 earthquake. Could their strategy offer a model for the present?
Missouri Law Would Ban Protections for Housing Voucher Users
A state law seeks to overturn source-of-income discrimination bans passed by several Missouri cities.
Op-Ed: Looking for Efficiency? Fund Intercity Buses
Much less expensive than rail, intercity buses serve millions of Americans every year, but public subsidies are lacking.
Philadelphia Councilmember Proposes Transit Access Fund
The plan would allocate 0.5 percent of the general fund toward mobility subsidies for low-income households.
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