The original article comes from the St. Louis Post-Dispatch on June, 25, 2024
Two proposed projects moved forward Tuesday after a St. Louis development board signed off on tax incentives.
The board of the Land Clearance for Redevelopment Authority, which handles tax incentives for the city of St. Louis, approved bonds for sales tax exemptions on construction materials for a $1.2 billion project to remake the area just south of the Gateway Arch, and also on a dual-branded hotel project in Midtown.
The riverfront project, Gateway South, is a multiphase development that aims to create a mixed-use district with residential, office and industrial space for the construction industry.
