Arts and Entertainment Facility Coming to Downtown West Neighborhood
ST. LOUIS - An arts foundation is planning to build and arts and entertainment facility in St. Louis' Downtown West neighborhood. On Thursday, the St. Louis Development Corporation (SLDC) Board of Directors approved $5 million in New Markets Tax Credits to develop Delmar Stage and Studios at 2233 Delmar Blvd. A project totaling $6.25 million. In the coming months, the current tenant in the space will vacate, allowing the Kranzberg Arts Foundation (KAF) to buy the property and develop the building. KAF intends to lease the property to Logic Systems Holdings, which owns an audio, lighting, and video production company based in Valley Park, Missouri. Logic Systems Holdings will relocate roughly 150 employees to the City of St. Louis, including up to 100 more part-time employees depending on the season. Future phases and plans include new stages for film, television, and music. KAF will embed its workforce development program in the facility as well. “This is a transformative
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