An $18 million senior housing development proposed in Bevo Mill will move forward after the developers were awarded subsidies by a state board, after five years of efforts to secure them.
The project is part of the $50 million investment the company said it would make in its St. Louis campus, located in the city’s Soulard neighborhood, earlier this year.
After severing ties last year with its long-standing lobbyist, one of St. Louis’ largest companies has hired a new firm to advocate on its behalf in Jefferson City.
A study commissioned by the developer of a planned trail system linking St. Louis neighborhoods said it would produce $462 million in economic activity over a more than decade-long construction phase, supporting $178 million in labor income.
The new facility will be located on Ranken Technical College’s Wentzville campus and is slated to annually provide 350 tons of “low-cost, low-carbon hydrogen for local users.”
At an investors day event held Friday at the New York Stock Exchange, the Clayton-based managed care giant reaffirmed its 2022 total revenue guidance, as executives spoke of geographic expansion and other growth opportunities.
The Missouri Housing Development Commission has approved millions of dollars worth of federal and state tax credits and other subsidies to help develop 674 units in the St. Louis area.
Kenton Klein’s decision to become a fourth-generation owner of St. Louis steel fabrication company Atlas Iron Works wasn’t part of a succession plan.
As his father, Dick Klein, ran Atlas as the third-generation owner, Kenton Klein forged his own entrepreneurial path, launching and operating IT company Healthy PC. But in recent years, as Dick Klein approached retirement, Kenton Klein says his “heartstrings started pulling” as he considered the future of the century-old firm.
Today, Klein…
The cities of St. Louis and O’Fallon, Missouri, are considering a 3% sales tax on recreational marijuana, that’s in addition to the state's 6%.
St. Louis Ward 12 Alderman Bill Stephens said the money from the sales tax would go into the general fund.
"I think we're all aware of the declining population of the city. That means a shrinking tax base. So I think in a lot of ways, this 3% tax could absolutely be a much-needed lifeline for the city's operations,” Stephens said.
If the Board of…
As the movie was shown that long-ago evening, I drank in every scene. I was captivated by the idea of disregarding hopelessness and simply dwelling upon what did go right.
The second phase of a nonprofit’s new $40 million north St. Louis campus, which will add more apartments targeted to the homeless population, has received preliminary approval from a city board for tax incentives.
An Edwardsville BBQ joint is set to close at the end of the year, as rising labor and food cost have made operation unsustainable. But, the owners plan to introduce a new restaurant and cocktail concept in its place.
Bayer AG will pay Oregon $698 million to settle a lawsuit alleging Monsanto Co. polluted the state with polychlorinated biphenyls, or PCBs, Oregon's attorney general said Thursday.
The Financial Industry Regulatory Authority Inc. on Tuesday fined Edward Jones $1.1 million for mishandling phone records Finra was seeking in inquiries.
So far, Centene has reached settlements that have been announced by at least 12 states, requiring the nation's largest Medicaid managed care provider to make about $552.4 million in payments. Centene last year set aside $1.1 billion to resolve allegations from states.
The city of St. Louis is pursuing the maximum amount of tax incentives possible for a developer seeking to convert a long-closed school in north St. Louis into apartments.