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HRIF Awarded $30 Million for New Markets Tax Credits

1 month 2 weeks ago
Heartland Regional Investment Fund, LLC (HRIF), a subsidiary of St. Louis Economic Development Partnership (STL Partnership), was recently awarded $30 million in New Markets Tax Credits (NMTC) through the U.S. Department of the Treasury Community Development Financial Institutions Funds (CDFI Fund). Through the NMTC Program, the CDFI Fund allocates tax credit authority to Community Development […]
Kacey Crawley

Clayton Neighbors Complain of ‘Incomplete’ Look at New Office Development

1 month 2 weeks ago
From St. Louis Business Journal:  Owners in a Clayton condominium building contend that the $250 million office tower complex next to them isn’t finished. Residents of the Maryland Walk condominiums, at 8025 Maryland Ave., sent a letter earlier this year to US Capital Development, the Clayton-based developer of the downtown Clayton office tower development previously […]
Kacey Crawley

Big Burgers to Raise Funds for Tiny Homes to Help Veterans

1 month 2 weeks ago
From West Newsmagazine:  When the inaugural Burgerfest kicks off at The District in Chesterfield on Oct. 27, organizers are hoping the event will yield big results in the form of tiny houses. Funds raised during the Burgerfest will support the local nonprofit Veterans Community Project (VPC)’s tiny house village, which aims to provide St. Louis’s […]
Kacey Crawley

A Fifth of Construction Workers Lack Permanent Legal Status. Can Next President Change That?

1 month 2 weeks ago
From Construction Dive:  Construction has an open secret when it comes to the number of workers lacking permanent legal status on jobsites. Immigrants entering the country illegally make up about 23% of the construction laborer workforce in the United States, according to a 2021 report from the Center for American Progress. A Pew Research Center […]
Kacey Crawley

SPACE’s Tom and Shelley Niemeier Opine on Restaurant Design

1 month 2 weeks ago
From St. Louis Magazine:  Two decades ago, Tom Niemeier forged his own path in the field of architecture, launching SPACE as a small firm that became the go-to partner for design-conscious restaurateurs. Now, together with Shelley, his partner in life and business, the Niemeiers are preparing to take the next step in SPACE’s journey: They […]
Kacey Crawley

Clayton Bank Sues Green Street. Foreclosure Looms at the Armory.

1 month 2 weeks ago
From St. Louis Today:  The lender for the now-closed Armory entertainment venue in St. Louis is suing owner Green Street, alleging the development company owes the bank $24 million. A foreclosure could be next. The lawsuit from Peoples National Bank is the latest legal battle before Green Street, which owes over $1 million in real […]
Kacey Crawley

New Subdivision Proposed Along Mexico Road

1 month 2 weeks ago
From MRN:  The Kathleen Lask Trust owns 27 agricultural-zoned acres at 8265 Mexico Road, south and across from Barrington Drive, about a half mile east of the Lowe’s Home Improvement store. The property is currently used as farmland and has multiple outbuildings. McKelvey Homes has proposed rezoning the property from Agricultural to R-1/PUD (Planned Unit […]
Kacey Crawley

Bone-Like Concrete Developed by Researchers is Lighter and Tougher

1 month 2 weeks ago
From Princeton University: Inspired by the architecture of human bone’s tough outer layer, engineers at Princeton have developed a cement-based material that is 5.6 times more damage-resistant than standard counterparts. The bio-inspired design allows the material to resist cracking and avoid sudden failure, unlike conventional, brittle cement-based counterparts. In a Sept. 10 article in the […]
Tom Finan

IMPACT Strategies Completes Construction of New BJC Parkland Health Center Primary Care Clinic in Farmington

1 month 2 weeks ago
IMPACT Strategies has completed construction on the new Parkland Health Center Primary Care Clinic in Farmington, Missouri on the northeast corner of the hospital campus at 1106 Hazel Lane. Primary care providers plan to start transitioning into the new two-story 34,000 square foot building on October 7. Parkland Health Center currently offers comprehensive healthcare services […]
Dede Hance

S. M. Wilson & Co. Announces Company-Wide New Hires

1 month 2 weeks ago
S. M. Wilson & Co., a St. Louis-based construction management and general contracting firm, has welcomed several new hires. “S. M. Wilson is continuously seeking outstanding talent who will become a part of our team and go Beyond The Build by putting our clients first and leading with excellence,” said Mike Yazbec, President of S. […]
Dede Hance

VIDEOS: Wellston Industrial Sites Offered for Development By STL Partnership

1 month 2 weeks ago
Two large industrial properties in Wellston, which have spent decades unused and which were once at the center of major scandal involving former St. Louis County Executive Steve Stenger, are now offered for development. The Land Clearance for Redevelopment Authority (LCRA) of the County of St. Louis, managed by the St. Louis Economic Development Partnership […]
Tom Finan

Alberici Corp. Announces George Franco as Chief Innovation Officer

1 month 2 weeks ago
Alberici Corp. has appointed George Franco as chief innovation officer In this role, Franco will foster a culture of creativity and strategic problem-solving, advancing innovation strategies that address today’s construction challenges while positioning Alberici for long-term success in an evolving industry. Franco brings nearly 20 years of experience driving innovation in construction, where he has […]
Dede Hance

Worker Wellness Blog: My Recent Trip to Washington, DC

1 month 2 weeks ago
by Dr. John Gaal Editor’s Note: Each week, Dr. John Gaal, director of worker wellness for the Missouri Works Initiative, a non-profit workforce formed by the Missouri AFL-CIO, collects and comments on news and trends in workforce wellness and life balance. Construction Forum carries the Worker Wellness & Well-Being Blog as a regular feature. The […]
Dede Hance

Construction Input Prices Tick Down on Lower Energy Costs

1 month 2 weeks ago
From Construction Dive:  Construction input prices decreased 0.9% in September due to dips in two of three energy subcategories, according to an analysis by Associated Builders and Contractors. The drop reflects the trend of overall material price stabilization over the past 12 months. Construction input prices are 1.9% lower than a year ago, while nonresidential […]
Kacey Crawley

Big Community Bank to Open Fifth Branch in St. Charles County

1 month 2 weeks ago
From St. Louis Business Journal:  Nearly two decades after buying a two-acre parcel in Wentzville, Central Bank of St. Louis is deploying the asset. The bank is currently constructing its newest branch at 2 Old Williamsburg Parkway at the corner of Wentzville Parkway, marking its fifth in high-growth St. Charles County and 17th in the […]
Kacey Crawley

FleishmanHillard to Leave Downtown St. Louis After 70 Years

1 month 2 weeks ago
From St. Louis Post-Dispatch:  Global public relations firm FleishmanHillard is leaving its longtime headquarters in downtown St. Louis for smaller offices in Clayton. The agency has spent 70 years downtown and nearly 40 at the St. Louis Place Building at Pine Street and North Broadway, where it has occupied the top four floors as one […]
Kacey Crawley

Construction Inclusion Weeks Turns 4 with DEI Under Fire

1 month 2 weeks ago
From Construction Dive:  The fourth annual Construction Inclusion Week, a grassroots event conceived by industry leaders to combat hate on jobsites, kicks off Monday, Oct. 14 amid a renewed push to draw workers from a variety of backgrounds into the sector. With 41% of the current construction workforce planning to retire by 2031, creating an […]
Kacey Crawley