From St. Louis Business Journal:Â Developers have lined up financing for an anticipated $3 billion in future development in the 216-acre area that includes Chesterfield Mall, but would not be able to build the projects without an estimated $300 million in tax-increment financing, according to redevelopment plans released by the city. The Chesterfield TIF Commission […]
In the latest round of allocations announced by the U.S. Treasury Department on Friday, St. Louis Development Corporation (SLDC) was selected to receive $50 million in federal New Markets Tax Credits (NMTC) to assist local development projects. Since 2004, SLDC has been awarded 12 allocations totaling an incredible $543 million in tax credit authority. “This […]
Christie Brinkman, director, design-build at Castle Contracting, LLC, has been recognized by two national publications for her outstanding leadership across the local A/E/C industry and broader St. Louis community. Building Design + Construction selected Brinkman for its “40 Under 40” list of achievers for 2022, and Engineering News-Record has included her on the ENR Midwest […]
Monday (Oct. 31) Greater St. Louis, Inc. circulated a white paper to members of the Regional Convention and Sports Complex Authority Commissioners and the leadership of St. Louis City and County. The document benchmarked potential methodologies for stewarding the $541M in funds realized from the record legal settlement with the St. Louis Rams and the […]
IMPACT Strategies has added two new staff members at its Fairview Heights, IL headquarters: Melissa Rogers as Senior Accountant, and Debbie Nelson as Office Administrator. Melissa Rogers holds a master’s degree in accountancy from Southern Illinois University-Edwardsville and a bachelor’s degree in accounting from the University of Arkansas. Prior to joining IMPACT Strategies, Rogers worked […]
From Rethinking The Future:Â A client invests in their project/s, but what if coordination problems with architects, engineers, consultants, and others occur? Who will help to fill the void that is coordination? A construction manager will be the bridge, and a Construction Management career is a correct path to follow. From the making of the pyramids […]
From Industry Week:Â The skilled trades have been in a state of crisis for close to a decade, and this has been exacerbated by the Covid-19 pandemic. Only 70 out of 100 positions are being filled, translating into 2.4 million unfilled positions in manufacturing and an estimated $2.5 trillion of lost economic value over the past […]
From Re- Journal:Â Rising interest rates, soaring materials costs and the impact of inflation dominated much of the discussion during the 5th annual St. Louis Commercial Real Estate Summit held Oct. 20 at the Hilton St. Louis Frontenac by REjournals. The event featured the top names in the St. Louis commercial real estate market, all of […]
From Ladue News: In August, the Foundation for Strengthening Families unveiled its plan to completely overhaul St. Louis’s West End neighborhood with the construction of a multibuilding, multimillion-dollar project. Dubbed the Show Me Family Zone, the effort will introduce programming and other services that are designed not only to rebuild the area but also to re-imagine […]
From St. Louis Business Journal: Construction is underway on the $200 million redevelopment of the former MetLife office campus in south St. Louis County, with a homebuilder selected to erect the first single-family houses at the site. First announced last year by St. Charles-based developer Propper Construction Services, the Tesson Ridge development at 13045 Tesson Ferry Road in unincorporated […]
From Rethinking The Future:Â Since the 19th century and until today, architecture continues to evolve. New currents and new styles have resulted in a relative evolution and immense development in construction techniques, which themselves have been achieved by the development of new materials. The Industrial Revolution These material innovations begin with the Industrial Revolution towards the […]
From St. Louis Business Journal:Â Two St. Louis-based developers are proposing a $300 million family resort and entertainment district at Lake of the Ozarks that could serve as a tourist attraction with amusement rides and a 200-foot-tall observation wheel. Des Peres-based SkyView Partners and Tegethoff Development submitted plans Thursday to the city of Osage Beach for […]
From FOX2now: More than a dozen original crew members involved with the construction of the Gateway Arch gathered Saturday morning in St. Louis. The so-called “Arch builders” signed autographs and shared stories of the Gateway Arch, celebrating 57 years since the final touches of the largest U.S. manmade monument. On Oct. 28, 1965, crews added a 10-ton centerpiece […]
From STL Jewish Light: The St. Louis Kaplan Feldman Holocaust Museum officially re-opens to the public at 1 p.m. Nov. 2 with many more resources to continue its mission to reject hatred, promote understanding and inspire change. Following a 2½-year, $21 million renovation and expansion, the museum features a wide range of exhibits and education tools to […]
This week Construction Drone Pilot Louis Kelly of Drone Eagle LLC captured progress on the Ameren solar generation facility being constructed in East St. Louis. Construction began in March on the $10.2 million solar energy facility. The 2.5 megawatt East St. Louis Solar Energy Center will produce enough electricity to power 500 homes, while providing […]
Kwame Building Group (KWAME) has completed the Freedom Suits Memorial to honor enslaved plaintiffs who sued for their freedom. The memorial is located at the Old Courthouse in St. Louis where the Dred Scott Case was tried. KWAME served as the Construction Manager at Risk (CMAR). The Freedom Suits Memorial features a 14-foot bronze statue […]
From Construction Dive: Construction’s unified response to racism in the industry is growing stronger. Twice as many construction firms plan to participate in the second annual Construction Inclusion Week, the industry’s grassroots effort to stamp out racist incidents and hate on jobsites. A total of 2,345 companies registered for the event, which runs Oct. 17-21, […]
From St. Louis Post-Dispatch: St. Louis aldermen on Tuesday raised concerns that a developer is seeking incentives for a proposed marina and waterpark in the city’s north side before determining the viability of the roughly $350 million project. The transportation and commerce committee on Tuesday decided to postpone a decision over whether to recommend 15 […]
The Beige Book is a Federal Reserve System publication about current economic conditions across the 12 Federal Reserve Districts. It characterizes regional economic conditions and prospects based on a variety of mostly qualitative information, gathered directly from District sources. The St. Louis region is part of the Eighth District. Economic conditions have declined slightly since […]
From St. Louis Post-Dispatch: St. Louis County Council members departed from their reputation for dysfunction this week when they all agreed on the use of pandemic aid. They chose seven projects for $66 million leftover from last year’s $193 million grant from the American Recovery Plan Act. Republicans worked with Democrats to evaluate proposals over […]
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