Page 4 - Louis Development News Today

The center is funded by federal COVID relief money.

The city of St. Louis has an $11 million project in the works designed to “bridge the gap” between north St. Louis and downtown.

The potential project could bring the city’s first marina to the north St. Louis riverfront. It would also add a hotel, waterpark and indoor trampoline park to a 70-acre plot of land north of Interstate 270, just within city limits.

A consumer products giant with a factory on the north St. Louis riverfront is planning a $180 million expansion, with the help of state and local subsidies.

The plan aims to achieve economic justice by identifying a range of initiatives, many focused on real estate and economic development.

The City of St. Louis and the St. Louis Development Corp. (SLDC) laid out criteria for how small businesses can apply for a $5,000 grant using ARPA funds.

The home sits on St. Louis Avenue in the St. Louis Place neighborhood along a stretch that was once known as Millionaire’s Row.

More than 27,000 Black residents left St. Louis over the past decade for other counties or states. Many left for better jobs, schools and safety.

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Neal Richardson has worked in economic and community development over the past 14 years, both at U.S. Bank and the organization he co-founded, Dream Builders 4 Equity.