Millennium Hotel Redevelopment: History May Not Repeat, But It Rhymes
Columnist Michael Allen reflects on the past and future of one of downtown’s most iconic pieces of real estate.
Tagged: tax abatement
Unlike KC Counterparts, SLDC Board Members Don’t File Financial Disclosures
SLDC recommends millions in tax breaks to real estate developers on an annual basis, and they rarely say no to these requests. Unlike in Kansas City, there is no way to monitor if St. Louis’s economic development board members are voting on matters that financially benefit themselves.
New City Financial Report Card Gets Quiet Release
The city’s FY2024 Annual Comprehensive Financial Report highlights a financial turnaround, exceeding revenue estimates and ending with a $1.5 billion net position. This is despite some revenue shortfalls and pension concerns.
Is SLDC A Nexus Of Local Corruption? Absolutely.
One local paper would have you think that Mayor Jones introduced corruption to SLDC, while another would have readers believe the agency has a sterling reputation. Neither narrative is true.
St. Louis’s Political Silly Season Has Begun
Municipal election chaos peaked last week, with numerous candidates making unsubstantiated claims on social media. City voters will be well-served to resist the prevailing sensationalism swirling around tomorrow’s primary. Much of it seems to be distracting nonsense.
Lessons From The Last City Audit
The City of St. Louis faces a potential audit due to concerns over SLDC’s questionable contractor decisions and alleged corruption. Past audits yielded minimal accountability. MCM’s Editor in Chief weighs in with lessons learned from the last city audit.
