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SLDC Launches Multimedia Campaign

This week, SLDC launched a multimedia campaign leveraging print, digital, billboard, transit, television and radio ads. The campaign was designed to elevate awareness of the Economic Justice Action Plan, along with SLDC’s role in driving the community forward and the resources/services offered at the Northside Economic Empowerment Center.

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St. Louis Development Corporation to Retool and Reopen Applications for North St. Louis Small Business and Non-Profit Grant Program in August

On June 30, 2023, the Board of Aldermen passed legislation revising the North St. Louis Commercial Corridor Grant Program being implemented by St. Louis Development Corporation (SLDC). Board Bill 37 amends Ordinance Number 71504, which created a $37 million grant program for small businesses and non-profits in North St. Louis. The legislative update clarifies applicant eligibility, expands geographic boundaries of the program and streamlines the project review/scoring criteria SLDC will use to evaluate applications.

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SLDC Featured in The Bond Buyer Article

SLDC's President & CEO, Neal Richardson, recently sat down with Jolena Presti, managing director of Baker Tilly's public sector advisory practice who penned an article on the innovative approach St. Louis is taking to evaluate incentives for economic development projects, prioritizing community benefits.

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State Awards $2.5 Million Grant to City of St. Louis to Help Redevelop Industrial Site Near St. Louis Lambert International Airport

St. Louis, Mo. (May 5, 2023) – The Missouri Department of Economic Development has awarded a $2.5 million grant to the City of St. Louis, administered by the city’s Community Development Administration, that will support the redevelopment of a 106-acre industrial site adjacent to Lambert St. Louis International Airport. With the grant, the site, called the Brownleigh Site, can be redeveloped for future advanced manufacturing opportunities.

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SLDC Allocates $10 Million of New Markets Tax Credits to Redevelop and Expand Urban League’s Headquarters

Last night, at the Urban League of Metropolitan Saint Louis’ 105th Annual Dinner, Mayor Tishaura O. Jones and SLDC President & CEO, presented the organization with a check to represent its allocation of $10 million of New Markets Tax Credits (NMTC) to the redevelopment and expansion of the Urban League’s Headquarters at the corner of Kingshighway Blvd. and Dr. MLK Drive.

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Bringing Homeownership Opportunities to North City

This morning, SLDC’s President & CEO Neal Richardson was honored to join Mayor Tishaura O. Jones and U.S. Bank (USB) to celebrate the groundbreaking on Tabernacle Community Development Corporation’s (TCDC) Hebert Homes Project, which will bring 26 new affordable for-sale housing units to the Jeff-Vander-Lou (JVL) Neighborhood.

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SLDC Development Board Vacancies

Want to lead the future of economic development in the City? Bring Your talent and expertise and innovation to a SLDC board.

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