Click for St. Louis, Missouri Forecast

// a href = ./ // St Louis News, Weather, Sports, The Big 550 AM, St Louis Traffic, Breaking News in St Louis

 
 
 
Tuesday, 12 February 2013 08:40

Paul McKee to appeal for tax credit extension

Developer Paul McKee will be in Jefferson City Tuesday, trying to save his stalled NorthSide Regeneration project. The McEagle Properties chairman will ask the House Economic Development Committee to extend the tax credit program he's been using to amass land for the project.

The $95 million Distressed Areas Land Assemblage credit was passed in 2007 and will expire this August.

McKee's company has received more than $40 million so far and amassed 2,200 parcels of land in north St. Louis for the project. But McKee told the St. Louis Post-Dispatch that he's needs to buy another 500 parcels for contiguous sites.

The NorthSide project calls for new and refurbished homes, retail and manufacturing space, along with schools and medical facilities on a two square mile area just north of downtown.
Published in Around Town
Tuesday, 12 February 2013 00:45

Paul McKee to appeal for tax credit extension

Developer Paul McKee will be in Jefferson City Tuesday, trying to save his stalled NorthSide Regeneration project. The McEagle Properties chairman will ask the House Economic Development Committee to extend the tax credit program he's been using to amass land for the project.

The $95 million Distressed Areas Land Assemblage credit was passed in 2007 and will expire this August.

McKee's company has received more than $40 million so far and amassed 2,200 parcels of land in north St. Louis for the project. But McKee told the St. Louis Post-Dispatch that he's needs to buy another 500 parcels for contiguous sites.

The NorthSide project calls for new and refurbished homes, retail and manufacturing space, along with schools and medical facilities on a two square mile area just north of downtown.
Published in Local News

Latest News

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
Prev Next
FDA WANTS CANCER WARNINGS ON TANNING BEDS

FDA WANTS CANCER WARNINGS ON TANNING BEDS

WASHINGTON (AP) -- Indoor tanning beds would come with new warnings about the risk of cancer and be subject to more stringent federal oversight under a proposal unveiled Monday by ...

Centralizing organ removal may benefit transplants

Centralizing organ removal may benefit transplants

   Transplant medicine could be on the cusp of a new way to accomplish a critical task -- efficiently getting the organ from the donor and into the recipient. &nbs...

FDA to revise nutrition facts label

WASHINGTON (AP) — Those nutrition labels on the back of food packages may soon become easier to read.   The Food and Drug Administration says knowledge about nutrit...

IRISH LAWMAKERS BACK BILL ON LIFE-SAVING ABORTIONS

IRISH LAWMAKERS BACK BILL ON LIFE-SAVING ABORTIONS

DUBLIN (AP) -- Ireland appeared on course to legalize abortion in limited circumstances as lawmakers voted Tuesday to support a bill that would permit a pregnancy to be terminated ...

FRIENDS COMMON SOURCE OF ABUSED PRESCRIPTION MEDS

CHICAGO (AP) -- Most people who abuse addictive prescription painkillers get them for free from friends or relatives, while drug dealers are a relatively uncommon source for tho...

NPS HANTAVIRUS RESPONSE FOLLOWED POLICY

YOSEMITE NATIONAL PARK, Calif. (AP) -- Federal investigators probing the hantavirus outbreak blamed for three deaths at Yosemite National Park recommended on Monday that design cha...

© 2013 KTRS All Rights Reserved