u/The-Bear-and-Rose

▲ 62 r/StLouis

Missouri bill to revitalize downtown St. Louis heads to governor

Projects within an eligible innovation zone could qualify for a wide range of incentives, including income-tax exemptions, opportunity zone benefits, office-to-residential tax credits, property tax abatements, tax increment financing and more, depending on the scope and type of development.
The bill’s proposed tax incentives include:

Up to $50 million in office-to-residential tax credits statewide each fiscal year.

A 25% to 30% tax credit for converting older office buildings into housing, depending on location and age
.
Early cash-flow advances of up to 25% of projected state income-tax withholdings generated by construction jobs.

Additionally, the “innovation zone” designation would allow St. Louis to retain 50% of all new state sales taxes and income‑tax withholdings generated inside the district. That is, as long as the funds are used for police services, lighting, cameras, signage, sidewalks, streets, landscaping and public safety or infrastructure needs

fox2now.com
u/The-Bear-and-Rose — 5 days ago
▲ 274 r/StLouis

After past Missouri disasters, HUD sent millions. After the St. Louis tornado: $0.

New Orleans got $5.2B. Houston got $5.7B. Joplin got $110M. St. Louis got $0.

ksdk.com
u/The-Bear-and-Rose — 5 days ago
▲ 39 r/StLouis

Why Does “Tough on Crime” Not Apply to Drivers?

I never understood the hate for speed cameras on this sub. This is a good video on how tough on crime doesn’t apply to car drivers.

youtu.be
u/The-Bear-and-Rose — 7 days ago
▲ 300 r/StLouis+1 crossposts

This is the sound a data center makes around the clock, every single night - while hundreds of homes sit right next door.

Think the armory data center will be this bad with noise pollution or negligible with the interstate noise already there?

reddit.com
u/The-Bear-and-Rose — 9 days ago
▲ 27 r/StLouis

Video going over what makes a place feel walkable: useful, safety, comfortable and interesting. The presenters gives an example of walking one mile. With all the discourse in STL epically downtown this feels relevant. STL is so broken up by stroads, interstates and abandoned neighborhoods that I feel there is very few straight mile walks that fit these criteria.

u/The-Bear-and-Rose — 17 days ago