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Northside developer Paul McKee given the green-light on the Bottle District

By on November 30, 2011 in St. Louis Real Estate Development

Can Paul McKee and the St. Louis Board of Alderman put the 17-acre Bottle District project in Downtown St. Louis be put back together again? Despite the fact (or maybe because of it) that his massive Northside project has yet to gain enough traction to get off the ground, developer McKee seems to think so. And more importantly, [...]

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Tax credits cannibalizing regional tax base

Tax credits cannibalizing regional tax base

By on January 26, 2011 in St. Louis Real Estate Development

When state and local governments hand out tax credits to developers and businesses, nearby residents often rejoice. Who doesn’t like new local jobs and shiny new buildings? But this perpetual tax credit “tug of war” has no winners as all it serves to do is line the pockets of the receiving business, while the rest [...]

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