On Thursday, Oct. 1, at the Marriott St. Louis Grand Hotel, Mayor Cara Spencer and St. Louis Development Corporation (SLDC) President & CEO Stephen Westbrooks honored the businesses, organizations and developments making an impact in the City of St. Louis during the 2026 Mayor’s Celebration of Businesses luncheon.

Congratulations to the award winners.

The St. Louis Board of Aldermen has approved legislation establishing a Community Development Corporation Certification Program at the city level, aligning with Missouri state laws.

St. Louis Development Corporation (SLDC) will administer the certification program to create a consistent process that streamlines access to available resources.

St. Louis Development Corporation (SLDC) is pleased to open registration for the 2026 Mayor’s Celebration of Businesses. Centered around the theme, “A City That Works,” the luncheon will be held Thursday, October 1, 2026, at the Marriott St. Louis Grand Hotel.

As American Rescue Plan Act (ARPA) funding comes to a close, the St. Louis Development Corporation (SLDC) is highlighting how this once-in-a-generation investment has helped the St. Louis Land Reutilization Authority (LRA) tackle vacancy and put more properties on a path toward productive use.

SLDC reopens HomeSTL, a financial assistance program for first-time homebuyers.

On Wednesday, the St. Louis Development Corporation (SLDC) selected Stephen Westbrooks as the next president and CEO of SLDC.

The St. Louis Development Corporation (SLDC) is saddened to announce the passing of Stacey Fowler.

The U.S. Department of the Treasury has awarded the St. Louis Development Corporation (SLDC) $80 million–the largest ever for SLDC–in New Markets Tax Credits to assist in development projects.

Local company chosen for their innovative process

The St. Louis Development Corporation has published a new survey to estimate funding needs and guide recovery planning following the May 16, 2025, tornado.

In partnership with Ranken Technical College & 4TheVille, SLDC is one of 8 coalitions selected by the New Growth Innovation Network (NGIN) for the SCALE (Strategic Capacity for Advancing Local Economies) program!

On Friday, October 3, Mayor Cara Spencer and Otis Williams, Interim SLDC President & CEO hosted the 2525 Mayor’s Celebration of Businesses Award Luncheon.

As of August 4, 2025, city departments will not issue any new non-emergency contracts for city construction projects covered by M/WBE goals.

The U.S. Small Business Administration (SBA) announced today the opening of an SBA Business Recovery Center (BRC) in the Independent City of St. Louis to assist small businesses, private nonprofit (PNP) organizations and residents affected by severe storms, straight-line winds, tornadoes and flooding occurring May 16.

Following the weekend storms, SLDC is helping the City assess business conditions.

On Thursday, the St. Louis Development Corporation (SLDC) Board of Directors approved a resolution approving $100,000 for the Downtown Retail Incentive Program. 

On Thursday, the St. Louis Development Corporation (SLDC) President and CEO Neal Richardson mutually agreed to part ways with the organization and Mayor Cara Spencer’s administration. 

On Friday, the Land Clearance for Redevelopment Authority of the City of St. Louis (LCRA), which is staffed by St. Louis Development Corporation (SLDC), began the condemnation process for dozens of properties in North St. Louis.

Downtown St. Louis-based nonprofit Gateway Arch Park Foundation (“The Foundation”) announced today that it has selected The Cordish Companies to redevelop the Millennium Hotel property, located at 200 S. 4th St. adjacent to the iconic St. Louis Gateway Arch.

The National Digital Inclusion Alliance (NDIA) has named the City of St. Louis a 2024 Visionary Digital Inclusion Trailblazer. This national program recognizes the City’s efforts to close the digital divide through efforts like our free community WiFi and digital learning labs.