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.

On January 3, 2025, a group of court-appointed commissioners valued the Railway Exchange Building and the adjacent parking garage and lot for $7.3 million.

On Thursday, the St. Louis Development Corporation Board of Directors approved up to $350,000 to create a fund to aid businesses surrounding the three St. Louis Main Street organizations and the businesses they support. 

On Monday, the St. Louis Sports Commission announced the 2026 U.S. Figure Skating Championships will be held in St. Louis.

The 2026 Prevagen U.S. Figure Skating Championships is slated for Jan. 5-11 at the Enterprise Center.

On Friday, a City of St. Louis judge allowed the St. Louis Development Corporation’s (SLDC) Land Clearance for Redevelopment Authority (LCRA) to condemn and take possession of the Railway Exchange Building and adjacent parking garage through eminent domain.

A Central West End-based law firm is expanding to a larger space on Delmar Blvd–continuing the momentum of vacant, dilapidated buildings being redeveloped.

On Thursday, the St. Louis Development Corporation’s (SLDC) Board of Directors unanimously approved up to $5 million in New Markets Tax Credits for Stock Legal to move to 4709 Delmar Blvd, which is just at the edge of the Central West End neighborhood.

An arts foundation is planning to build an arts and entertainment facility in St. Louis’ Downtown West neighborhood.

On Thursday, the St. Louis Development Corporation (SLDC) Board of Directors approved $5 million in New Markets Tax Credits to develop Delmar Stage and Studios at 2233 Delmar Blvd. A project totaling $6.25 million.

Board members of the St. Louis Development Corporation (SLDC) voted this morning to approve an amendment to its bylaws creating a succession plan to address vacancies for ex-officio members.

An independent audit initiated by the St. Louis Development Corporation (SLDC) showed the North City Grant Program application process is largely fair, consistent and meets all federal guidelines and local requirements.

ICL Group LTD (ICL), an international company specializing in sustainable agriculture and industrial production, is expanding to North St. Louis.

Empower. Develop. Transform. These three words define the essence of the St. Louis Development Corporation (SLDC). Since its inception in the 1970s, SLDC has been a driving force for economic growth and community development.

St. Louis Development Corporation, the independent economic development agency serving the City of St. Louis, is pleased to welcome Deion Broxton as Vice President of Communications & Public Affairs.

This week, with the help of funding from the American Rescue Plan Act, Mayor Tishaura O. Jones’ administration, in partnership with the St. Louis Development Corporation (SLDC), began installing free WiFi in nine city parks.

St. Louis Development Corporation (SLDC) recently released new Financial Incentives Guides to help educate and simplify the development process in the City of St. Louis.