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

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

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.

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.

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.