The City of St. Louis Planning Commission approved of the blighting study for the property, advancing a previously approved 10-year, 75% tax abatement for the project (approved at the December LCRA meeting). This now moves on to the Board of Aldermen and, if passed there, the Mayor
If all goes well, the project could start in Q4 of this year.
Since February 2022, project costs have increased by 10%, thus the need for a tax abatement became more of a necessity to make this possible.
Per plans I have on my computer, the height will be 350ft instead of 335ft.
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