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Old Posted Jun 24, 2017, 7:02 AM
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Arch City Arch City is offline
Proud Homer!
 
Join Date: Nov 2002
Posts: 4,316
This project has grown to 39-stories over-looking beautiful Forest Park.

Proposed 39-story Central West End apartment tower to get sales tax break
By Jacob Barker
St. Louis Post-Dispatch
Jun 20, 2017


A $130 million apartment tower in the Central West End will likely get a break on sales tax for construction materials, an incentive the city is more frequently offering to developers of large projects.

The St. Louis Land Clearance for Redevelopment Authority advanced a measure Tuesday to grant the construction tax break for the 39-story, 316-unit apartment tower.

Developer Mac Properties, based in the New York area, and acclaimed Chicago architecture firm Studio Gang announced the project in December.

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