Agenda for 2.24.26 meeting of the City of St. Louis LCRA board of directors. Link to board packet: https://www.stlouis-mo.gov/government/departments/sldc/boards/documents/upload/February-24-2026-LCRA-Agenda.pdf

Image of page 1 of Resolution No. 26-LCRA-10988 to amend the redevelopment plan for 2601 Market St., facilitating the increase of portion of assessed value that will be tax abated. See pages 5 - 42 of board packet for documents pertaining to the Midas Hospitality hotel development.

Page 32 of LCRA board packet. "Project Summary" for a single hotel to be constructed at 2601 Market St. in Ward 11.

Photograph from the "Black Metropolis" exhibit at the Missouri HIstory Museum, showing the Peoples Finance Building and accompanying text. The location of the proposed new hotel at 2601 Market St. (NW corner of Jefferson & Market St. ) was once the site of the Peoples Finance Building, which was demolished in the City's erasure of Mill Creek. The building was built in 1926 and demolished in 1961.

The Feb. 24 #LCRAstl board agenda is available:
tinyurl.com/27b8zth8

Sole project:
#2601Market Midas hotel.
Res. 10988 increases the 10 yr tax abatement from 75% to 90%.
The updated financial analysis omits revenue from the #2601MarketCID , which is controlled by Midas.

See ALTs
#CorpWelfareHotel