Start delayed! BOA #HUDZ hearing on #BOAbb39 for Millennium hotel site. Scheduled for 11 a.m.
Per SLDC's Otis Williams last week & today's STLMAG political tea, Ald. Aldridge is dropping the tax abatement part of BB 39.
Notice has 🔗 to BB & Youtube live-stream
www.stlouis-mo.gov/events/event...
Full board packet: slps.community.highbond.com/document/455...
Up 1st: Presentation by SLDC on incentives. 👀
Otis Williams & Zach Wilson
🚨 #SLDCbreaking on Millennium hotel site:
Otis: The board bill* for tax abatement will be amended by the alderman and take the tax abatement out"
* #BOAbb39
/2
Board of Aldermen #HUDZ Committee.
August 26*
Public hearing on #BOAbb39
20 year, 90% tax abatement for Cordish project at #200south4th (Millennium hotel site)
Details: www.stlouis-mo.gov/events/event...
*New date! Developer probably cited a "deadline" to help speed up the approval process.
Updated story from today’s presser on the proposed #200South4th Silver Bullet development.
Stay tuned for the St. Louis BOA #HUDZ Public Hearing on #BOAbb39
“Up to” 20 (yes, twenty) years tax abatement at 90%.
More tax breaks to follow, probably after the BOA approval of BB 39.
Regarding #BOAbb39 for the Millennium hotel property at #200south4th
Per the Assessor's records (accessed today) the Gateway Arch Park Foundation has not closed on the property.
Gateway Regal Holdings LLC is still shown as the property owner.
Fact check Saturday: the present owner of the Millennium hotel property is current on its real estate tax payments.
Contrast with some hotel operators (that received tax breaks) and prominent local developers.
#200south4th
#BOAbb39
