Follow this lawsuit closely.
Suing the development board hand that feeds is a risky move.
In 2023 Kingsway Dev. LLC received over $700K from SLDC’s Sales Tax Exemption Fund for the #KingswayTIF
The original intent of the fund was to support affordable housing projects.
How has the $700K been used?

St. Louis developer says consultant, a friend of mayor’s dad, offered access to City Hall Friend of Virvus Jones charged developer to set up meetings with St. Louis mayor, help secure grants. They say they did nothing wrong.

A new twist in the #KingswayTIF project, ft #LCRAstl

"on Thursday, Bryant sued a city development
board, claiming it breached his agreement by
not giving proper notice it was working with
another developer to rehab a Delmar
Boulevard property he hoped to buy."

www.stltoday.com/news/local/b...

Today! The #HUDZ Public Hearing on #BOAbb52, to create the Delmar/Fountain Park CID.

Alders need to ask how much the CID will pay annually into the #KingswayTIF fund. Developer Kevin Bryant is listed as a board member of the CID in the petition, which is included in BB 52.
#TaxingDistrictsSTL