patching...
Welcome back, Patch Blogger!

Your Opinion: Is All New Business Created Equal?

Here's a look back on what Crestwood and Sunset Hills residents have had to say about new business, pending projects, and how they feel about tax dollars financing development.

 

Crestwood isn't the only place in South County where people have stood divided on the benefits of a new business. 

Last month the Shrewsbury Board of Aldermen approved Tax Increment Financing (TIF) and a Community Improvement District (CID) to build a new Walmart at Kenrick Plaza, despite a St. Louis County board vote against the project. Almost everyone has weighed in on the hot-button topic. More than 30 Patch readers responded to the board's final vote, ranging from outrage to grateful support.

Crestwood Court, of course, hasn't gotten far enough in the process to have a TIF request officially approved or denied by the city's board. (Their rejection of a project planner halted further movement on Centrum's last proposal.)

When it comes to new business, what matters to you? Does a request for public financing (like a TIF) make the project a no-go for you? Are you happy to see retail come into town, or does it have to be a certain type of retail?

Here's a look back on what Crestwood and Sunset Hills residents have had to say the past two months about :

  • “Anyone - I repeat, anyone - who is interested in opening some retail business should be welcomed with open arms and afforded help to locate in vacant spaces,” Bill Keller said in a letter to South County Times in response to previous letters on the recent Walmart TIF. “This is no time to get picky or lay down barriers, or you can expect to be left holding the bag while other areas offer better deals.”
  • “Historically, Crestwood has been a city that relies heavily on sales taxes, which allows property taxes to remain low. If we want to continue to be that kind of city, I think [Crestwood Court] development is critical,” Grant Mabie said in our most recent update on Crestwood Court.
    “I think there is a little bit of confusion existing as to Crestwood's risk in the project. Obviously, I think everyone in Crestwood wants to see a successful development there. “
  • “Using TIF's as a jump start to lure in and establish unique business and entertainment venues will ultimately pay off in the long run if the redevelopment is done properly,” Patch commenter Tom Mahan said about the tax assistance previously requested for Crestwood Court redevelopment.
  • “When a city has a huge empty mall, lots of offices and retail space for lease and the new businesses are thrift stores, it's in trouble,” says Patch commenter Stephen D in a recent story on the Savers opening in Crestwood.
  • Despite a petition with 200+ signatures against a Petro Mart gas station and 24-hour convenience store next to the Interstate 44 overpass, Patch commenter Chris think it’s a “perfect use” of the former Bob Evans space. “And finally that land will be developed, getting rid of that eyesore.”
  • “Crestwood if fast becoming THE place were you can buy a VHS tape for a $1, said commenter John Dough on a Savers store update.
Related Topics: Crestwood Court, New Business, Redevelopment, TIF, and Walmart

Eric T

2:51 pm on Wednesday, February 20, 2013

It's either having our taxes go up in order to fund basic services in Crestwood, or having our taxes go up to help fund the development that would bring in the sales tax revenue to support Crestwood. I'd rather fund the development and have a nicer area to live in, rising property value, more dining / entertainment options, and driving down a road without "For Lease" signs scattered about.

Reply

Julia Humme

4:15 pm on Wednesday, February 20, 2013

Retail development on a large scale has proven fruitless. To keep beating the same dead issue over and over is getting Crestwood nowhere fast. The success of Crestview Senior Living apartments should be acknowledged as a win win situation for the mature residents of Crestwood. Most of these good people would like to remain in their town. Something along the lines of Senior Apartments with main floor shops to accomodate the residents and others might work. A scaled down version of what Kirkwood has done along Kirkwood road perhaps?

Reply
Comment_arrow
Patch_comments_icon

Ryan Martin

10:06 pm on Wednesday, February 20, 2013

Thanks for the comment, Julia. That's an interesting idea that I hadn't heard before. Are you referring to the downtown shops in Kirkwood near Kaldi's?

Julia Humme

8:39 pm on Thursday, February 21, 2013

Hi Ryan...Yes, that is the area I was posting about. I work with the public in Crestwood, and have lived in Crestwood and Webster Groves for the past 40 years. Many people have commented about the lack of senior housing or apartments in this area. The Downtown Kirkwood development has been a tremendous asset for that area, and would be welcome in Crestwood for many who would like to remain in their neighborhood.

Reply

Leave a comment