Friday, April 12, 2013
Grant Mabie addresses tax increment financing (TIF) in a letter to Call Newspapers.
Are you ready to see new movement at Crestwood Court? Grant Mabie is. Earlier this year Mayor Jeff Schlink said Centrum Properties would likely wait until the four newly-elected aldermen came into office before continuing discussions on mall redevelopment. Mabie ran for a vacant seat in Ward 3, and said he supported redevelopment of the mall area. Mabie clarifies what he believes are some public misconceptions about the tax assistance being requested by developers, and encourages the board to move forward in a letter to Crestwood Call. "I hope that the new Board of Aldermen starts taking the steps necessary to move the redevelopment forward, beginning with the hiring of professionals to advise the board during the redevelopment process," …
Wednesday, February 20, 2013
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 …
Tuesday, February 12, 2013
Why haven't you seen Centrum representatives recently? "They're going to wait until a new board is elected in April," remarked Mayor Jeff Schlink.
A handful of residents addressed the Crestwood Board of Aldermen on Tuesday concerning progress on the redevelopment of Crestwood Court. Each resident spoke for slightly different reasons—to request another town hall session, to ask how the recent loss of the Post Office will be addressed, or to see a quicker resolution to the city’s sales tax revenue woes. One resident even told the board she was disappointed to hear an hour of conversation on the public pool, but none on mall redevelopment. Mall discussion has not been a regular agenda item since December, when the board rejected PGAV Planners as the proposed project's planner. Browse Patch's previous coverage on mall redevelopment. Mayor Jeff Schlink said he and Centrum’s Vic Pildes …
Tuesday, January 29, 2013
Last night the Shrewsbury Board of Aldermen approved using Tax Increment Financing for a planned Walmart development at Kenrick Plaza. Do you think it was the right choice?
Tuesday, January 8, 2013
Crestwood Board of Aldermen voted to end a TIF for the retail center anchored by Shop 'n' Save, South County Times reports.
Tuesday, January 8
Crestwood's Board of Aldermen voted last month to end a tax increment financing (TIF) district for Watson Plaza, South County Times reports. The $2 million project was paid back in eight years. Read the full story on South County Times.