Tax Increment Financing Key to Redevelopment of Former Chrysler Plant in St. Louis County

A logistics park in Fenton, expected to attract $382 million in investment, will move forward with $50 million in tax increment financing.

1 minute read

July 23, 2016, 9:00 AM PDT

By James Brasuell @CasualBrasuell


"A redevelopment of the old Chrysler assembly plant site advanced a step Wednesday after the St. Louis County Tax Increment Financing Commission recommended that the St. Louis County Council approve more than $50 million in incentives for the project," reports Jacob Barker.

The vote allows "Clayton-based KP Development to turn the site just off of Interstate 44 into the Fenton Logistics Park." The proposal calls for nearly 2 million square feet for office, industrial, and warehouse uses, in addition to two hotels, restaurants, and retail.

The plant has been closed since it ceased manufacturing of the Dodge Ram pickup truck in 2009.

Wednesday, July 20, 2016 in St. Louis Post-Dispatch

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Get top-rated, practical training

Close-up of park ranger in green jacket and khaki hat looking out at Bryce Canyon National Park red rock formations.

National Parks Layoffs Will Cause Communities to Lose Billions

Thousands of essential park workers were laid off this week, just before the busy spring break season.

February 18, 2025 - National Parks Traveler

Paved walking path next to canal in The Woodlands, Texas with office buildings in background.

Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50

A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.

February 19, 2025 - Greg Flisram

Small rural USPS post office in manufactured one-story grey building with American flag in front.

Delivering for America Plan Will Downgrade Mail Service in at Least 49.5 Percent of Zip Codes

Republican and Democrat lawmakers criticize the plan for its disproportionate negative impact on rural communities.

February 12, 2025 - Cowboy State Daily

Chicago

Test News Post 1

This is a summary

April 8 - 2TheAdvocate.com

test alt text

Test News Headline 46

Test for the image on the front page.

March 5 - Cleantech blog

Military humvee driving through gate at Fort Indiantown Gap Natl Guard training center in Pennsylvania surrounded by winter trees and dead leaves.

Balancing Bombs and Butterflies: How the National Guard Protects a Rare Species

The National Guard at Fort Indiantown Gap uses GIS technology and land management strategies to balance military training with conservation efforts, ensuring the survival of the rare eastern regal fritillary butterfly.

February 24 - Esri Blog