/tags/economic-development Economic Development en-US Copyright © 2024 �������� Thu, 15 May 2025 21:39:42 GMT /economy-business/2025-05-15/venice-gets-2-4m-state-grant-for-much-needed-grocery-store-to-anchor-redevelopment The closest grocery stores for Venice residents are more than four miles away in Granite City, making the community a food desert by the federal government’s standards. Thu, 15 May 2025 21:39:42 GMT /economy-business/2025-05-15/venice-gets-2-4m-state-grant-for-much-needed-grocery-store-to-anchor-redevelopment Will Bauer /economy-business/2025-04-22/300m-entertainment-retail-residential-project-passes-ofallon-city-council Leaders of the Metro East city believe the project will be transformative. Construction on buildings will begin in one year, and the developers say it will be complete by 2033. Tue, 22 Apr 2025 10:00:00 GMT /economy-business/2025-04-22/300m-entertainment-retail-residential-project-passes-ofallon-city-council Will Bauer /economy-business/2025-04-14/downtown-st-louis-turnaround-million-incremental-steps-vacancy The city has made progress on two prominent vacant buildings in the past year, but rebounding from a “real estate nightmare” will take many more years. Mon, 14 Apr 2025 10:00:00 GMT /economy-business/2025-04-14/downtown-st-louis-turnaround-million-incremental-steps-vacancy Eric Schmid /economy-business/2025-04-11/game-changer-for-swansea-developer-plans-stores-restaurants-and-homes “They’re talking about having a $400 to $500 million development,” Mayor Mike Leopold said Monday night. “It’s one of the biggest developments that Swansea will ever get.” Fri, 11 Apr 2025 10:00:00 GMT /economy-business/2025-04-11/game-changer-for-swansea-developer-plans-stores-restaurants-and-homes Mike Koziatek /news-briefs/2025-04-10/missouri-department-of-public-safety-50-million-police-training-academy A location has not yet been decided, but leaders from four counties in the St. Louis area say the regional facility will provide training courses for new recruits and veteran officers. Thu, 10 Apr 2025 22:10:03 GMT /news-briefs/2025-04-10/missouri-department-of-public-safety-50-million-police-training-academy Lacretia Wimbley /economy-business/2025-04-07/alton-development-siue-opens-33-million-coworking-space The Wedge Innovation Center will host space for business startups, a venture capital firm and various Southern Illinois University Edwardsville centers. It’s the first completed project from AltonWorks, a real estate company spearheading numerous economic development projects in town. Mon, 07 Apr 2025 20:07:00 GMT /economy-business/2025-04-07/alton-development-siue-opens-33-million-coworking-space Will Bauer /economy-business/2025-03-28/after-44-5m-renovations-historic-east-st-louis-hotel-gets-new-life-for-senior-living The old Broadview Hotel has been converted into a 110-unit apartment building for residents over 55 years old. East St. Louis leaders believe this project will anchor future economic development. Fri, 28 Mar 2025 22:20:00 GMT /economy-business/2025-03-28/after-44-5m-renovations-historic-east-st-louis-hotel-gets-new-life-for-senior-living Will Bauer /economy-business/2025-03-26/huge-vacant-downtown-offices-converted-apartments-study A study released Wednesday by the Brookings Institution examines how St. Louis could reverse the perception of downtown as a "real estate nightmare" by converting office buildings to residential uses. Wed, 26 Mar 2025 19:05:06 GMT /economy-business/2025-03-26/huge-vacant-downtown-offices-converted-apartments-study Eric Schmid /economy-business/2025-03-24/construction-brickline-greenway-north-grand Great Rivers Greenway leaders hope the new bike and pedestrian pathways will lay the foundation for future economic revitalization in a part of the city that has experienced steep declines. Mon, 24 Mar 2025 10:00:00 GMT /economy-business/2025-03-24/construction-brickline-greenway-north-grand Eric Schmid /economy-business/2025-03-21/boeing-contract-next-generation-f-47-fighter-jet The company will manufacture the jets at its new $1.8 billion facility next to St. Louis Lambert International Airport. Fri, 21 Mar 2025 17:23:17 GMT /economy-business/2025-03-21/boeing-contract-next-generation-f-47-fighter-jet Eric Schmid, Will Bauer