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  • Brown Shoe anchors $568 million project

    http://stlouis.bizjournals.com/stlou...21/story1.html

    Friday, April 18, 2008


    Brown Shoe anchors $568 million project


    St. Louis Business Journal - by Lisa R. Brown
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    COPYRIGHT © 2008 ST. LOUIS BUSINESS JOURNAL

    Brown Shoe Co. is expanding its headquarters in Clayton within a massive $568 million mixed-use development that will be one of the largest commercial developments under way in St. Louis County.

    The state approved subsidies this week for Brown Shoe's planned new global headquarters, on the heels of the company's two-year search effort that could have meant the loss of one of St. Louis' oldest and largest public companies. The state's approval moves forward Brown Shoe's plans for a headquarters that will anchor a mixed-use project with 1.25 million square feet of office space, 300 condos, a hotel and 70,000 square feet of retail space on the 12.5 acres where the company is based at 8300 Maryland Ave.

    The project's development team, including Clayco Chief Executive Bob Clark, traveled to Jefferson City this week to make the case for $6 million in tax credits for the project. Details for the mixed-use project were presented to the Missouri Development Finance Board on April 15. The board, led by Chairman and Lt. Gov. Peter Kinder, unanimously approved the tax credits. Additionally, Brown Shoe's request for $8 million in BUILD bonds for construction was approved.


    -RBB

  • #2
    See ya, Centene?

    "Can't buy what I want because it's free...
    Can't buy what I want because it's free..."
    -- Pearl Jam, from the single Corduroy

    Comment


    • #3
      Originally posted by 007 View Post
      See ya, Centene?
      If they need a home, I know a place with some space to fill...

      Comment


      • #4
        I was told that only the Cardinals got tax breaks in Missouri.

        Comment


        • #5
          Originally posted by Iowa_Card View Post
          I was told that only the Cardinals got tax breaks in Missouri.

          ???
          Official Lounge Sponsor of Candy.


          "When you say 'radical right' today, I think of these moneymaking ventures by fellows like Pat Robertson and others who are trying to take the Republican Party and make a religious organization out of it. If that ever happens, kiss politics goodbye."
          -Barry Goldwater

          Comment


          • #6
            Originally posted by El Birdo 1 View Post
            ???
            You haven't read the Ballpark Village thread, have you?

            Comment


            • #7
              Originally posted by Iowa_Card View Post
              You haven't read the Ballpark Village thread, have you?

              Ahh, sarcasm.

              Getting people tax abatement, tax credits, TIF etc. is my job. I was confused.
              Official Lounge Sponsor of Candy.


              "When you say 'radical right' today, I think of these moneymaking ventures by fellows like Pat Robertson and others who are trying to take the Republican Party and make a religious organization out of it. If that ever happens, kiss politics goodbye."
              -Barry Goldwater

              Comment


              • #8
                Originally posted by El Birdo 1 View Post
                Ahh, sarcasm.

                Getting people tax abatement, tax credits, TIF etc. is my job. I was confused.
                Not just a lawyer, but a lawyer who gives our tax dollars (well, your tax dollars) to THE CORPORATIONS. A true patriot.

                Comment


                • #9
                  Originally posted by backstop View Post
                  Not just a lawyer, but a lawyer who gives our tax dollars (well, your tax dollars) to THE CORPORATIONS. A true patriot.

                  Ha. Mostly developers, but yeah.

                  I can get on my soapbox and talk about St. Louis living in the dark ages....but I think most people are pro-development.
                  Official Lounge Sponsor of Candy.


                  "When you say 'radical right' today, I think of these moneymaking ventures by fellows like Pat Robertson and others who are trying to take the Republican Party and make a religious organization out of it. If that ever happens, kiss politics goodbye."
                  -Barry Goldwater

                  Comment


                  • #10
                    Originally posted by El Birdo 1 View Post
                    Ha. Mostly developers, but yeah.

                    I can get on my soapbox and talk about St. Louis living in the dark ages....but I think most people are pro-development.
                    Tax breaks for new developers, while continuing to tax the existing businesses?














                    Just giving you shit. I defend criminals for a living.
                    Nature always sides with the hidden flaw.

                    We will have to repent in this generation not merely for the hateful words and actions of the bad people but for the appalling silence of the good people.

                    Comment


                    • #11
                      Originally posted by El Birdo 1 View Post
                      Ahh, sarcasm.

                      Getting people tax abatement, tax credits, TIF etc. is my job. I was confused.
                      So it's your fault the city couldn't lure Brown Shoe from Clayton?

                      Good job.

                      -RBB

                      Comment


                      • #12
                        Originally posted by RedBirdBrain View Post
                        So it's your fault the city couldn't lure Brown Shoe from Clayton?

                        Good job.

                        -RBB

                        It's partially my fault Brown Shoe got a fuckload of tax credits.
                        Official Lounge Sponsor of Candy.


                        "When you say 'radical right' today, I think of these moneymaking ventures by fellows like Pat Robertson and others who are trying to take the Republican Party and make a religious organization out of it. If that ever happens, kiss politics goodbye."
                        -Barry Goldwater

                        Comment

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