New Markets Tax Credit Coalition

  • Saint Louis,
  • MO
  • (2010)

Mercantile Exchange

District: Wesley Bell (D-MO01)

The redevelopment of the St Louis Centre into a 750-space parking garage and 106,000 square foot of retail space is part of a larger redevelopment plan for a blighted three-square block area in the central business district.

Investment

  • NMTC Amount: $22,550,000
  • Total Project Cost: $30,868,549

IMPACT

  • 5 FTE jobs
  • 100 construction jobs
  • 106,000 sq. ft. of real estate

CDEs

,

Investor

Project Description

The redevelopment of the St Louis Centre into a 750-space parking garage and 106,000 sq. ft. of retail space is part of a larger redevelopment plan for a blighted three-square block area in the central business district. NDC’s investment for the garage was $10.4 million and $4.6 million for the retail component.

MAP

Address: 515 North Sixth Street, Saint Louis, MO 63103

Census Tract: 29510127400

Missing information? Submit an update or correction.

Other Missouri Projects

Quaker Window Products Co.
  • Eldon,
  • MO
  • (2024)
  • CDE(s): CEI Capital Management, Heartland Renaissance Fund
A specialized equipment manufacturer grew its footprint and added jobs in Eldon, MO
Learn more..
Indeeco-Cuba, LLC
  • Cuba,
  • MO
  • (2008)
  • CDE(s): Advantage Capital
Established in 1929, INDEECO designs and manufactures a complete line of heating equipment, including space heaters, industrial component heaters and electronic controls for commercial, industrial and marine markets located domestically
Learn more..
Flance Early Learning Center
  • Saint Louis,
  • MO
  • (2013)
  • CDE(s): GS New Markets Fund
An innovative community facility that offers exceptional care and education for 154 children and their families in a child-focused, center-based, and diverse learning environment.
Learn more..
Southbrook Skilled Nursing
  • Farmington,
  • MO
  • (2019)
  • CDE(s): Dakotas America
NMTC financing for a nursing and residential care facility.
Learn more..