Development climate and incentive competitiveness

At a glance

  • What: Debate over why new construction is slow in St. Louis and how tight incentive rules affect competitiveness with other municipalities.
  • Where it stands: Discussed October 20, 2026; no vote. Alderperson Browning cited falling building permits and developer complaints; Whitson said past overuse of TIFs and abatements led to new rules and asked for a year or two without changes.
  • Figures cited: abated parcels down from about 3,700 (2016) to about 1,500; over 16,000 tax-exempt parcels; over 25,000 vacant parcels; about 88 municipalities in the region.
  • Next: Members want predictability, a clear prevailing wage standard and active compliance monitoring.

Sources

Discussion time

About 10 minutes across 1 meeting (from transcript timestamps; approximate).

Meeting Minutes
2026-10-20 - Housing, Urban Development & Zoning Committee 10

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