Tax Finance Commission fails to recommend project, but aldermen have votes to override that decision The failure of the Shrewsbury Tax Increment Financing (TIF) Commission to make a decision on the long-pending plan to build a Walmart Supercenter on the grounds of the derelict Kenrick Plaza has set the stage for a big vote Jan. […]
Shrewsbury aldermen expected to vote on TIF At Jan. 23 meeting Affton School District School Board President Michael McNeil and Business Manager John Brazeal fought the good fight to protect the district’s financial interests as members of the Shrewsbury Tax Increment Financing (TIF) Commission. That group gathered last week to issue a recommendation on a […]
The Walmart redevelopment project in Kenrick Plaza could be less than two weeks away from official launch. The Shrewsbury Board of Aldermen Tuesday heard a presentation by a team led by developer Gary Grewe in favor of the special use permit for the central portion of the project. The petition will come up for vote […]
The commission voted 9-3 against $15 million in tax breaks for a 172,000-square-foot redevelopment of Kenrick Plaza. A public hearing before the vote drew emotional testimony from residents for and against the project. The St. Louis County TIF Commission has rejected the request for $15 million in public financing for a controversial re-development of Kenrick […]
SHREWSBURY • The city Tax Incremental Financing Commission Wednesday denied a recommendation that $15 million in subsidies be awarded to a developer with plans to build a Walmart Super Center on the site of an abandoned movie theatre along Watson Road. The measure now heads to the Board of Alderman which is expected […]
The Shrewsbury Tax Increment Financing (TIF) Commission went out with a whimper rather than a bang Wednesday night, Jan. 10, as members were unable to make a recommendation on the one question before them: the proposal to put a $43-million Walmart Supercenter on the grounds of the derelict Kenrick Shopping Center. The issue now goes […]