ST. LOUIS — Governor Mike Kehoe today signed into law legislation, HB 3231, to bring hundreds of millions of dollars in new investment to Downtown St. Louis. Specifically, the legislation is designed to catalyze the redevelopment of major vacant properties like the AT&T and Railway Exchange Buildings. The legislation also creates new innovation districts and supports the revitalization of Main Streets across the State of Missouri.
Greater St. Louis, Inc. Managing Partner Ron Kitchens issued the following statement regarding the bill becoming law:
“Today is a great day for Downtown St. Louis, and we want to thank Governor Kehoe for signing this landmark legislation into law. This legislation has been a top priority of the business community, and over the past three years we have worked with our partners across the state in support of its passage.
“This law recognizes the critical importance of Downtown St. Louis to the state’s economy, catalyzing hundreds of millions of dollars in new investment in the economic engine of the state.
“In addition to Gov. Kehoe, we want to express our thanks to the bipartisan leadership team that made this possible, specifically Representatives Brad Christ and Chad Perkins, Senators Kurtis Gregory and Steven Roberts, and the leadership of the House and Senate.”
About Greater St. Louis, Inc. – We Drive Growth
Greater St. Louis, Inc. forges partnerships that empower growth across the 15-county St. Louis region. We convene and collaborate with business, governmental, and civic leaders to empower economic growth and prosperity in communities across the St. Louis metro area. Together, we act with intention to create a thriving and inclusive St. Louis that attracts and retains investment and talent for generations to come and creates more and better jobs for the region.