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St Louis urban renewal pioneer bets on 353 tax cut plan
A small businessman Leon Strauss reshapes DeBaliviere and surrounding 106 acres in St. Louis with a Chapter 353 tax incentive and a $4 million bank loan. He relocates residents, renovates half-century buildings into modern apartments and condominiums, attracting tech workers and diverse communities while crime drops and a national housing group lauds the project. Strauss says the effort aims to revive neighborhoods despite remaining urban decay and suburban migration.
MENTIONED IN THIS ARTICLE
ST. Louis
Leon Strauss
Javineetrhire
Strauss
Peter H. Bell
National Housing Rehabilitation Association
Washington
Mercantile Bank
DeBaliviere Ave
Edward Bench
Aesta- Hor Sarvisoran
Rae Au
U.S. Supreme Court
DeBaliviere
Washington Fish Parnes Uatal
Europe
Bruce Yampolsky
United States
Frank Hamsher
Strauss’ Path
Hamsher
Diallef