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10.30.2009 12:13 pm

Feds award $320 million in tax credits to St. Louis-based groups

St. Louis Post-Dispatch

The U.S. Treasury issued $5 billion in tax credits for urban redevelopment Friday, including $320 million to St. Louis-based organizations.

The so-called New Markets Tax Credits are usually sold by developers to raise cash for projects and are a common ingredient in…

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07.14.2009 2:56 pm

Downtown Macy’s store to shrink

St. Louis Post-Dispatch

Shrinking Macy’s downtown St. Louis store to three floors is an instance of less is more, city officials and real estate sources say.

Reducing the number of floors from seven to three makes sense in the current retail environment and could…

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