NorthPoint Development’s decision to withdraw from a $120 million development on the corner of Kingshighway and Oakland Avenue is a major disappointment for St. Louis. Lurking behind NorthPoint’s decision are a set of norms and policies that are disastrous for the future of the city St. Louis. (" St. Louis apartment project is dead. Unpredictable tax breaks are to blame, official says. " Post-Dispatch, Oct. 30.) kAm(:E9@FE 492?86[ E96 C6G:E2=:K2E:@? @7 E96 46?EC2= 4@CC:5@C[ E96 3C:89E DA@E :? E96 4:EJ’D 64@?@>:4 A6C7@C>2?46 :? E96 A2DE EH@ 564256D[ H:== 6?5 2?5 E96 4:EJ’D f_\J62C 4@?E:?F@FD A@AF=2E:@? 564=:?6 H:== 4@?E:?F6]k^Am kAm%96 AC@A@D65 }@CE9!@:?E 56G6=@A>6?E H2D @? 2 G242?E D:E6 A2DD65 3J 6G6CJ 42C EC2G6=:?8 ?@CE9 7C@> x\cc E@ E96 $4:6?46 r6?E6C[ u@C6DE !2C<[ E96 (2D9:?8E@? &?
Opinion: NorthPoint exit is a warning about city's development myths
St. Louis Post-Dispatch4 hrs ago
103


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