Monthly Archives: March 2014

Cortex – MetroLink Update & RFP for Development

Train at Boyle Avenue

Following up on a 2012 ULI St. Louis Technical Assistance Program, Citizens for Modern Transit (CMT) and BLA this morning presented findings from the recently completed feasibility study for a possible new MetroLink station in the Cortex Innovation Community in Midtown St. Louis. With all signs pointing to favorable ridership conditions, excellent potential for Transit Oriented Development, and initial station construction figures, CMT made a strong case for including a new station along the existing line at Cortex. Likewise, CMT called on ULI St. Louis to make a similar evaluation … Read More

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EB-5 Provides Developers with “Substantial” Capital

EB-5 Foreign Investment

Capital? Did that get your attention? Have you heard of the EB-5 investor visa program? George Bailey, World Trade Center St. Louis, recently shared some compelling information with ULI St. Louis regarding this program which could supply developers with much-needed capital. What is EB-5? The EB-5 investor visa program is a globally recognized, federal immigration initiative, creating opportunities for developers to access substantial capital to fund new commercial development projects. What does EB-5 do? The program grants permanent residency to foreign nationals who invest a minimum of $1,000,000 or $500,000 (depending … Read More

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What to do with that piece of land? ULI TAP panels can help.

Midwest Real Estate News REJ Blog

Midwest Real Estate News recently interviewed ULI member and City of Maryland Heights Administrator Mark Levin about the ULI St. Louis Technical Assistance Program or TAP as it is commonly called. “Dorsett Road is a busy one as it cuts through the city of Maryland Heights in Missouri. One end of the road is filled with typical suburban strip malls and shopping centers. The other end is surrounded by residential development. Interstate-270 cuts through its middle. As Mark Levin, city administrator for Maryland Heights, said, the road already features some … Read More

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