Menards Cost-Benefit Analysis Planned in Richmond Heights
Development Strategies will also review the expected costs and benefits of a Hadley Township redevelopment proposal from Pace Properties.
St. Louis city-based Development Strategies will perform a cost-benefit analysis of Hadley Township developments proposed by Menards and Pace Properties. Richmond Heights City Council authorized the formation of a contract with the consultant at its April 16 meeting. According to a letter sent from Larry Marks, a principal at the company, to City Manager Amy Hamilton the analysis will: Section 99-810(5) of the Missouri Revised Statutes requires such an analysis before a city can approve a redevelopment plan. The Richmond Heights Tax Increment Financing (TIF) Commission will review the study as it discusses whether to approve the taxpayer financing packages by Menards and Pace Properties. Development Strategies planned to begin its analysis…
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RDBet
7:46 am on Wednesday, March 20, 2013
Prior projects such as downtown Wentzville....now that is reaching for the heights.. more ›