Recommendation IE.19

Recommendation Status: Expand

Facilitate the re-tooling or transformation of the existing outdated industrial parks and buildings with the necessary infrastructure to remain competitive.

This recommendation helps achieve the following

Applicable Geographic Scales

Countywide

Municipalities

Key Issues Addressed

Equity considerations icon

Sustainability Considerations

Sustainability considerations icon

Sub-geographies

Equity Considerations

Improving County residents access to job opportunities.

Re-using existing buildings and infrastructure reduces the carbon emissions impact, compared to demolishing them and redeveloping them.

Related Planning Topic Areas

Inclusive Economies icon

Inclusive
Economies

Not Sub-geographies
Not Municipalities
Countywide
Sustainable Infrastructure icon

Sustainable Infrastructure

Responsible Growth

Not Housing
Not Open Space & Environment
Economic Development
Land Use & Development
Transportation & Infrastructure
Not Population Stagnation
Not Greater Housing Diversity & Affordability
Jobs-Skills Mismatch
Infrastructure Cost-burden
Social & Environmental Resilience

Low
(Less than $1 mil)

Medium
($1-10mil)

Not Partnership

Partnership

Implementation

Lead Partner(s)

  • Municipalities

Lead Partner(s) icon
Supporting Partner(s) icon

Timeline

Ongoing

Near-term
(Within 5 Years)

Supporting Partner(s)

  • Developers

  • St. Louis County Department of Human Services - Office of Community Development

  • St. Louis Economic Development Partnership

  • St. Louis County Department of Planning

Project

Cost

High
($10+ mil)

Project, Partnership, or Policy

Policy

Medium-term
(5-10 Years)

Long-term
(10+ Years)

Potential Funding Sources

  • CHIPS and the Inflation Reduction Act grants

  • DOD Defense Production Act Investment (DPAI) Program

  • MO State DED Industrial Site Development Grant and Missouri Manufacturing Jobs Program

  • St. Louis Economic Development Partnership

  • Tax Increment Financing

  • Public-Private partnerships

  • Private investment

  • St. Louis County Community Development Block Grants (CDBG)

  • General operating revenue

Tracking Implementation

Implementation tracker icon.

Publish the success.

Tracking Success

  • LEED_CC_ Innovation

  • LEED_CC_ Regional Priority

If overperforming, what should we do?

Publish educational materials such as case studies for the re-use.

If underperforming, what should we do?

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IE.20/Establish a housing cooperative program that offers incentives such as grants, tax /PS/HDA/SER