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Project NSTL

Date post: 26-Feb-2016
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Project NSTL. Kara Clay Joshua Rucker. Purpose . To revitalize North Saint Louis City and bring prosperity Jobs Sustainability Long lasting Business Infrastructure . What needs does it fulfill?. Increase in Population Increase Employment Increase in Popularity Increase in Revenue - PowerPoint PPT Presentation
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Project NSTL Kara Clay Joshua Rucker
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Page 1: Project NSTL

Project NSTLKara Clay

Joshua Rucker

Page 2: Project NSTL

Purpose To revitalize North Saint Louis City and bring prosperity O JobsO SustainabilityO Long lasting BusinessO Infrastructure

Page 3: Project NSTL

What needs does it fulfill?

O Increase in PopulationO Increase Employment O Increase in PopularityO Increase in Revenue O Increase in Retail DistrictsO Increased FundingO Encourage Community Participation

Page 4: Project NSTL

How is it Vital?O Population in 2000- 1,500 peopleO Population in 2010- 1,916 people

increase of +27.7% O Estimated Population in 2013-14-

Double the increased population so between 400-800 people.

-Example: community college

Page 5: Project NSTL

Staff

Process EmployeesO Architect O PlumbersO ConstructionO Engineers

O Cashier O ManagerO MaintenanceO Sales associate O Tellers

Page 6: Project NSTL

Partnerships

Financial SocialO MayorO The BankO Urban Green Space

ProgramO St. Louis County Property

and Roads GrantO Community Development

AdministrationO Parks and Green Spaces

Levy and Opportunity Fund

O Saint Louis Police Department

O Community (employees)

Page 7: Project NSTL

Money?• Government grants for parksEx: Saint Louis Park over $350,000 in grants • Urban Green Space Program• 35 million dollars at the most for the projectFunding:Government GrantsEx: Parks and Green Spaces Levy Opportunity Fund • -Government Bonds• -Bank loans• -Business investments

Page 8: Project NSTL

BondsO Government bonds- 21 million in tax-

exempt bonds issued by the St. Louis County industrial development authority

Page 9: Project NSTL

RevenueO This development will make money

by:O Special Events - Walk of fame - Free Concerts in the ParkO Reinvestments/ investments back

into the communityO TIF for businesses over 5 years

Page 10: Project NSTL

Funding O TIF (Tax Increment Financing) –

popular, potential, powerful tool for places that need economic development

O The most yet have the least to spend

Page 11: Project NSTL

Life ImprovementsO Trying to decrease the unemployment rate

from 12.7%Current residents• Uniting the community• Encouraging volunteer efforts• Job opportunities for people in the

neighborhood Surrounding areas• Increase in neighborhood• Increase in business activity

Page 12: Project NSTL

How Much Land?START: Jackson Place Park, West of Market St.STOP: North Florissant Ave


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