St. Louis-area governments get $4M in grants to spark industrial site development

The state of Missouri is giving two St. Louis-area cities nearly $4.1 million in grants from federal money to aid in industrial site development.

St. Louis-area governments get $4M in grants to spark industrial site development

Mike Parson announced Friday that two cities in the St. Louis area would receive nearly $4.1million in federal grants to help with industrial site development. The governor's office announced Friday that 75 million dollars in grants were available to all of Missouri as part of the American Rescue Plan Act. These funds are included in the state budget for fiscal 2023.

St. Louis has received $2.5 million in funding to help redevelop a 106-acre site next to the St. Louis Lambert International Airport. St. Louis Development Corp. said in a Friday message that the grant would fund site feasibility and planning. The Brownleigh Site is the name of this site.

The city is looking for advanced manufacturing on the site northeast of the airport, which is bordered by Interstate 170.

In a press release, Mayor Tishaura said that SLDC worked with the Community Development Administration and Greater St. Louis Inc. to secure the grant.

St. Peters also received $1.6 million from the state. Officials in St. Peters did not immediately answer questions regarding its industrial site.

State officials said $50 million would be available for sites larger than 1,000 acres, and $25 million for those smaller. The program is designed to prepare 9,700 acres of land for industrial use. The program also stated that the grants would require local investment and that state grant funding could not exceed 50% of total project costs.