Subsidy Tracker Individual Entry
Company:
CORTEX
Parent Company:
Cortex Innovation Community
Subsidy Source:
local
Location:
Missouri
City:
St. Louis
Project Description:
biomedical research complex
Year:
2012
Major Industry of Parent:
real estate
Specific Industry of Parent:
developer of technology district
Subsidy Value:
$158,200,000
Program Name:
tax increment financing
Awarding Agency:
St. Louis Tax Increment Financing Commission
Type of Subsidy:
MEGADEAL 
Capital Investment:
$2,200,000,000
Source of Data:
The maximum TIF funding amount comes from the CORTEX TIF/St. Louis Innovation District Development Plan; online at http://stlouis-mo.gov/government/departments/sldc/documents/cortex-tif-s.... The plan was approved by the St. Louis TIF Commission in December 2012.
Notes:
CORTEX is a joint project of BJC Healthcare, Washington University, University of Missouri-St. Louis, Saint Louis University, Missouri Botanical Garden and Wexford Science and Technology, a Baltimore developer now owned by BioMed Realty Trust. Overlaps with main Subsidy Tracker data: none.
Source Notes:
If an online information source is not working, check the Tracker inventory page for an updated link.
