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.