Public Meeting Handout (December 8, 1998)

Project Type Categories

Development Financing

• Lawson Commons (St. Paul)
  • 382,000 sq. ft. office
  • 1,075 space parking facility
  • Total Development Cost: $105.0 million
  • Public: $46.4 million
    • TIF G.O. bond
    • Local sales tax revitalization loan
  
  
  
• Renaissance Center (Detroit)
  • Office-retail-hotel complex
  • Total Development Cost: $572.0 million
  • Public: $15.0 million
    • State grant
    • DDA TIF grant
    • Street infrastructure improvements only
  
  
  
• Eli Lilly Corporate & Technology Center (Indianapolis)
  • Office-research complex
  • Total Development Cost: $1.0 billion
  • Public: $35.0 million
    • Infrastructure improvements
  
  
  
• LaSalle Plaza - Phase I (Minneapolis)
  • 747,000 sq. ft. office-retail complex, new YMCA, State Theater renovations
  • Total Development Cost: $143.0 million
  • Public: $24.0 million
    • Local tax increment

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588-0458
e-mail:amyr@downtownnow.org
OR
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622-3400
e-mail:dwntnnow@stlouis.missouri.org