I believe the TIF directs half of the sales tax toward the TIF district. The city's tax rate is 4.266% (on top of state sales tax). If this store does $100 million in sales anually, the city would see a little over $2 million in sales tax revenue per year, the other $2 million going to CORTEX for infrastructure improvements.Q: How much new revenue can the City look to recognize coming from IKEA coming to Midtown?
Gosh, it would feel so wrong to look at that map, see the dot in St. Louis's place, with the tag "Fenton."framer wrote:I love the fact that our's will say ST. LOUIS, not Merriam or Bloomington or West Chester.
ST. LOUIS (KSDK) – IKEA officials confirm that the Swedish furniture giant will announce plans for a local store Wednesday morning.
The proposed IKEA would be the first in Missouri and one of only 38 IKEA stores in the U.S. A Kansas City-area IKEA is slated to open in Fall 2014 in Merriam, Kansas.
Additional details about the exact location, store's size and timing will be announced at the press conference.
Ikea is finally ready to make its announcement.
The Swedish retailer put out a news advisory just before 11 p.m. Tuesday — after the evening newscasts — that it will hold a news conference at 10:30 a.m. Wednesday to announce plans for a proposed store in St. Louis.
The news conference will be held inside a CORTEX building on Forest Park Avenue, close to the site of the proposed store.
Doubt it. Slay will probably have 4 or 5 undercover cops mixed in the crowd with their stun guns primed.flipz wrote:Are they looking for input on the site plan at the press conference?
I know it's pretty lame of me, but over this past holiday weekend I was bored with my relatives so I took a half hour or so to myself and read this entire thread from beginning to end. It was actually pretty entertaining.quincunx wrote:Man, this thread is almost 9 years old. Check out the first page.
rawest1 wrote:I know it's pretty lame of me, but over this past holiday weekend I was bored with my relatives so I took a half hour or so to myself and read this entire thread from beginning to end. It was actually pretty entertaining.quincunx wrote:Man, this thread is almost 9 years old. Check out the first page.
First post - almost 9 years to the day - Van Der Werf has been gone from the Post for years, news about a potential Java Plus was pretty big back then - What ever happened to Urbanstlouis - he (assume he) started this whole thing?urbanstlouis wrote:St. Louis Post-Dispatch columnist <A HREF="http://www.stltoday.com/stltoday/busine ... >[b]Martin Van Der Werf[/b]</A> uncovered new rumors of a possible opening of an IKEA in St. Louis. Of course, IKEA denied the rumors and said their expansion plans are nearly finalized through 2008...
Martin Van Der Werf also reported that Ted Geiger is talking with building owners on Washington Avenue and in the Central West End about putting Java Plus in building lobbies. His first Java Plus opened in the Interco Tower at 101 South Hanley Road in Clayton. In addition to serving coffee, soft drinks, packaged sandwiches and snacks, Java Plus also serves salads from Geiger's Fuzio Universal Pasta franchise.
