urbanSTL

Surprising that suburban politicians would go for that. Any information on whether other downtowns will qualify?

addxb2 wrote: ↑

7:15 PM - Jan 03

Surprising that suburban politicians would go for that. Any information on whether other downtowns will qualify?

Anyone downtown in the state can

addxb2 wrote:Surprising that suburban politicians would go for that. Any information on whether other downtowns will qualify?

I can't imagine it will pass.

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Only $90M in building permits issued ytd. Slow start.

quincunx wrote:Only $90M in building permits issued ytd. Slow start.

Aldermen trying to ignore they sunk STLs building pipeline. Bret Narayan is somewhere ignoring his email inbox full of developers begging to build. Pres. Green is somewhere giving a TED talk about how to tweak incentive scorecards behind closed doors.

So. Much. Winning.

I thought Spencer was going to fix all that. 

Building permits for housing are still way down from 2022 and even lower than 2023. The nuanced mind would say this is a problem that extends far beyond the Board of Aldermen. But anything to score some political points for wealthy private developers I guess.

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Here's just residential

2020	2,008	$217,055,107.64	33
2021	2,446	$237,870,254.32	33
2022	2,371	$210,947,800.79	29
2023	2,286	$127,187,690.00	14
2024	1,866	$173,029,777.12	22
2025	2,359	$270,880,269.78	22
2026	402	$48,040,267.95	8

Thats brutal

Some of the permits classified as commercial are for residential as well

quincunx wrote: ↑

8:52 PM - Feb 28

Here's just residential

2020	2,008	$217,055,107.64	33
2021	2,446	$237,870,254.32	33
2022	2,371	$210,947,800.79	29
2023	2,286	$127,187,690.00	14
2024	1,866	$173,029,777.12	22
2025	2,359	$270,880,269.78	22
2026	402	$48,040,267.95	8

Am i reading something wrong, this year is only two months old, or is the 2026 report for last year?

For 2026 it's year to date. For the other years, it's the whole year. If the pace of the first two months continued through the rest of the year, it'd end up at $288M. For 2025 and this year, we should consider there is tornado repairs in there.

Regarding incentives or lack thereof, there are also projects that had their incentives approved which aren't moving either.

quincunx wrote: ↑

8:35 PM - Mar 01

For 2026 it's year to date. For the other years, it's the whole year. If the pace of the first two months continued through the rest of the year, it'd end up at $288M. For 2025 and this year, we should consider there is tornado repairs in there.

Regarding incentives or lack thereof, there are also projects that had their incentives approved which aren't moving either.

are these all new permits or permits due to tornado damage?

Both

Is there any sort of YIMBY reforms the BoA can do that would accelerate rebuilding? I’d love to see neighborhoods redeveloped with row housing and more transit oriented development. Of course that would also require building more transit.


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There's the zoning redo going on rn, but that only goes so far.
Rents and sale prices have to go up and/or materials, labor, and financing have to get cheaper and/or govt fills the gap with subsidies and tax breaks.

quincunx wrote:There's the zoning redo going on rn, but that only goes so far.
Rents and sale prices have to go up and/or materials, labor, and financing have to get cheaper and/or govt fills the gap with subsidies and tax breaks.

Labor is such a HUGE part of the equation, particularly the mechanical, electrical, and plumbing labor.

Unfortunately, at the moment, roofers are suffering too. They tend to use a lot of immigrant labor.

Building Division delivers online platform for submitting permit applications. 
https://www.stlcitypermits.com/PublicPermits.aspx
Welcome to 2026 St. Louis. 

Will they post the permits database again?

It is going to be tough for St Louis region in the immediate near term.   Lets not forget a slow growth region only needs so many units on top of the fact that our govt has put lid on Immigration across the board.  Just to add to all this is the reality of a stagnate job market.   

To me, the city focus on improving walkable, good pedestrian access towards transit will help it land more multifamily residential while the single residential is more and more becoming an upper demographic.  In the meantime, maybe the modular construction can gain some traction as starter homes.  

Another slow month of building permits issued, $169M ytd.

Yeesh that’s so low


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