Real Estate Tax Abatement
Tax abatement for real estate development in the City of St. Louis.
Overview
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Real Estate Tax Abatement is a development tool designed to assist developers, businesses, and individuals with renovation and new construction projects.
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Tax Abatement freezes the tax assessment in improvements to property at the pre-development level.
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To be eligible for tax abatement, a significant investment must be made in the property; generally either new construction on vacant land or gut rehabilitation of an existing building.
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Application must be made before construction begins.
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The usual term for tax abatement is 5 to 10 years.
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It is imperative that a company or individual seeking tax abatement obtain the support of the Alderman of the Ward in which the development is proposed as well as the appropriate neighborhood organization(s).
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A "recommended Abatement Map for Residential Projects Under
$1 Million" was adopted by the Board of Aldermen through resolution 104 which was passed by the board on 10/29/2018.
In This Section
Contacts
Zachary Wilson
Vice President
Economic Development Incentives
wilsonz@stlouis-mo.gov
314-657-3773
Linda Criss
Administrative Assistant II
Economic Development Incentives
crissl@stlouis-mo.gov
314-657-3771
Andrew Knop
Development Incentives Analyst
Community Benefit Analysis
knopa@stlouis-mo.gov
314-657-3737
Jake Narup
Development Incentives Analyst
Fiscal Impact Analysis
narupj@stlouis-mo.gov
314-657-3723
Madeleine Swanstrom
Incentive Compliance Manager
swanstromm@stlouis-mo.gov
314-657-3824
Residential Recommended Tax Abatement Map
Recommended Real Estate Tax Abatement map
Tax Abatement Parcels Map
Real Estate Tax Abatement Parcels