Kroenke seeks “significant” subsidies for suburban St. Louis development, has zero sense of irony

Deadspin says pretty much all that needs to be said about this story:

Stan Kroenke, Fresh Off Leaving St. Louis In The Lurch, Asks St. Louis For Tax Dollars

The slightly longer version: Rams owner Kroenke and his attorney Alan Bornstein are pursuing an 1800-acre development in the St. Louis suburb of Maryland Heights that would involve retail, entertainment, office, residential and sports (no indication what kind of sports, but MLS is sniffing around, albeit more downtown than in the burbs), and are seeking “significant” tax kickbacks, possibly in the form of tax increment financing.

Nobody on the Maryland Heights council seems to be batting an eye that this is the same dude who just moved the local NFL team just 20 years after it got huge public subsidies to relocate in St. Louis — which is not all bad, since you do want these things judged on their merits and not on how warm and fuzzy local electeds feel toward the development, but also not all good, since see above re: yanking a team not long after it got subsidies. (Twitter has predictably been less kind to Stan.) Meanwhile, at least one local thinks that the location is a terrible place for tax-subsidized development:

David Stokes, the incoming director for the Great Rivers Habitat Alliance, said he thinks it’s “preposterous” that the city would think of allowing such a project in a flood plain and support it with tax money, especially in light of the damage done in parts of the region by flooding in December.

“The idea that you would subsidize 1,800 acres of flood plain development, well, it’s always a terrible idea,” he said.


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