#CortexTIF
There’s plenty of room in the #CortexTIF lot west of IKEA, which is blighted due to presence of a fleet of Teslas.
December 6, 2025 at 3:05 PM
Cortex should pay for the section of the connector cutting through the #CortexTIF district. At least we’d know how the TIF funds are being spent.
December 20, 2025 at 4:40 PM
I’ll let you know if I receive an answer from Alderman Browning to my question 👇 on Instagram about the construction equipment that is receiving the personal property tax abatement.
#WhoBenefits?
#CortexTIF
#4140ForestPark
January 12, 2025 at 2:58 PM
Update on construction at the former Goodwill building at #4140ForestPark

A large section of facade masonry at the top floor/parapet level has recently been removed or collapsed.

Site photos taken on 1.13.25
#CortexTIF
January 14, 2025 at 2:06 PM
ICYMI!
Why doesn't SLDC ( @developstlouis.bsky.social ) have documentation of the support from Cortex, Wash U. & Alderman Browning for the incentives in BBs 139 & 140?

#CortexTIF #WhoBenefits?
Whoever ends up mayor in April needs to dismantle the St. Louis Development Corporation.

Since passage of Ordinance 71620, SLDC routinely ignores the new regulations for the incentive process.

The #STLBOA has failed to hold SLDC accountable.

See #SunshineSLDC request re: BBs 139 & 140 #CortexTIF
January 13, 2025 at 6:19 PM
Construction update delayed until tomorrow.
Stay tuned, #CortexTIF watchers.
December 5, 2024 at 10:40 PM
I attended the panel discussion at today’s “We are Cortex” event.

I skipped the “free” lunch, but did let Cortex know that I want to see an end to the blight & eminent domain in Board Bill 68.

#BOAbb68 #Cortex353 #CortexTIF
October 28, 2025 at 9:23 PM
Washington University should be ashamed! One of its numerous for-profit subsidies is appealing the assessment for #4140ForestPark

See my previous coverage of the project at:
#CortexTIF
#BOAbb139
#BOAbb140
August 21, 2025 at 2:58 PM
Will the paper of record assign two reporters to review all SLDC’s records on the #CortexTIF & #Cortex353?
February 11, 2025 at 3:21 PM
I hope the HUDZ Committee can be honest and agree that the $4 Million in TIF assistance on the table today is not an incentive for Wash U.'s #4140ForestPark project.
Site photo taken today.
#ButForFAIL #CortexTIF #TellusTheTruth
December 10, 2024 at 3:24 PM
TIL that the average compensation for the five highest earners employed by Cortex topped $325K in 2024.
#Cortex990

Who benefits from the #CortexTIF?

On its recent annual impact reports, Cortex doesn’t disclose revenue sources in the financial section. Only expenses are documented.
December 29, 2025 at 6:16 PM
Whoever ends up mayor in April needs to dismantle the St. Louis Development Corporation.

Since passage of Ordinance 71620, SLDC routinely ignores the new regulations for the incentive process.

The #STLBOA has failed to hold SLDC accountable.

See #SunshineSLDC request re: BBs 139 & 140 #CortexTIF
January 10, 2025 at 6:36 PM
Photo of the #4140ForestPark site.
The final vote on board bills 139 & 140 will be at the Jan. 10 full BOA.
On 11/13, SLDC did not inform the TIF Commission and public of the separate (“non-TIF”) incentives for Wash U’s unidentified anchor tenant.
SLDC’s obfuscation must stop. #CortexTIF
/1
January 2, 2025 at 7:31 PM

#CortexTIF subsidy confusion!

A $7.8 M developer fee is included in the "detailed project proposal" provided by SLDC yesterday in response to Sunshine request R002513.(left)

There is no developer fee in the proposal's budget that was provided to the TIF Commission (11/13) & HUDZ (12/10). (right)
December 12, 2024 at 8:04 PM
I think Browning's service on the Cortex board presents a conflict of interest that should have precluded his sponsorship of #BOAbb68
Browning should have recused himself from all BOA deliberations on the bill.
Cortex board members are listed here: www.cortexstl.org/about/our-team

#CortexTIF
October 31, 2025 at 7:52 PM
Today at 11 a.m.
#HUDZ hearing on Wash U’s 4140 Forest Park project.
Testify via Zoom, in-person or submit written comment.
#CortexTIF
Details in quoted posts ⬇️
Testify on the #CortexTIF bills at the 11 a.m., Dec. 10 #HUDZ Committee hearing at City Hall or Zoom.
Details: tinyurl.com/364x6jfx
#BOAbb140 $4 M TIF
#BOAbb139 Tax abatement

Submit written testimony to: boameetings@stlouis-mo.gov
Emails for HUDZ alders: tinyurl.com/yc6jyvyb
#ButForFAIL #CortexTIF
December 10, 2024 at 1:29 PM
I heard the term “cynical money grab” on NPR this morning. Very apt for #CortexTIF & #CortexIDA
December 6, 2024 at 12:54 PM
I’ll dust off my #CortexTIF files to prepare for the public hearing by #HUDZ on #BOAbb140
December 4, 2024 at 11:20 PM
🔥 Contact your aldersperson & PBOA Green ASAP about the #CortexTIF
legislation.
Vote No on #BOAbb139 #BOAbb140 & Res. 203
Hey, St. Louis, do you support public schools and good governance? If so please call or email your Alderman ASAP and urge them to Vote No on BB139, BB140 & Res203 providing unnecessary property tax abatements. They're being rushed through the process and will be debated tomorrow.
December 12, 2024 at 11:52 PM
St. Louis City Alders are headed to make a big mistake. Again.

#BB83 for more corporate welfare within #CortexTIF is not only unnecessary, it's fiduciary malfeasance.

🧵
How bleak is this $1M sales tax break? Oddly no financial analysis is provided in the bill, but based on the expected jobs and salaries provided, simple math shows that the project's earnings and payroll taxes will only generate around $34K/yr. It'll take 2+ decades to generate $1M in city taxes.
Excessive TIF is bad enough. But piling on even more tax breaks seems particularly bleak.
November 19, 2025 at 12:25 AM
"It seemed to me that the TIF funds were appearing more like developer slush funds for the city to use to direct development than actually helping to rectify a blighted area that wasn't going to be developed otherwise," Keathley said.

Who'll blow the whistle on the #ButForFAIL of the #CortexTIF?
December 9, 2024 at 3:43 PM
Does anyone believe that WUSTL won't complete the #4140ForestPark facility in the event that the City does not approve $4 M in TIF?

Wash U's Asst. Vice Chancellor for Real Estate, Steve Condrin, spoke on behalf of WUSTL-affiliated developer 4140 ML LLC at the 11.13.24 TIF Commission.
#CortexTIF
Construction is so far along that it will certainly be completed regardless of incentives, so it's kind of odd to give a $4M thank-you gift to WUSTL, who has a $12 Billion endowment.
Happy #BOAfriday!
The full BOA meets at 10 a.m. today.
Alderman Browning will introduce #BOAbb140 for $4 Million in TIF funding for #4140ForestPark
Given that construction has already started, the project clearly fails the “but for” test. Testify at the #HUDZ hearing on Dec. 10 at 11 a.m.
December 8, 2024 at 7:27 PM
Today’s construction 🏗️ gallery from Washington University’s #4140ForestPark project.
Details on the equipment for C2N Diagnostics that is to receive a personal tax abatement have not been disclosed.
The specific use of the new 4 story addition is not known to me.
#CortexTIF #BOAbb139 #BOAbb140
March 7, 2025 at 9:44 PM
"The bill failed to receive a two thirds majority approval, after only receiving seven yes votes when it needed eight. Five aldermen voted against the measure."

Roll call vote tally pending. 3 members of the BOA didn't vote on #BOAbb68 I don't know if any alders were absent.

#Cortex353 #CortexTIF
October 24, 2025 at 7:48 PM
Will Cortex have the nerve to seek incentives for development of the prime location in Midtown at #3901ForestPark?
Keep your eyes on SLDC’s webpage for TIF Commission meeting materials.
#CortexTIF
Moving forward: “Air St. Louis” at 3901 Forest Park will go before the Board of Adjustment on March 26. Expect an easy approval ✔️
March 7, 2025 at 5:49 PM