Real Estate Tax Abatement

Tax abatement for real estate development in the City of St. Louis.

Overview

  • Real Estate Tax Abatement is a development tool designed to assist developers, businesses, and individuals with renovation and new construction projects.

  • Tax Abatement freezes the tax assessment in improvements to property at the pre-development level.

  • 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.

  • Application must be made before construction begins.

  • The usual term for tax abatement is 5 to 10 years.

  • 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.

  • 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.

Contacts

Aminah Wright
Project Manager - Development Incentives
(314) 657-3739
Email & full profile

Zachary Wilson
Project Manager - Development Incentives
(314) 657-3773
Email & full profile

Forms and Documents

Residential Recommended Tax Abatement Map


Recommended Real Estate Tax Abatement map

Tax Abatement Parcels Map


Real Estate Tax Abatement Parcels

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