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Owners Object to Inclusion in Chesterfield Taxing District

Owners Object to Inclusion in Chesterfield Taxing District

Date Posted: June 9, 2026

Posted In: Projects,

From St. Louis Business Journal: The city of Chesterfield has expanded a special taxing district to include nearby properties, over their owners’ objections, to help fund infrastructure and municipal services for the $2 billion Downtown Chesterfield redevelopment.

The city council narrowly voted May 4 to expand the boundaries of the Downtown Chesterfield Special Business District, with Mayor Dan Hurt breaking a tie in favor of the expansion. Property owners in the taxing district, which was created in January 2025, will vote on whether to pay a special property tax to fund infrastructure and municipal services tied to the city’s long-planned downtown redevelopment. 

The plan drew sharp opposition from representatives of prominent St. Louis companies who said they were added to the district without their consent and that they preferred to be left out. The neighboring property owners included in the expansion are St. Louis real estate firm Bamboo Equity Partners, which owns a restaurant building and real estate office in the newly expanded district, and St. Louis-based hotel developer Drury Development, owner of two hotels and a restaurant building there.

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