City of St. Joseph Awards $60,000,000 Tax Abatement Incentives Contract to Stj Hotel Group (April 2025)
City of St. JosephCity · St. Joseph, MO- Disclosed value
- $60,000,000
- From resolution
- Approved
- Apr 14, 2025
- Term
- 25 years
The 30-second brief
The City of St. Joseph approves tax abatement incentives for STJ Hotel Group, LLC, involving industrial development revenue bonds of approximately $60,000,000 for the construction of two new boutique hotels and one conference center with 249 hotel rooms in 2025, fitness centers, lobby bars and restaurants, pools, approximately 12,640 square feet of conference center/ballroom space and 315 surface parking spaces. The company will receive real and personal property tax abatement for a period of 25 years. This Project is expected to be completed in 2026.
Stj Hotel Group holds this tax abatement incentives contract with City of St. Joseph. Its other public contracts on record include work for St. Joseph Area Transportation Study Organization and St. Joseph Housing Authority.
Term as filed: 25 years.
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Contract details
- Contract type
- Tax Abatement Incentives
- Amount
- $60,000,000
- Document date
- April 14, 2025
- Term
- 25 years
- Vendor
- Stj Hotel Group
- Agency
- City of St. Joseph
- Source document
- city-of-st-joseph-tax-abatement-incentives-for-stj-hotel-group_efd.pdf (Resolution)
Stj Hotel Group's other public contracts
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Questions about this contract
Who was awarded the tax abatement incentives contract by City of St. Joseph?
Stj Hotel Group was awarded this tax abatement incentives contract by City of St. Joseph, as recorded on April 14, 2025. The contract value is $60,000,000.
How much is the Stj Hotel Group contract with City of St. Joseph worth?
The Stj Hotel Group contract with City of St. Joseph is valued at $60,000,000, covering tax abatement incentives work.
What type of contract is this?
This is a Tax Abatement Incentives contract, documented as a resolution record.
Where was this contract approved?
This contract appears in city-of-st-joseph-tax-abatement-incentives-for-stj-hotel-group_efd.pdf (Resolution), dated April 14, 2025 from City of St. Joseph. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Stj Hotel Group hold?
Stj Hotel Group may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of St. Joseph currently buying?
Explore City of St. Joseph's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.