Locating your business in the City of University City is a great step toward stability and growth. With approximately 40,000 residents, University City is one of the largest full service communities in the St. Louis Metropolitan area. Businesses make their home in University City for reasons which are proven to contribute to their success: access to the qualified work force within University City and surrounding areas; people dedicated to fueling the diverse economy; one of the most affordable cost of living rates among the nation’s urban centers; and unique elements like the U. City Loop, Center of Contemporary Arts and a diversity of ethnic businesses.
Whether you are seeking a pedestrian environment or a site along a major thoroughfare, University City can meet your locational needs. The City offers excellent redevelopment opportunities and a variety of state and local economic incentives geared toward launching and sustaining business ventures.
Location, location, location
University City lies at the western edge of St. Louis, Missouri, in the center of the Greater St. Louis Metropolitan region of Missouri and Illinois. Interstate I-170 and other primary roadways connect University City to the rest of the Metro region, with Lambert-St. Louis International Airport only minutes away. University City was one of the first suburban interfaces to Metrolink, the region’s light rail system which is used by thousands of riders each day.
Small town amenities, Big city attraction
The mix of suburban friendliness and urban elements has never been more embodied than in University City.
The City has extensive mature tree cover, more than 200 acres of park space and a nine hole municipal golf course. There is a unique character to the City’s neighborhoods, with a wealth of housing options as diverse as our residents. The area’s cost of living is less than the national average and by far the lowest of any Midwestern metropolis. For businesses, lower overhead costs convert into increased profitability and healthy growth potential.
Historic landmarks and districts are preserved and promote University City’s rich educational, cultural and economic history. The U City Delmar Loop is one such historic district that includes book and record stores, restaurants and cafes, a movie theater, galleries, boutiques and nighttime entertainment venues. The American Planning Association named the Delmar Loop one of the nation's "Great Streets". Buildings along Olive Boulevard, a second major commercial corridor, include some of the oldest surviving commercial structures in the region.
The people of University City represent a powerful and skilled resource. University and high school students and new and seasoned professionals form a deep pool of potential employees to fit the needs of any business.
Both University City and the State of Missouri make available several economic programs to assist in the establishment or relocation of firms to the area. Some examples of programs are:
· Tax-free Industrial Revenue Bonds
· Tax Increment Financing
· Property Tax Abatement
· Low Interest Bonds
University City can also provide assistance with finding appropriate commercial space for sale or lease or vacant parcels of land that may be available for development. We can also provide statistical data, undertake economic research, and assist with City regulations and permitting process.
For more information, follow the links to the left or contact Laura Zacher, Manager of Economic Development, Department of Community Development at (314) 505-8500.