Committee advances redevelopment plan and 10-year abatement for 5105 Cabany Avenue

Alderman Charmaine Clark Hubbard introduced Board Bill 55 on Tuesday, which approves a redevelopment plan dated Jan. 28, 2025, for 5105 Cabany Avenue and seeks a 10-year tax abatement based on 75% of the assessed value of improvements. The bill was advanced out of committee with a due-pass recommendation.

Clark Hubbard said the property is in the Academy Sherman Park neighborhood and that the family whose property is the subject of the bill had begun rehabilitation prior to the May 16 tornado; she said the abatement tool can assist residents in recovery. Zach Wilson of the St. Louis Development Corporation told the committee the application was received before the tornado and the rehab work began before the storm.

Wilson said the project’s total value is under $1 million, so the project does not require a full developer packet. He described the city’s tax-abatement map (adopted in 2018) and said SLDC updates its internal map routinely every couple of years.

Committee members asked clarifying questions about the map and process; members expressed support for using the abatement tool to help residents recover and repair homes. The sponsor asked for a due-pass recommendation, and the committee approved the motion to advance the bill. No public commenters spoke on the item during the meeting.

What’s next: The measure will be forwarded to the Board of Aldermen with a due-pass recommendation. The committee record lists the redevelopment plan date and the statutory language referenced in committee materials; the clerk noted passage by previous roll.