Economic Development Dept.

Economic Developer: Norm Lucas
Economic Development Assistant: Tamara Burns

(573) 431-3579 Ext. 35
Fax: (573) 431-2327

5 Municipal Drive
Park Hills, MO 63601

News for Business

• FBI has opened a web site about local bank robbery suspects for small business managers and banks.
• U.S. Dept. of Commerce offers a free web seminar for entrepreneurs learning to protect their intellectual property while exporting.

Highway 67 Corridor Redevelopment Project

The City of Park Hills Tax Increment Financing Commission anticipated and planned for the 50,000 square foot expansion of an existing retail outlet. The commercially zoned area around the retail establishment will benefit from the newly built outer road and interchange. Additional retailers will be offered opportunities to locate at the 55 acre site.



The outer road and the interchange are constructed to serve the St. Francois County Fairground area with safe, convenient access for the 35,000 average daily traffic movements. The Fairground area already benefits from Park Hills sewer and water service, Missouri Natural Gas service and three-phase electric service through AMEREN.

Parkway Interchange TIF Redevelopment Project

Tax Increment Finance has been established to fund road construction through the district. The Park Hills IDA and the Economic Development Department have coordinated with property owners and local utilities to improve traffic circulation around the available acreage at the new Parkway Drive interchange on U.S. Highway 67. Tracts available for development are depicted in color below. Over 34,000 average daily traffic movements were recorded for the Highway 67 corridior in 2002. The Parkway Drive area already benefits from Park Hills sewer and water service, Missouri Natural Gas service and electric service through AMEREN.

Parkway Interchange TIF District

Downtown TIF Project

The City Council proposed a TIF Area for the downtown central business district. Areas slated for potential redevelopment are depicted in color below. The TIF Commission held a public hearing on the proposal Thursday, June 16 and the City Council approved the District for redevelopment. A new grocery, a library facility, a parking lot, a roundabout and other street improvements have been constructed downtown.

Click on the map to view or download in PDF form.