Wal-Mart Subsidies in Fenton, MO
Store Details
City Fenton
State MO
Address 635 Gravois Rd
ZIP code 63026
County St. Louis
Type of Facility discount store
Year Opened 2001
Value of Subsidies $10 million

The city used sales-tax increment financing for land preparation on two retail developments put together by THF Realty. One included a Wal-Mart and several smaller stores and restaurants; the other had a Lowe's, Target, Kohl's, and about 30 smaller outlets. We assumed that one quarter of the $40 million total tax increment financing was attributable to the Wal-Mart development, since it was one of four large anchor stores. The Wal-Mart replaced a smaller store in the same town.

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2007 Good Jobs First. This site is in no way connected with Wal-Mart Stores, Inc. or any affiliate of Wal-Mart Stores, Inc.