Economy

The Cape Girardeau Regional Airport is reviewing proposals from new air carriers. The addition comes at the end of a two-year contract set to expire in November between Cape Air and the Department of Transportation, which provides flights to St. Louis.

Cape Girardeau Regional Airport manager Bruce Loy said the airport board expressed interest in changing their popular hub from St. Louis to another destination that wouldn’t compete with Interstate 55.

Cape Girardeau city development officials have issued a request for proposals from developers for three blighted properties in the city’s downtown. If selected, developers have the opportunity to have properties 631, 633, and 635 on Good Hope Street donated to them at no cost, and also a tax lien waived, if they complete the project.

Director of development for the city of Cape Girardeau, Alex McElroy, says the buildings were slated for condemnation, but were given a second chance.

The Cape Girardeau City Council passed a tax increment financing incentive, also known as a TIF incentive, on a downtown building renovation project Monday. Two buildings are involved with the project, which comprise 1 North Main Street.

Jason Coalter with Centurion Development says a new farm-to-table style restaurant, an event center and a covered rooftop pavilion could potentially fill the space, which still houses original hardwood floors and 100 year old brick.

On Friday, January 27, 2017, I took the first ever ride given by carGO, Cape’s new ride sharing company.