Clayco is partnering with US Equities to build the project, witha small share by St. Louis-based Hutkin Development Co., which willhandle the retail portion, Chapman says. "There's still a number ofapprovals that have to be done with the city, the county and theschool district, and Clayton has to approve the density andarchitecture review that's part of the public process," he on Tuesday.

His company joined with Brown Shoe last week in gaining about$14 million in incentives to help fund the project, including $6million in tax credits and $8 million in BUILD construction bonds.According to a Brown Shoe statement, the company will seek to gainmore than $43 million in incentives for the project.

Officials from the state and city did not return calls forcomment, and a Brown Shoe spokeswoman refused to discuss theproject. In the company's statement, Gov. Matt Blunt said that theredevelopment will assure the creation of 700 new jobs and theretention of 600 existing jobs.

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