The planned $340 million redo of the Federal-Mogul foundry in midtown St. Louis as a trendy food hall and high-rise apartments and offices includes taxpayer help.

Many tax incentives are proposed to help finance the project’s $134.2 million first phase. The largest, if approved by city officials, would be $19.4 million in tax-increment financing. Also factored into the project are $14.9 million in federal historic preservation tax credits, $17.4 million in state historic preservation tax credits and $5 million in state brownfields tax credits for environmental cleanup.

If fully built, the project would have more than 755,000 square feet of office, retail and residential space on nearly 17 acres east of the Cortex technology district. Lawrence Group, the developer, estimates 1,800 new jobs at the project it calls City Foundry St. Louis at Cortex.

Tax-increment financing would total 14.5 percent of the first-phase cost and pay for much of the infrastructure needed for the entire project. The request meets the city’s guideline that TIF covers about 15 percent of a redevelopment project’s cost. The TIF Commission could decide the City Foundry request at a public hearing Nov. 2.