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Business Community Calls for Major Investment in Downtown Infrastructure, Public Safety

Business Community Calls for Major Investment in Downtown Infrastructure, Public Safety

Greater St. Louis, Inc. and Downtown leaders — including executive-level member of the GSL Chair’s Council PGAV Chairman & Principal Mike Konzen and Kelli McCrary, Executive Director of the Downtown Community Improvement District — today called on the City of St. Louis to make a landmark investment in Downtown’s infrastructure and public safety. The call for investment comes as a newly released economic impact study of Downtown commissioned by GSL found that Downtown generates around four times the amount of General Fund revenue ($102 million) compared to estimated General Fund expenditures for services allocated Downtown ($26 million).

“As St. Louis is the economic engine of the state, Downtown is the economic engine of the City and the region. Downtown is already the metro’s major employment hub, where nearly 60,000 workers from the City and metro come to work each day. It has a growing residential population and is the front door of our region for millions of sports fans, convention-goers, and tourists each year,” said GSL CEO Jason Hall.

“The pandemic hit Downtown St. Louis and many others hard, and decades of deferred maintenance are catching up. It is long past time for a transformative investment in safety and infrastructure that will attract investment, jobs, and new residents to Downtown so that we emerge from the pandemic stronger. Given the disproportionate impact Downtown has on the metro, we urge City leaders to join the private sector in making a major commitment to funding improvements to help continue to strengthen our urban core.”

The group noted that areas to which the funding could be targeted address several elements of the Design Downtown STL plan, which was developed with input from Downtown residents, business owners, and civic leaders and was approved by the City of St. Louis in December of 2020 as the official neighborhood plan for the Downtown and Downtown West neighborhoods. The public safety and infrastructure investment would install additional cameras throughout Downtown linked to the City’s real-time crime center, finish a Downtown-wide upgrade to street lighting, implement traffic-calming measures on key thoroughfares, and make other critical upgrades throughout the neighborhood.

Read more about the call for investment Downtown.
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