Following the St. Louis Rams’ relocation to Los Angeles, a $790 million settlement was reached, with $250 million allocated to the City of St. Louis. Recent discussions have focused on utilizing these funds, with $232 million proposed for revitalizing downtown St. Louis and supporting needy neighborhoods. A key element of this plan is a pledge from the private sector to significantly enhance the city’s investment.
Greater St. Louis Inc., a prominent regional business organization, has announced plans to contribute at least $200 million in private funds to complement the city’s proposed investments. This public-private partnership aims to strengthen infrastructure, housing, and economic activity downtown and in neighborhoods on the north and southeast sides. These areas are critical to driving long-term economic growth and addressing pressing community needs.
The proposed allocation of funds would designate $102.5 million for downtown improvements and $130 million for projects in underserved neighborhoods. Greater St. Louis advocates for focusing on downtown as a vital economic hub, citing its role in generating substantial tax revenue that benefits the entire city. By directing resources toward downtown and beyond, the organization aims to spur development and attract additional federal and private funding.
City officials have also emphasized the importance of aligning investments with community priorities. Earlier this year, residents participated in a public voting process to outline their top funding needs, which included water main replacements, traffic calming measures, city worker pay raises, and childcare subsidies. Downtown infrastructure improvements were also considered a priority, though they ranked slightly lower.
Discussions have continued between the city’s leadership and business groups to ensure that plans reflect both immediate economic opportunities and long-term benefits for residents. While different strategies have been proposed, the overarching goal is to maximize the impact of the settlement funds on the city as a whole. Like those proposed by Greater St. Louis Inc., collaborative efforts aim to replicate successful models in cities such as Pittsburgh and Denver, where public-private partnerships have amplified local investments.
Header image: Construction is underway to connect two major Downtown anchors with 7th Street between Ballpark Village and America’s Center on Washington Ave. Image courtesy of Greater St. Louis Inc.