Wall Street Journal Summary – WSJ downtown piece pushed St. Louis leaders to ‘keep working’
Over the Paywall – Good Info News Wire
Key Facts
- The Wall Street Journal published an article detailing the struggles faced by downtown St. Louis, specifically its poor office and retail environment.
- In response, St. Louis officials issued statements highlighting recent redevelopments, a retail-attraction incentive program, and $3.6 million worth of infrastructure upgrades on Seventh Street. They also criticized the article’s “overly dramatic, pessimistic tone”.
- The criticisms and counterpoints were later publicly issued by the SLDC, Mayor Tishaura Jones, and Greater St. Louis Inc., the region’s private sector business group.
A recent Wall Street Journal report criticising the struggling office and retail environment of downtown St. Louis has provoked a response from city officials. The officials highlighted recent positive developments and also criticised the newspaper’s pessimistic tone in their issued statements. St. Louis has undertaken significant improvements, such as a $3.6 million infrastructure upgrade on Seventh Street that includes new sidewalks, trees, lighting, and bike lanes. Additionally, they launched an incentive program aimed at attracting retail to the city center. These efforts were outlined by the St. Louis Development Corporation (SLDC), Mayor Tishaura Jones, and Greater St. Louis Inc., who all chimed in to counter the negative portrayal of the city.
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