The Missouri city will host the 2028 Olympic soccer group stage and knockout matches.
The upcoming Olympic and Paralympic Games have sparked massive investment in downtown redevelopment and revitalization — in St. Louis, Missouri. The city will host the 2028 Olympic soccer group stage and knockout matches, prompting it to create the Downtown St. Louis Sports And Entertainment Community Improvement District, aimed at encouraging downtown redevelopment. The district will receive $4.5 million in funding per year for public safety infrastructure, street lighting initiatives and sports and entertainment events.
Smart Cities Dive reports:
“It’s a vibrant time in St Louis. The next three years are going to be maybe the greatest investment in the urban core since the [1904] World’s Fair,” Ron Kitchens, managing partner of the economic development nonprofit Greater St. Louis, told Smart Cities Dive.
A new public-private partnership in St. Louis also aims to spend $55 million — which the city received as part of a lawsuit settlement when the St. Louis Rams National Football League team moved to Los Angeles — on downtown redevelopment. St. Louis also passed a bill in July that creates millions of dollars in tax incentives for downtown innovation zones, Smart Cities Dive reports.
Read the full story: How the 2028 Olympics is shaping downtown revitalization — in St. Louis
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The Missouri city will host the 2028 Olympic soccer group stage and knockout matches.
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