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Taxpayers Need To Pay To Rebuild Dead Highway Site, Not Stadium

December 26, 2016 Featured, Missouri, Politics/Policy No Comments

Like governor-elect Greitens, I’m opposed to tax supported stadiums for millionaire team owners. However, I also recognize there are places where strictly private funding can’t get the job done — public money is needed to seed development.

A proposed MLS stadium would be built here, the site of a long-dead planned highway project
A proposed MLS stadium would be built here, the site of a long-dead planned highway project

Decades ago Missouri & St. Louis used taxpayer money to buy and raze a huge area West of Union Station for a planned highway that’s long dead. This vacant hole has been a huge negative, preventing smaller private investment all around from spreading to improve the tax base and employment.

It took taxpayer money to raze the neighborhood that once existed here — it will take taxpayer money to undo the damage. Regardless of what goes here — public money will be needed.

I haven’t reviewed the MLS stadium proposal, but it could potentially spur other development that would, in time, completely fill in this hole, St. Louis & Missouri needs to look at the long-term pros & cons to investing in this area. No doubt the proposal is heavily tilted in favor of the would-be team owners, that’s why it needs to be scrutinized and revised. But outright rejection is saying this huge dead hole is ok as is for another 2-3 decades.

— Steve Patterson

 

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