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ST. LOUIS — It has been roughly eight months since the announcement that a long-awaited franchise was coming to the Gateway City. However, some people do not know what expectations they will have during the time duration leading to the team’s MLS debut in 2022.
So, what is part of their plan to reform the west side of downtown St. Louis? Here is a look:
An updated digital press kit on the website reveals some of the steps #MLS4THELOU has been working on since the franchise announcement last fall. Here are some of their bullet points regarding their commitment to the downtown district which would be home of the 28th franchise in MLS history:
The St. Louis MLS ownership group is the rarest in the sporting world: majority-female ownership, St. Louis-based and have deep ties to the community — both in business and philanthropy.
The Taylor family — of Enterprise Rent-A-Car empire renown — has a long-standing commitment to the city’s revitalization. This has been proven through many philanthropic and infrastructure initiatives the family actively has involvement or has made significant investment throughout the region.
The ownership group will commit to being an exceptional club and neighbor in the Downtown West district. This includes maintaining open lines of communications with key civic, community and business leader to build an equitable and vibrant St. Louis.
The entire operation is exclusively and overwhelmingly funded by private interests, with no tax dollars involved. The ownership group maintains that they have no intention to ever request city tax revenue or tax increment financing at any period of time.
The group has already made an agreement to purchase and own not just the stadium, but the land surrounding it. This allows the city to collect property taxes they have not received in decades. Regarding land that was purchased via an acquisition from the Missouri Department of Transportation, they will pay property tax based on a value assessment, which would be paid at that rate for a term fo 25 years.
The funding of the entire stadium and team facilities construction project is paid by the ownership group. No city revenues will be spent on these projects.
There are some things the ownership group is working with the City of St. Louis, which they hope will be met with reasonable concessions and approvals.
Some of these include:
The preceding was a report published by Jake Leonard from Heartland Newsfeed in partnership with Gabriel Schray from Midwest Sports Network.
For more sports news, follow Jake Leonard @JakeLeonardWPMD and Heartland Newsfeed @HLNF_Bulletin, as well as Gabriel Schray and Midwest Sports Network on Twitter @MWSNsports. Additionally, you can like the MWSN page on Facebook. You can also find Schray on Twitter @SchrayGuy.
You can also follow Heartland Newsfeed on Twitter @HLNF_Bulletin. Additionally, you can follow Heartland Newsfeed on Facebook and Reddit among other platforms.
Jake Leonard, a broadcast media and journalism veteran, is the editor-in-chief of Heartland Newsfeed. Leonard is also GM and program director of Heartland Newsfeed Radio Network, wrestling editor and contributing writer for Ambush Sports, a contributing writer for My Sports Vote and Midwest Sports Network, and a former contributor to Bleacher Report and Overtime Heroics. He resides at home in Nokomis, Ill. with his dog Buster.
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Written by: Jake Leonard
#MLS4THELOU MLS MLS news sports news
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