St. Louis is finally developing after 50 years of decline. When talking about development it all comes back to investment. STL Develops is a commentary on investment in St. Louis. Below are the two top definitions of investment according to dictionary.com, which explain the focus of this blog.
1) To commit (money or capital) in order to gain a financial return: invested their savings in stocks and bonds.
2) a. To spend or devote for future advantage or benefit: invested much time and energy in getting a good education.
b. To devote morally or psychologically, as to a purpose; commit
Before worrying about the first investment, St. Louis needs to focus on the second element of the definition. How can we get the community to morally and psychologically devote their time, energy and money to developing St. Louis?
September 25, 2007
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