October 23, 2007

GREEN ST. LOUIS


More green space is coming to downtown St. Louis. According to an article by the post dispatch the city’s Preservation Board gave unanimous approval for the 20 Million Dollar sculpture park that will be created on the gateway mall. A group called the Gateway Foundation, a private agency that has placed art installations around the region, is paying for the project. This project will help create another aesthetically pleasing outdoor space in downtown St. Louis. It will be near the new Old Post Office Plaza.
Investment in green projects, such as this sculpture park are useful ways to attract business and residents to the region. St. Louis has a special taxing district called the Great Rivers Greenway District which uses a 1/10th of 1% sales tax to work“for a clean, green, connected St. Louis region. To deliver its mission, Great Rivers Greenway is spearheading the development of The River Ring, an interconnected system of greenways, parks and trails that will encircle the St. Louis region, enhancing the quality of life for residents and visitors. Purchasing property near this river ring could be a wise investment. Typically property values increase around parks, so there could be the same result near this greenway. Often we get frustrated with the ways our tax dollars are spent. I think the 1/10th of 1 cent sales tax is a small price to pay for a group that is working successfully to provide green space in the St. Louis region.

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