ST. LOUIS – In response to the news that FleishmanHillard will move its offices from Downtown St. Louis to Clayton, Greater St. Louis, Inc. CEO Jason Hall issued the following statement:
“Make no mistake: Downtown needs urgent investment, and it needs that investment now. Downtown St. Louis generates 20% of the City’s General Fund revenue each year. However, the City invests only 5% of its expenditures into Downtown. This is not sustainable. At a time when major leases are coming up for renewal, and when unique one-time resources like the Rams funds are available, we must act now to preserve the City’s tax base. We call on City leaders to use the Rams settlement funds to make transformative investments in Downtown infrastructure and development now, coupled with catalytic investments in North City and parts of Southeast City.
“FleishmanHillard is a worldwide leader in public relations and a proudly St. Louis-founded firm. We are pleased that they will continue to call the St. Louis metro home – one of the few major global PR headquarters outside of New York City, which speaks volumes to St. Louis’ resurgence. This decision by a longtime Downtown employer underscores the critical importance of using the Rams settlement dollars and other resources to make Downtown safe, vibrant, and beautiful. We will work with any and all partners who want to join us in this urgent effort.”
Media Contact: Tony Wyche | 314-398-9991 | Tony@GreaterSTLInc.com