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St. Louis post Anheuser-Busch

Ever since Anheuser-Busch and InBev came to terms on their merger/takeover, I have been thinking a lot about St. Louis’ future. Whether or not St. Louis retains an important role in the Anheuser-Busch InBev corporate structure, there is no doubt that changes are on the way.

With all the closures, takeovers and relocations St. Louis has seen in recent years, we could always take solace in the fact that the King of Beers called St. Louis home. I’m sure I’m not alone in always feeling a bit of (misplaced) pride every time I hear the tagline “Anheuser-Busch, St. Louis, Missouri” at the end of and A-B commercial. It was that one truly bright spot of international recognition that we could always hold on to. But now, its gone.

Obviously this isn’t some sort of Doomsday, but it is yet another eye-opener for the St. Louis community. In the end, this newly combined company might bring in even more tax dollars to the area, but we are going to lose an important chip in the game of marketing. Image is everything for big cities, and we are losing a major part of our long-term image.

I’m really proud of a lot of the things that have happened in the City in the past ten years, but we need to wake up and pick up our game. Stalled projects next to ballparks and new marketing slogans for the Division of Tourism don’t make people remember who we are. If we don’t step outside the box we have built for ourselves, we will continue to decline. We need to quit looking back to 1904 and start lookign ahead to the future.

The City needs to stop going on and on about projects like Ballpark Village, which they have little control over, and start worrying about things they have the power and ability to do something about. Hideous and unfunctional streetscapes through major corridors, a riverfront that would make Mark Twain cry, unsynchronized stop lights that make a five minute drive take ten, seemingly ignoring the concept of beatification in many areas: these are issues they can and should handle.

Why should any business take on the extra burden of a local earning tax if the local government can’t even provide these basic services? What can they offer that businesses can’t get in Clayton or Chesterfield? Its time for a reinvention. It’s time to show people what St. Louis can do. And it needs to start from square one.


Matt Kastner

Matt Kastner is an Investment Real Estate Consultant at St. Louis Real Estate Society in St. Louis, Missouri. He is also develops properties on the side through Threshold Properties. When he isn't representing investors in the purchase or sale of multifamily properties, rehabs, foreclosures and other income producing properties, he is often taking on rehab projects himself. He lives in South St. Louis and has been in the real estate business since 2004.

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One thought on “St. Louis post Anheuser-Busch”

  • Anonymous

    July 28, 2008 at 5:40 pm

    Truth of the matter is, St. Louis City (city leaders and citizens) CANNOT do it alone. It has to be a continued regional and state effort – like the revitalization of downtown St. Louis has been to some degree.

    Until regional forces (including dedicated local corporations) realize that downtown St. Louis and downtown East St. Louis, to a lesser degree, are the front doors of the region, St. Louis (as a region) will continue to be perceived as a mediocre by multi-national businesses. Further, as long as Clayton, Chesterfield and Creve Coeur (The 3 C’s) are viewed as viable places to locate, major businesses will struggle to view St. Louis City likewise.

    Also, if the social, educational, and racial climate of St. Louis doesn’t change, don’t expect the business climate to change too much. Businesses don’t only look for a skilled workforce and incentives, but social climate is very much a factor as well.

    A-B’s buyout is not the death knell of St. Louis. St. Louis will have many multi-national firms to grow and develop. As I see it, the recent acquisitions, mergers etc. of St. Louis companies is a sign that St. Louis is simply being forced to partake in the global economy. It has been behind the curve on the global economy. Imagine if A-B had gone after Miller or Coors. Imagine if A.G. Edwards had gone after a competitor. Imagine if May Co. had attempted to buy Saks or Federated (Macy’s). St. Louisans are too complacent and that complacency bites them in the butt.


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