An economic impact study conducted by St. Louis-based PGAV, commissioned by CITY SC and Greater St. Louis, Inc., shows the MLS franchise generated more than $168 million in economic impact for the St. Louis region during the 2023 season.
The study also found the construction of CITYPARK and its 32-acre campus created an additional $1.4 billion in economic impact since 2020. The direct cost of the privately-owned stadium campus – which includes the stadium, team training facility and practice fields, team store, parking garage, and corporate headquarters – was $667 million. The overall impact includes approximately $122 million in incremental tax revenue, including $33 million in local and state tax revenue, and $15 million in infrastructure upgrades to lighting, sidewalks, bike paths and streets in the surrounding area.
“Downtowns are changing. They aren’t just business districts, or even residential neighborhoods. Downtowns connect people together – through sports, civic monuments, entertainment districts, and events as well as businesses and residents,” said Carolyn Kindle, St. Louis CITY SC CEO and ownership group member. “CITY SC plays an important role in bringing people together through the power of sports, but we are only part of a larger evolution for our downtown area, one that we hope brings more vision, investment and more people to our region.”
