If one trend draws near-universal contempt from America’s urban commentariat, it is that declining cities still subsidize fancy developments to spur “revitalization.” For decades, publicly financed malls, stadiums, and convention centers have been built in cities from Stockton to Baltimore. These projects’ general failure to profit, much less boost their surroundings, raises the question of when they will finally be dismissed as growth strategies. Apparently, it won’t be in St. Louis.After years of delay, the $100 million Ballpark Village has opened downtown. The large indoor entertainment complex, developed by Cordish Co., is a stereotypical booze haven featuring a retractable-roof concert space, and numerous upscale bars and restaurants. Future phases will include residential and office space, as part of a $650 million master-planned project.
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