Read the full April 24 GSL newsletter

The New York Times wrote this week that when St. Louis’ Old Courthouse reopens on May 3 after a $27.5 million renovation, it will serve as a reminder of both hope and renewal. The 163-year-old building, which originally opened in 1862, has served as a turning point for significant moments in U.S. history, and its renovation offers a reflection of the nation’s past and a bridge to St. Louis’ future.

The project is the last phase of the CityArchRiver Project, the $380 million public-private partnership that funded the renovations of the Gateway Arch National Park and the Museum at the Gateway Arch, which have helped better connect the national monument with Downtown St. Louis. The Old Courthouse renovation expands that connection, serving as yet another touchpoint to bring visitors Downtown — and a world-class reason to turn eyes toward St. Louis.

The Bottom Line: “Downtown must succeed for St. Louis to succeed, and this reopening is part of that,” said Ryan McClure, Executive Director, Gateway Arch Park Foundation, a GSL Investor Council member. “There’s concerted efforts by lots of civic organizations in ways that I don’t think we’ve seen in generations, to bring back the core of our city.”