from the St. Louis Post-Dispatch (4/28):
THE STATE OF DOWNTOWNS Boosters meet here, foresee long-term growth Revitalization plans stall, but an eventual comeback is expected.
By Tim Logan
"The housing market's in a slump. Credit is hard to come by. The economy as a whole is looking grim.
And that was on the minds of many Sunday at the spring conference of the International Downtown Association, being held at the Renaissance Grand hotel.
As in St. Louis, central city districts all over the country have been popping with new growth in recent years, add-ing housing, residents, restaurants and stores.
Now, in many places, that growth is stalling. And that had this group of downtown boosters looking for ways to pull through.
"It is, in fact, a little difficult to find good news out there," said Patrick Phillips, president of Economic Research Associates, a Los Angeles-based real estate consulting firm." ....
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