Revitalizing St. Louis: Innovation and Investment

This chapter explores the efforts to revitalize downtown St. Louis through the establishment of an innovation district, focusing on transforming spaces like the old Post-Dispatch building for modern use. It highlights the challenges faced in investment strategies within an Opportunity Zone and the obstacles traditional banks encounter in fostering innovation. The chapter underscores the importance of partnerships between banks and startups, while emphasizing the uncertain nature of true innovation as illustrated by the evolution of payment processing products.