CityArchRiver 2015 organizers applaud voters for approving funding for Arch grounds improvements, regional trails and local parks
On Tuesday, April 2, voters in St. Louis County and the City of St. Louis approved Proposition P, a ballot measure that provides funding for regional parks and trails, and improvements to the Gateway Arch grounds as part of the CityArchRiver 2015 project. CityArchRiver 2015 organizers applaud voters’ recognition of the importance of parks, trails and the Arch grounds to the livability and vitality of the St. Louis region.
“We thank the people of St. Louis County and City for continuing to value parks and trails and for investing to enhance the Arch experience for everyone,” said Walter Metcalfe, Jr., chairman of the CityArchRiver 2015 Foundation. “CityArchRiver 2015 is a public-private partnership and the product of extensive public input, professional planning and regulatory oversight over four years. Voters chose to provide funding for improvements to the Arch grounds just as private funders in our community and around the nation are supporting this project.”
Great Rivers Greenway District will oversee $9.4 million in annual funding for improvements to the Arch grounds, which will be bonded to fund approximately $90 million of the $380 million CityArchRiver 2015 project. The remaining funding comes from $69 million in federal, state and local funding and $250 million in private funding for project costs and an endowment for a conservancy to maintain the improvements.
“Approval of Proposition P allows project partners to move forward immediately with safety and accessibility improvements to the Arch grounds and its surroundings,” said Maggie Hales, executive director of CityArchRiver 2015 Foundation. “Construction will start this year, and all Missouri components of the project will be completed by October 28, 2015, the 50th anniversary of the completion of the Arch.”
The CityArchRiver 2015 project is a partnership of CityArchRiver 2015 Foundation, Great Rivers Greenway, the National Park Service, Missouri Department of Transportation, City of St. Louis and many other organizations that have come together to transform and enhance the Arch experience for all visitors. CityArchRiver 2015 will connect, invigorate and expand the Arch grounds to create a welcoming, vibrant urban park that will be enjoyed by generations to come.
Project partners will provide a progress update at the annual Report to the Community on Tuesday, April 16, 6 pm at the Ferrara Theatre at America’s Center in Downtown St. Louis.