Metro St. Louis: A Legacy of Growth

This article reviews how the business savvy and vast transit know-how have helped the bi-state agency, Metro St. Louis, get back on track. The mission statement for the agency is: Regional economic development through excellence in transportation and it has only taken Larry Salci, Metro president and CEO, a couple of years to respond to the challenges St. Louis offered. Ninety percent of Metro's business is public transportation, as it is the region's owner and operator of bus, rail and paratransit systems. The other 10% is made up of unique funding ventures, such as two Mississippi River Boats that in 2004 served 170,064 passengers. Metro also operates the city's most recognizable attraction - the National Park Service's Gateway Arch, and owns and operates the Downtown St. Louis Airport. The agency's light rail system, MetroLink, entered the planning stage in the mid 1980s, and began operation in 1990. The article also discusses Metro St. Louis' funding practices that Mr. Salci describes as "creative financing" from the public entity standpoint.

Language

  • English

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Filing Info

  • Accession Number: 01003623
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Aug 2 2005 5:16PM