Downtown music festivals contract approved by Board of Aldermen

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ST. LOUIS, MO (KTVI) – Rock the vote. The St. Louis Board of Alderman approved the bill to allow mega concerts to come downtown over the Memorial Day and Labor Day weekends.

Some people have raised concerns because of the bill's non-compete clause.

But how much money will the concerts bring to the city? We’re talking about millions each year being injected into the city’s coffers.

However, some people have questioned whether the huge summer rocks concert series is worth the terms of the deal.

At Market and Tucker, the Gateway Mall is the area where the concerts would be held.

The contract will be with Los Angeles-based ICM Partners. Summer Rocks LLC is affiliated with that company.

ICM represents artists and is involved in events like Lollapalooza and Bonnaroo.

The deal before city leaders will bring major country concerts downtown over Memorial Day weekends and big time rock concerts over Labor Day weekends.

A sticking point has been the non-compete clause in the contract which could run up to 20 years.

The deal would prevent some other music events from taking place downtown over Memorial Day and Labor Day. However, those events would have to be for profit and similar in size to Summer Rocks which many say is unlikely.

A board of alderman member said before the vote, he expected the bill to pass easily.

The first concert could be held this Labor Day, but that could be tough with coordinating musician's schedules. The first concert would more likely be next year.

Details of this deal started unfolding not long after the city lost the Taste of St. Louis and the Blues Week festival to Chesterfield.

Previous story: Big music festivals may be coming to downtown St. Louis

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