Redevelopment in downtown St. Louis is very hit and miss. Lots of old commercial buildings have been rehabbed into apartments, even a couple into new hotels. There are plenty of restaurants and much new construction around the baseball stadium aimed at people with money to burn. On the other hand, there are lots of vacant storefronts. This is the facade of a theater that has been out of business a long time. There are lots of other venues along the central corridor of the city so no reason or money to do something with this one.
And so it sits there and erodes. No wonder the faces in this frieze are unhappy.