Wow...you're way off...lol. Joe Edwards opened Blueberry Hill in 1972. That was what started the Delmar Loop development (I believe Blueberry Hill's web site has it's history and info about development in the Loop). I'd been going to the Loop since around 1978 (via Streetside Records) and by even then there were no empty storefronts. Nearly as crowded then as it is now. The Pageant is not the first, but a big boost for the east end of the Delmar Loop (from Skinker into the city of St. Louis). A fourteen story apartment building has been announced and there are other plans in the making. That being said, I don't think that would be the kind of venue to spur development at this early stage.