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Friday Live Chat

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live chat

It’s back, the Friday Live Chat. You know what to do – just use the comments section below. We’re open from 2-3pm today:

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  • SouthCityJR

    I’m sure this has been discussed, but given the high cost of the north south metrolink line, if the goal is to link low income residents to job opportunities, couldn’t bus rapid transit cover more areas and people at a lower cost?

    • Alex Ihnen

      If done well. IMO, all be really really well executed BRT isn’t really better than a bus. Now, I’m might advocate for huge investments in buses before light rail. I think the best outcome if it’s light rail is a line wholly within the city limits, perhaps as short as 4mi.

  • SW6

    as of 10 minutes ago, clayton posted a press release regarding the development plan at Brentwood/Forsyth. “City of Clayton Works to Transform Parking Lot into Luxury Mixed-Use Development Across from Shaw Park” – 250 more apartments, 25 story highrise

  • SouthCityJR

    If Greitens ends up gutting the State budget for historic tax credits, do you think we could end up seeing developers ask the City for even more tax dollars as an offset?

    • rgbose

      Probably and things like Fed new market tax credits won’t go as far as they’ll be used to backfill the absence of HTCs

      • Tim E

        The plus side, I’m wondering if this is going to put some urgency on behalf of Jeff Arms and now the new owner of Railway Exchange to get things moving on the respective properties. I can only assume the cost per unit is attractive with built stock in place and the multiple credits & abatements available if they are move forward now.
        ..
        Also, once Jeff Arms, Railway and Chemical move forward how many more big spaces is there?? If anything, sounds like the smaller rehab projects are the ones that will take a hit in the long run.

        • Kevin Farrell

          Not many. Dont forget the former CPI and International Shoe which will start soon. The Butler Bros building is probably the biggest and that is in pre-development now. Crunden Martin at Chouteau’s Landing and a few other buildings there come to mind. But, lots of great old buildings like Bissingers going north on Broadway. HTC is still critical.

          • Alex Ihnen

            Municipal Courts building…always forgotten. 🙂 And a couple warehouses in Downtown West.

          • Tim E

            Didn’t think about Crescent in CORTEX either. That is a big one in terms of keeping the flow of space available going forward until some infill can break ground. Nor did I think of the Armory which is a big piece of puzzle for Green Streets to move on its proposed Grand Ave project.

        • rgbose

          I’m very concerned about the 1000s of little projects too to put neighborhoods back together. And I think it’s shitty that when many neighborhoods are more and more healthy thanks in part to HTCs, the rug gets pulled out before momentum builds for projects north of Delmar.

          • Alex Ihnen

            Yes. This is the issue and why some have sought (offered) a cap on big projects, but no limit on small projects. Having no cap doesn’t mean the cost will be astronomical, or grow and grow, but it gives small projects predictability. Otherwise, people won’t take them on even if there are tax credits.

  • TimJim

    Anything new on the old Schnucks lot at Clayton and Hanley? I know there are plans, but are they moving forward?

  • citylover

    Thoughts on AT&T tower downtown? Believe lease expires this year. I know it’s been said that this is a one-tenant type structure.

    • Alex Ihnen

      Everyone I speak to expresses confidence that it won’t simply be left vacant. What that means = ? It almost certainly has to be retrofitted to accommodate multiple clients, which is expensive. There are plans being explored to do just that, but no idea how far along or real they are. I’m not sure of the economics behind it – ownership and investing v. walking away, etc. It’s a big number on someone’s balance sheet.

      • Kevin Farrell

        Big challenge with the ATT tower, Cost of retrofit to multi-tenant will be very high. Plus, you have 1.2 million sf of office and only 100+ parking spaces in the building. ATT is consolidating into the older building at 1010 Pine and they are keeping the attached garage to the west.

  • MRNHS

    Hear any rumblings about the vacant lot next door to Wheelhouse? Thought I remember hearing there was interest there a while back. Seems like that would be an ideal location for an apartment building, even if it doesn’t take the whole lot. Something like the 4400 Manchester building would blend in nicely, IMO.

    • MRNHS

      So no?

  • stlnative

    Anything new with the Foundry and Cortex developments?

    • Alex Ihnen

      Good Q – Foundry project is full-speed ahead. Re: Cortex, just saw this on Twitter from Public Radio’s Rachel Lippmann, “Bills on Cortex expansion got moved to the informal calendar, which is basically a holding ground.”

      • Tim E

        That doesn’t sound good for CORTEX and believe it has been quiet on Microsoft supposedly moving there.
        ..
        Can’t help but think CORTEX has slowed down and getting new infill looks like it will be later than sooner.

      • Frank Absher

        Some clearing has been done on the Forest Park Blvd. side.

    • citylover

      The big red shipping container along Hwy 40 has “City Foundry” on it. Also seems like the windows in the factory are open/ broken out.

  • RJ

    Your opinion of the Fairfield Inn & Suites Project Moving Forward in Downtown West? IMO its too suburban and doesn’t take advantage of the visibility of that location

    • Alex Ihnen

      I think it’s an OK project for that site. I question whether it’s going to move forward, and think there are several moving parts involving MoDOT, LCRA and SC STL.

      • RJ

        Thanks. I just wish the City would be more demanding in a projects design and planning, they seem too willing to accept just about anything a developer throws at them. There is a similar project in Charlotte for a Springhill hotel with about 50 more rooms that is 15 stories and has a more interesting design. It stands out.

        • citylover

          I agree. Seems odd in downtown west. Whenever I go down Market that way I feel like I am being exposed. Like, “Where did all the buildings go?”

          • Alex Ihnen

            Marriott’s Residence Inn and Courtyard hotels are just west, Pear Tree Inn across Market, Drury at Union Station…Fairfield Inn would seem to fit, if not be a huge upgrade or anything.