urbanSTL

The fate of a century-old downtown brick warehouse depends, in part, on the ability of developers of a proposed 33-story apartment tower to line up financing and show they can get the project done.

They do have a proven track record, even in the face of strong opposition.

First, they will need to win approval from the St. Louis Preservation Board to tear down a six-story brick warehouse and office building constructed in the mid-1890s.

City staff believes the existing structure at 300 South Broadway is a “high merit” building, so it recommends allowing its demolition only when a building permit for the new structure is issued.

“The unusual circumstances that justify the demolition of the 300 South Broadway building are that the new construction is a major investment with a bold design that provides additional residential units in the Central Business District,” city staff says in its report.

jshank83 wrote: ↑

Dec 14, 2017

^maybe the figured out the residential market is more lucrative than the office market (with all the open office space at the moment)?

FrankRider wrote: ↑

Dec 15, 2017

Plus I could image a western setting sun creating some pretty bad reflections of this baby. I hope they consider that in the design especially for batters at the plate.

ImprovSTL wrote: ↑

Dec 15, 2017

Here's a fresh worry!

What if they scale back the building after demo? It goes from 33 stories to 22. I could see them doing that and I don't think we anyone could stop it correct?

ricke002 wrote: ↑

Dec 15, 2017

I can't imagine any other type of setting sun than a western setting sun.

newstl2020 wrote:212 is listed on Emporis as 380'. Can anyone make out the listed heights in the preservation board schematics a few pages back? My eyes aren't that great but to me the height listed at the architectural top looks like 407'.

southcitygent wrote:Maybe we could get a Peel wood fired downtown as well. Would love to see that in the retail space.

chriss752 wrote: ↑

Dec 16, 2017

I would prefer a second Shake Shack. Ballpark Village is supposed to get a Wahlburger so maybe this could be a good competition place

jshank83 wrote:

chriss752 wrote: ↑

Dec 16, 2017

I would prefer a second Shake Shack. Ballpark Village is supposed to get a Wahlburger so maybe this could be a good competition place

I would rather have Wahlburgers anyway over shake shack. I am hoping some kind of brewery/pub concept (even if it is a chain like rock bottom or similar) happens. I would obviously prefer a non chain but I am to the point I figure everything at BPV will be some kind of chain. I guess technically bud brew house is that concept, but I can hope for something else that isn't all AB beers. I do wonder how much AB has a say in who gets in there and not wanting competition though. I also guess flying saucer fills this kind of thing and it is just down the street.

chriss752 wrote:^Jack Holleran stated in his presentation that preserving the facade or existing structure would add millions to the cost and likely derail the project. I expect this to disappear.

chriss752 wrote: ↑

Dec 19, 2017

^Jack Holleran stated in his presentation that preserving the facade or existing structure would add millions to the cost and likely derail the project. I expect this to disappear.

goat314 wrote:

chriss752 wrote: ↑

Dec 19, 2017

^Jack Holleran stated in his presentation that preserving the facade or existing structure would add millions to the cost and likely derail the project. I expect this to disappear.

My thoughts on what could happen with this.

1) They come back with a new design that preserves the facade, but ask for millions more in tax incentives.
2) The proposal falls through and new BPV phase 3 renderings come out looking very similar to Power and Light District residential.
3) The proposal falls through and the Nashville developer comes in with an even larger residential tower on the parking lot immediately south.
4) Everything falls through and we just get BPV2 tower.

Chalupas54 wrote:

chriss752 wrote:^Jack Holleran stated in his presentation that preserving the facade or existing structure would add millions to the cost and likely derail the project. I expect this to disappear.

Doubtful. I expect this project to return to the drawing board and ultimately move forward.

As stated in other forums, let’s please try and not declare a project dead before the developer has actually walked.


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Chalupas54 wrote: ↑

Dec 19, 2017

goat314 wrote:

chriss752 wrote: ↑

Dec 19, 2017

^Jack Holleran stated in his presentation that preserving the facade or existing structure would add millions to the cost and likely derail the project. I expect this to disappear.

My thoughts on what could happen with this.

1) They come back with a new design that preserves the facade, but ask for millions more in tax incentives.
2) The proposal falls through and new BPV phase 3 renderings come out looking very similar to Power and Light District residential.
3) The proposal falls through and the Nashville developer comes in with an even larger residential tower on the parking lot immediately south.
4) Everything falls through and we just get BPV2 tower.

I’d say 1 with half of 3. From my understanding, the developers want to make this project work. One route they could take is going Hearst Tower, where the tower is built within the core of the original structure. It’ll be interesting to see how the developers proceed, but I don’t see them walking.

This project has however garnered more attention to South Broadway. I would not be surprised at all if the holdings around this site start to “pull the trigger”. I would guess that the developer sitting on the site to the south to make a proposal before years end 2018.


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