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PostJun 29, 2010#4526

That sounds like a good ballpark village tenant to me.

Another sample museum to look at might be the Negro Leagues Baseball Museum in KC.

I blogged the basic proposal.

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PostJun 29, 2010#4527

I suppose we can't forget Markwort Sporting Goods and Corkball in St. Louis either. "Corkball is St. Louis' Classic Baseball Game. Originally played on the streets and alleys of St. Louis, MO, USA in the early 1900's, today Corkball has leagues formed around the country."
The small corkball and bat made by Markwort are very much linked to baseball. I grew up playing Fuzzball, with a tennis ball instead of a corkball, and even today in the annual St. Mark's (Mary Queen) Fuzzball tournament of 20 plus years, we use only Markwort corkball bats.

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PostJun 29, 2010#4528

A St. Louis or Missouri sports history museum would be great.

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PostJun 29, 2010#4529

Moorlander wrote:A St. Louis or Missouri sports history museum would be great.
for giggles check out my outdated blog. (back when I had time to visualize my dreams.)
Scroll down to bottom--

http://jamesshadrach.blogspot.com/

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PostJun 29, 2010#4530

^ Nice! Bring it back to life!

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PostJul 02, 2010#4531

So, does anyone know how long Rawlings' lease runs? It's been five years, maybe there's a chance of luring them downtown before renewing.

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PostJul 02, 2010#4532

Hopefully after Energizer pays off the debt from the Playtex and Edge/Skintimate acquisitions it will buy the Jarden Group, and then both Energizer and Rawlings can move from their Maryville Campus HQs to a shiny new tower downtown.

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PostJul 14, 2010#4533

Some Cordish news:
Cordish project now requires $15M subsidy

Kansas City officials now project that the Power & Light District, developed by the Cordish Co., the same company behind the long-awaited Ballpark Village in St. Louis, will require a long-term $10 million to $15 million annual cash subsidy, according to the Kansas City Star.
http://stlouis.bizjournals.com/stlouis/ ... rround=lfn

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PostJul 15, 2010#4534

Umm annual subsidy? I don't like the sound of that.

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PostJul 15, 2010#4535

According to the Building Blocks column on StLToday, that'll be $230M over the next 20 years, and it'll come straight from KC's coffers. Tax revenue for something else? Nope, got to go to these bonds KC supported with its full faith and credit.

Story: http://www.stltoday.com/business/column ... 2bc8b.html

I remember Cordish talked about wanting StL to fully support, with "full faith and credit", the costs of BPV, which was eventually denied them (Darlene Green, great job!). That's one of the reasons for the giant delay we have: StL denied the "full faith and credit" of the city's tax revenues.

Why is our country's economy so effed up?
Because we lived for years on the belief that real estate would only appreciate & can always be refinanced.

We dodged a bullet that would've bled us for years. We were lucky.

Side note/recommendation, read The Big Short: Inside the Doomsday Machine by Michael Lewis. As well as explaining how we all got here with the markets, it very well tells the story of how everyone fell in love with real estate & getting loans to pay for real estate, and then it all falls down. While the most economic blood has been from personal residences, commercial projects like PBV relied on the same credit foundations. Thankfully the City sidestepped the pervasive groupthink. Great book.

Still, the site's very developable (hint hint, Cordish & DeWitt, get to work already).

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PostJul 15, 2010#4536

This pic in the KC Star article of the KC P&L district looks like a place in 1983. Yikes.


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PostJul 15, 2010#4537

matguy70 wrote:This pic in the KC Star article of the KC P&L district looks like a place in 1983. Yikes.

Or Union Station, before it went downhill.

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PostJul 15, 2010#4538

i'm glad we dodged the bullet on a number of fronts, but urban design wise, i really dont care for developments with a sort of complex feel. that picture really does look like something from the 80s, something that wouldnt age well and would start going downhill in the mid 90s. i feel like any development at ballpark village should be flexible to different uses over a long timespan (cordish doesnt care about this)...something that incorporates modern design with the flexibility of straight forward urbanity. in other words, buildings shouldnt be designed to cater entirely to say dining, it should be able to accomodate anything quite easily, and age well with modern simplicity and quality material. the streets and sidewalks shouldnt look wildly different than the rest of downtown, clean and well lighted, with more trees, elegant yet modern. in other words, well, like a german city. st. louis could learn a lot from berlin, instead of chasing these silly trends. badly done historicism and stupid festival design (or whatever) makes me feel like the vomit scene in Team America...

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PostJul 21, 2010#4539

I know we have heard the song and dance before. Take it for what its worth.

Cardinals President says Ballpark Village talks moving forward

Adam Allington, St. Louis Public Radio (2010-07-20)
ST. LOUIS, MO (St. Louis Public Radio) - The St. Louis Cardinals say talks on the long-stalled Ballpark Village project are getting under way again.

According to Team President Bill Dewitt III, the Cards expect to make an announcement in the coming weeks.

Admittedly, Dewitt says progress on the 7-parcel development next to Busch Stadium was effectively halted for over a year. Now he's confident the time is right to revisit negotiations with potential tenants and financing banks.

"You know there's been some good development news downtown, in particular with the Kiel Opera House deal closing and we think it may be time again," says Dewitt.

http://www.publicbroadcasting.net/kwmu/ ... ID=1678005

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PostJul 21, 2010#4540

IOW, nothing happened nor has happened. Got it.

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PostJul 21, 2010#4541

Downtown2007 wrote:Admittedly, Dewitt says progress on the 7-parcel development next to Busch Stadium was effectively halted for over a year. Now he's confident the time is right to revisit negotiations with potential tenants and financing banks.
Halted for over a year? How about for over 3 years?
Downtown2007 wrote:"You know there's been some good development news downtown, in particular with the Kiel Opera House deal closing and we think it may be time again," says Dewitt.
Translation: our risk is lower

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PostJul 22, 2010#4542

Actually building this project, per the earlier specs, would go a long way. Bill, I hope you get it. And consider that, even if it is a few basis points above what you otherwise would've taken before the credit collapse, how much in goodwill have you lost?

No matter what, make this happen.

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PostNov 30, 2010#4543

Does anybody know if the Cardinals will still owe the City of St. Louis $3 million annually until this this is completed, starting in 2011?

I don't know if this is still part of the deal. If it is, the article in the P-D makes me wonder if it will even be honored.

http://www.stltoday.com/sports/baseball ... 40265.html

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PostNov 30, 2010#4544

The dates for the non-development fines were continually pushed off as new development agreements were signed. I think there is something in 2014 now.

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PostNov 30, 2010#4545

MattnSTL wrote:The dates for the non-development fines were continually pushed off as new development agreements were signed. I think there is something in 2014 now.
Thanks. Back in 2005, I would NEVER have thought that the Ballpark Village wouldn't be finished (or even started) by 2011. I desperately want to believe that something will be done by 2014.

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PostDec 01, 2010#4546

I believe Ballpark Village will eventually be erected, but I'm not sure it'll arrive to us as grandiose as it was drawn up.

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PostDec 03, 2010#4547

So maybe the first building really will happen.... 14 story mostly office building, no residential.

http://www.stltoday.com/business/local/ ... 78c22.html

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PostDec 03, 2010#4548

"The premier office building" humphhh

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PostDec 03, 2010#4549

^lol...why shouldn't it be?

Again, I'm just a somewhat educated, casual observer of these commercial real estate deals, but from the beginning I have always thought the land next to Busch Stadium was some of the most premium real estate around. Who wouldn't want to be associated with the Cardinals brand? Especially in this region, this should be "the" spot to be.

I'm really hoping that all of the short circuits will result in the right buildings going up on the site.

What corporate executive wouldn't want to have an office that's got killer views in to and of the (lower case 'c') cathedral of the Cardinals????? Add in the other myriad of renewal projects downtown and, well........

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PostDec 03, 2010#4550

I agree, it will be the premier office building because (A) it is the newest under construction, (B) it is one of the first new high rise office buildings in downtown and (c) it is a anchor in an entertainment district for the Cardinals, which everybody loves!

I know not everyone wants this as a planned development, but I am excited for it and I think that it will be the place to be for office and retail, which will help the rest of downtown. We have come a long way, but DT still needs these types of areas that appeal to people outside of the city. We need suburban people to shop and dine even if it is only on game night. As they start to like BPV, they may start to take a walk around DT and actually notice the loft district, OPO square, etc.

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