urbanSTL

A Colorado-based Catholic institute and school is reportedly eyeing a purchase and move to the former Boeing corporate retreat in St. Louis County.
The Augustine Institute, a theology school and publishing nonprofit organization based in Denver, is nearing a deal to purchase the site and use it to expand its school and evangelism efforts, according to a report in the Catholic news publication The Pillar. The deal could close as soon as early May, according to the report.

The nonprofit’s interest in buying the Arlington, Virginia-based aerospace company's shuttered 286-acre Boeing Leadership Center was sparked by a suggestion from the Archdiocese of St. Louis, according to the report. The training facility that once attracted thousands of Boeing (NYSE:BA) executives every year closed in March 2020 due to the Covid-19 pandemic. The facility will not reopen due to the company's change in how it conducts training to incorporate more virtual options and training closer to employees' workplaces, the company said last week. Features of the sprawling campus, at 16805 New Halls Ferry Road in unincorporated north St. Louis County, include a historic French-style chateau, a scenic overlook with views at the confluence of three rivers, a training facility with classrooms and a series of hotel-like lodges, among other amenities, according to the sales listing. No asking price is listed for the property, but St. Louis County appraised it at $27.5 million last year, records show.
Augustine Institute President Tim Gray did not immediately respond to a request for comment, and a spokeswoman for the organization said that the organization has been advised not to give further interviews due to stipulations in the purchase and sale agreement for the property. The Archdiocese of St. Louis directed questions to the Augustine Institute. Boeing declined to comment.
"Right now is a sensitive due diligence period so there is no guarantee of the purchase from either party," Augustine Institute spokeswoman Kate Sell said.

GoHarvOrGoHome wrote:Wow, that leadership campus is perfect for a cult. Hopefully they sell to somebody else.

Speaking of Boeing, They were the feature of John Oliver this week

JaneJacobsGhost wrote: ↑

Mar 10, 2024

Paric is moving a ton of dirt along McDonnell Blvd between Airport and Scudder roads. Do we know what the plan is there?

Trololzilla wrote: ↑

Mar 12, 2024

^ Peak Boeing Derangement Syndrome, tbh. While unfortunate in its timing for Boeing, there's no reason for Boeing to have done anything like that, especially now while they're under extreme scrutiny from practically every regulatory agency on the planet. Fact is, whistleblowing is extremely stressful and this was already the third day. Furthermore, the dude was sounding more and more like a whackjob with every new thing he said. It's sad, but unfortunately, it was likely an authentic suicide.

jshank83 wrote: ↑

Mar 10, 2024

JaneJacobsGhost wrote: ↑

Mar 10, 2024

Paric is moving a ton of dirt along McDonnell Blvd between Airport and Scudder roads. Do we know what the plan is there?

Everything is here. https://www.flystl.com/document-portal- ... sting-info

STLEnginerd wrote: ↑

Mar 12, 2024

JaneJacobsGhost wrote: ↑

Mar 12, 2024

Trololzilla wrote: ↑

Mar 12, 2024

^ Peak Boeing Derangement Syndrome, tbh. While unfortunate in its timing for Boeing, there's no reason for Boeing to have done anything like that, especially now while they're under extreme scrutiny from practically every regulatory agency on the planet. Fact is, whistleblowing is extremely stressful and this was already the third day. Furthermore, the dude was sounding more and more like a whackjob with every new thing he said. It's sad, but unfortunately, it was likely an authentic suicide.

Do you know anything about the history of labor relations in the US? Even if it was an “authentic suicide” was he being intimidated and terrorized by Boeing thugs?

Forgive me, but I’ll withhold giving Boeing (or any other corporation for that matter) the benefit of the doubt in these matters.

Geez, so you are saying you're going to assume they are guilty of at minimum involuntary manslaughter and insinuate worse until proven innocent.  That's, off the rails IMHO.

stlbaggins wrote:"Boeing aircraft have had far far more accidents/incidents over the last handful of years than Airbus."

Handful of years doesn't sound that quantitative. The accidents on the wiki don't have root cause whether airline (maintenance, ops), pilot, or manufacturer. They also don't take into account the number of hours of Boeing platforms vs Airbus platforms etc. I'm all for ripping on Boeing.

Also keep in mind that the whistleblower who recently passed away was working at a plant that was not associated with the MAX. He was in Charleston (which manufactures the 787 Dreamliner which had wire harness issues that delayed it) and last worked with the company in 2017. I think people are conflating a lot of things. Boeing is a large lumbering stagnant company. They also aren't going anywhere and are getting into other ventures. A quick search will yield some interesting results on pieces of companies they own. There is also a little bit of recency bias similar to what happened with Flight 447 and Airbus. Boeing could probably benefit from an engineering leader rather than some business person who should be retired.

Reference to some background on the whistleblower
https://www.bbc.com/news/business-68534703
"From 2010, he was employed as a quality manager at the North Charleston plant. The facility builds the 787 Dreamliner...."
Note the production of the 737 MAX 9 didn't start until 2014
https://en.wikipedia.org/wiki/Boeing_737_MAX