It’s just to show that he is already envisioning his project. It’s a little creepy, I’ll admit that but at least it shows things are happeningwabash wrote:So Amrit Gill was walking around the roof of one of his buildings. Is there a significance to that? Was he drinking a beer? Or trying to get better cell reception?
It's nice to know when things are happening, but there's a slight creepiness to this post.
Didn't the Gills attempt to purchase the building around the same time as the Morgan group? I think Amrit has been envisioning this project for at least 2yrs now.chriss752 wrote:It’s just to show that he is already envisioning his project. It’s a little creepy, I’ll admit that but at least it shows things are happeningwabash wrote:So Amrit Gill was walking around the roof of one of his buildings. Is there a significance to that? Was he drinking a beer? Or trying to get better cell reception?
It's nice to know when things are happening, but there's a slight creepiness to this post.
Very nice, thanks! It is one of my favorite buildings of all time. Do you happen to know if the scope has remained the same or an updated rehab timeline?GoHarvOrGoHome wrote: Still alive
The issue Gills have is named Joe Roddy (as in 17th ward alder) you see Joe had this thing where if you wanted incentives in the 17th you had to cut a check to Park Central Development, it was somewhat of a legal pay to play and the Gills didnt want to play. there is some bad blood- why does that matter now? Roddy is the chair of a committee that most of these development deals have to go throughstlien wrote:Didn't the Gills attempt to purchase the building around the same time as the Morgan group? I think Amrit has been envisioning this project for at least 2yrs now.chriss752 wrote:It’s just to show that he is already envisioning his project. It’s a little creepy, I’ll admit that but at least it shows things are happeningwabash wrote:So Amrit Gill was walking around the roof of one of his buildings. Is there a significance to that? Was he drinking a beer? Or trying to get better cell reception?
It's nice to know when things are happening, but there's a slight creepiness to this post.
Can't wait to see how this turns out after seeing the work Restoration did on Hotel Saint Louis.The city's Land Clearance for Redevelopment Authority has approved up to $54 million in bonds for Restoration St. Louis' renovation of the Chemical Building in downtown St. Louis. The LCRA on Tuesday approved a resolution authorizing the issuance of taxable industrial revenue bonds for the project. Restoration St. Louis is proposing to transform the Chemical Building, at 721 Olive St., into an extension of its Hotel Saint Louis located next door on Olive. The Chemical Building renovation would feature 72 apartments and 84 hotel rooms along with retail space. Construction is expected to start next year and take 18 months, according to notes from the LCRA meeting. The project is expected to cost $54 million.
Or maybe all of their projects...wabash wrote: ↑Aug 19, 2019Sounds like the political angle might come more into play for their Arco project, which is right in Park Central’s wheelhouse and has hardly seen any progress in the last year-plus.
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Some aldermen questioned the amount of the incentive, given the city’s new guidelines, noting the developers also planned to use state and federal historic tax credits as part of the financing package.
The committee chair, Joe Roddy, has butted heads with the Gills on other projects over the years and was upset that the initial proposal included 17 years of personal property tax abatement instead of only a decade, a concession he said he had tried to negotiate. City staff indicated that the difference amounted to only about $100,000 over the life of the incentive.
LCRA Director Otis Williams made a personal plea in July to aldermen to endorse the incentives and get the building redeveloped, reactivating the block and generating new tax revenue.
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The RestorationSTL pipeline is kind of a head scratcher.NorthHamptonMatt wrote: ↑Feb 03, 2020I wonder about this project. Ownership hasn't changed and the building doesn't look too good. I hope this is still in the Restoration St. Louis pipeline.
