25% BUT the max a project can get is $25m and this building wouldn’t qualify anyway, building has to be 750,000 sq +
It’s a bit confusing. That section since it’s been brought into HB 3231 has changed. Half is for buildings that are 750k ($25m) 25% is forSTLAPTS wrote: ↑2:45 AM - Apr 10Isn’t half of the allocation for buildings less than 750k sq ft?
Main Streets (12.5m) and I guess this would maybe qualify for the final $12.5m but that $12.5m is statewide, no guarantee it would get it
Thanks for the clarification.dbInSouthCity wrote: ↑3:00 AM - Apr 10It’s a bit confusing. That section since it’s been brought into HB 3231 has changed. Half is for buildings that are 750k ($25m) 25% is forSTLAPTS wrote: ↑2:45 AM - Apr 10Isn’t half of the allocation for buildings less than 750k sq ft?
Main Streets (12.5m) and I guess this would maybe qualify for the final $12.5m but that $12.5m is statewide, no guarantee it would get it
Dang! That is awesome. Did we every catch renderings of the proposal and did they announce a flag for the hotel?
With it being Jay Simon, he owns his own hotel brand - Kindler. Has one open in Lincoln Nebraska and has approvals for another one in Downtown KC. I'd be shocked if it wasn't Kindler.TheWayoftheArch_V2.0 wrote: ↑5:25 PM - Jun 08Dang! That is awesome. Did we every catch renderings of the proposal and did they announce a flag for the hotel?
According to city records, the building is still owned by Campo. Are the records just lagging? It seems odd that the scaffolding around the site would have Metropolitan Build branding all over it if they didn't go through with the purchase. No permits for this work show up in the city's database.
City records are usually a month or longer behind. It sure seems like it has sold. Exciting project.Tim wrote: ↑7:12 PM - Jun 24According to city records, the building is still owned by Campo. Are the records just lagging? It seems odd that the scaffolding around the site would have Metropolitan Build branding all over it if they didn't go through with the purchase. No permits for this work show up in the city's database.
As of April, the group who had it under contract has 5 months to decide whether to move forward or not.
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Good news(?)
Sounds like the facade work is done and now hopefully more heavy renovations can begin. Hoping and praying that this team will finally be the ones to get this building back online. I’m still wary of their “unnamed”, out-fox state status, though.
Anyone with a Business Journal subscription or SLPL card care to share the gist of this article:
Downtown St. Louis skyscraper stabilized ahead of sale to unnamed Colorado, Nevada partners
Sounds like the facade work is done and now hopefully more heavy renovations can begin. Hoping and praying that this team will finally be the ones to get this building back online. I’m still wary of their “unnamed”, out-fox state status, though.
Anyone with a Business Journal subscription or SLPL card care to share the gist of this article:
Downtown St. Louis skyscraper stabilized ahead of sale to unnamed Colorado, Nevada partners
Named or unnamed, the clock was ticking on this building. Even if this project falls through AGAIN, it's already bought the Chemical some more time.
I'm choosing to think it's actually happening this time
I'm choosing to think it's actually happening this time
Gonna be the prettiest data center west of the ‘Sip
(Kidding - do not panic)
(Kidding - do not panic)