ugh... i guess, but residential would support the retail more than office will. instead, we continue the trend of building auto-focused retail and then perpetually lament that "We're not Chicago. We're not New York City." Denver, Pittsburgh, etc. aren't Chicago or NYC but they're actually building urban sh*t in their urban centers.
I think the office tower is going out of the picture for now. The $97 Million price tag seems too low to include the tower.
I'm assuming you are talking CORTEX East?Chalupas54 wrote: ↑Aug 16, 2017I tend to agree. I always felt that a residential tower here wouldn't work. Is the office tower still a go?
For the rest of the crowd, would a it be a fair statement that in one form or another your looking at an easy 500k - 1 million sq feet of proposed office space in the immediate area if you take in the following?
- Foundry phase II - two 5 story office buildings @ 130,000 square feet
- CORTEX Crescent building looking for a tenant, I think roughly 30-40,000 square feet
- CORTEX Wexford US Metals site build out, at least room for another two buildings, roughly 250,000 square feet easily
- CORTEX East - 15 story tower, roughly 150,000 square feet
- CORTEX Koman property
- Green Street Armory project
Not sure if dropping the residential and competing w more proposed office space is a plus for Foundry development but could be wrong if LG has some interested tenants & head start on breaking ground
Whatever happened to Midas hotel proposed to the North of this project?
I'm not sure of the Cortex East 15 or Wexford. I havent heard much of it since the original Foundry announcement. It may be a phase 3 or 4, but I wouldnt expect those to start construction until at least 2019+. The others you listed I'd expect to be near completion in 2019.dredger wrote:I'm assuming you are talking CORTEX East?Chalupas54 wrote: ↑Aug 16, 2017I tend to agree. I always felt that a residential tower here wouldn't work. Is the office tower still a go?
For the rest of the crowd, would a it be a fair statement that in one form or another your looking at an easy 500k - 1 million sq feet of proposed office space in the immediate area if you take in the following?
- Foundry phase II - two 5 story office buildings @ 130,000 square feet
- CORTEX Crescent building looking for a tenant, I think roughly 30-40,000 square feet
- CORTEX Wexford US Metals site build out, at least room for another two buildings, roughly 250,000 square feet easily
- CORTEX East - 15 story tower, roughly 150,000 square feet
- CORTEX Koman property
- Green Street Armory project
Not sure if dropping the residential and competing w more proposed office space is a plus for Foundry development but could be wrong if LG has some interested tenants & head start on breaking ground
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Wasn't there some article about a shortage of good office space in the region?dredger wrote: ↑Aug 16, 2017Chalupas54 wrote: ↑Aug 16, 2017I tend to agree. I always felt that a residential tower here wouldn't work. Is the office tower still a go?
Not sure if dropping the residential and competing w more proposed office space is a plus for Foundry development but could be wrong if LG has some interested tenants & head start on breaking ground
I would have liked to see the residential tower go up but there is a fair amount of residential going in (or just built) just to the north of this and easily walkable. Are there any plans for that grass lot just north of IKEA yet?
Believe that came from a commercial real estate brokerage quarterly report. Can't recall who at the moment. I gave a long rant on why it is really about demand & who wants space where in St Louis as you will see very little spec space built in the region in fact most regions in the foreseeable future.joelo wrote: ↑Aug 17, 2017Wasn't there some article about a shortage of good office space in the region?dredger wrote: ↑Aug 16, 2017Not sure if dropping the residential and competing w more proposed office space is a plus for Foundry development but could be wrong if LG has some interested tenants & head start on breaking groundChalupas54 wrote: ↑Aug 16, 2017I tend to agree. I always felt that a residential tower here wouldn't work. Is the office tower still a go?
That is what I'm trying to understand. Is there enough housing going up and proposed nearby for Lawrence Group to change up phase II plans & is their enough commercial/office demand considering all the proposed office space in immediate area to replace the residential tower with two 5 story office buildings. Some one did the numbers & made the case to Lawrence Group that replacing the residential tower with 130,000 of office space is a better plan or more profitable.jshank83 wrote: I would have liked to see the residential tower go up but there is a fair amount of residential going in (or just built) just to the north of this and easily walkable. Are there any plans for that grass lot just north of IKEA yet?
Delaying the residential tower seems as an outcome that would not be surprising IMO, especially when One Hundred & BPV II breaks ground. Heck, I'm wondering if we see another hotel proposal from someone if Aloft doesn't start moving soon. What surprised me was the proposed office space. Will be interesting to see how it plays out for Lawrence Group.
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Im excited that phase 2 is soon to begin however I'm disappointed they've decided to take out residential i mean even a 5-10 floor residential building could make a difference whether the development is a success or not either way i trust they know what they're doing i mean they're professional.
Regardless still a good project just not sure how a movie theater will fit in with this?
I'm actually a bit anxious on what Koman have up their sleeves could their development become office residential and could it be more of a signature type high-rise?
Regardless still a good project just not sure how a movie theater will fit in with this?
I'm actually a bit anxious on what Koman have up their sleeves could their development become office residential and could it be more of a signature type high-rise?
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St.Louis1764 wrote:Im excited that phase 2 is soon to begin however I'm disappointed they've decided to take out residential i mean even a 5-10 floor residential building could make a difference whether the development is a success or not either way i trust they know what they're doing i mean they're professional.
Regardless still a good project just not sure how a movie theater will fit in with this?
I'm actually a bit anxious on what Koman have up their sleeves could their development become office residential and could it be more of a signature type high-rise?
Same. As much as I would love to see height in this neighborhood, I have been concerned that it could take away projects from downtown and the CWE. I do believe residential is coming here though. I'm very excited to see these other proposals come out.
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There is nothing stopping them from doing residential later separately correct? They just can't include it because the TIF money and other incentives were for rehabbing historic structures not building a new glass tower.St.Louis1764 wrote: ↑Aug 18, 2017Im excited that phase 2 is soon to begin however I'm disappointed they've decided to take out residential i mean even a 5-10 floor residential building could make a difference whether the development is a success or not either way i trust they know what they're doing i mean they're professional.
Regardless still a good project just not sure how a movie theater will fit in with this?
I'm actually a bit anxious on what Koman have up their sleeves could their development become office residential and could it be more of a signature type high-rise?
Probably not. But why did they even think they could use those incentives on completely new construction? Who's running this?cardinalstl wrote: ↑Aug 24, 2017There is nothing stopping them from doing residential later separately correct? They just can't include it because the TIF money and other incentives were for rehabbing historic structures not building a new glass tower.St.Louis1764 wrote: ↑Aug 18, 2017Im excited that phase 2 is soon to begin however I'm disappointed they've decided to take out residential i mean even a 5-10 floor residential building could make a difference whether the development is a success or not either way i trust they know what they're doing i mean they're professional.
Regardless still a good project just not sure how a movie theater will fit in with this?
I'm actually a bit anxious on what Koman have up their sleeves could their development become office residential and could it be more of a signature type high-rise?
Not exactly Foundry related, but ‘Warehouse of Stuff’ locates south of 64 next to the Foundry, armory, and Goodwill is having a liquidation sale. Anyone here/know anything?
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Nooooooooo!!!! Where will I buy oddly sized mirrors!! And Lumiere Place paper weights, can't survive without those things.
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I don't wish for demo of large existing building very often, BUT, if the Goodwill Outlet Building was demoed Bernard could potentially be extended to connect Vandaventer to Grand. If they did that the Armory development becomes much more viable IMHO.
Rebuilding the Spring Ave. viaduct would make it almost fully connected to the surrounding neighborhoods.
I conceed I am probably ahead of the eightball here because the East end of the Grove, Cortex, and The Foundry all have a lot of filling out to do BUT that would be the next logical move after those developments are more established and performing.
Rebuilding the Spring Ave. viaduct would make it almost fully connected to the surrounding neighborhoods.
I conceed I am probably ahead of the eightball here because the East end of the Grove, Cortex, and The Foundry all have a lot of filling out to do BUT that would be the next logical move after those developments are more established and performing.
Heard a rumor about a big project coming to either Cortex or Grove. Don't know if this is linked to that or not.
I had the understanding that Spring Ave viaduct was removed in part to meet new Interstate standards for vertical clearance. If so, while ideal as STLEnginerd lays out, I doubt that it would ever be rebuilt with I64 firmly established nor will space between the lower and upper deck be sufficient to rebuild a viaduct even at a slightly different elevation.STLEnginerd wrote: ↑Sep 27, 2017
Rebuilding the Spring Ave. viaduct would make it almost fully connected to the surrounding neighborhoods.
Can someone correct me or might have better knowledge on the history
That's all the person would tell me. Said we should hear something by the end of the year. The person frequents this forum, so maybe they will give us a bone....um...dbinsouthcity...um...oh I didn't mean to say that.
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LOL.... They could just tell us if it involves residential, Office, New company,mix, new construction, or a portion of 8m sq feet for a HQ2... I Kid... 
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The old May Co. warehouse . . . Okay. Had no idea that was Goodwill now. Heh. Explains what happened when they mostly moved out of Ford Tool.STLEnginerd wrote: ↑Sep 27, 2017I don't wish for demo of large existing building very often, BUT, if the Goodwill Outlet Building was demoed Bernard could potentially be extended to connect Vandaventer to Grand. If they did that the Armory development becomes much more viable IMHO.
I feel like you could achieve the same thing by eliminating Exit 37A and connecting Bernard east to Market. As I recall, they're already planning to demolish the building at Bernard and Prospect. Reconnect Bernard through there. Close 37A off eastbound 40. Build a ramp connecting Market west of Grand with Grand at grade in its place. reconfiguring that disaster to the east at Forest Park, Market, and 40. I'm strictly spitballing, but it looks to me like you could eliminate three bridges and a lot of spaghetti for the cost of some parking and a quonset hut. You'd get about two new usable acres out of it. Of course, it depends on stealing some parking from Bi-State and Milipore Sigma in order to move Spruce to make way for the replacement ramps at Compton, but it doesn't look like there's any shortage. Meh. I'm no highway engineer, so maybe it's all ridiculous, but I banged together a rough proposal on Google Maps entitled Reconfigured Market and Forest Park.
Is the height between decks there lower than at Grand? I know the viaduct was in pretty rough shape and it was closed long before it was demolished. Maybe you could cheat it up a little and just make sure nothing tall went through to protect the upper deck. Hang some hard signage about a block away in each direction. And while it's less useful, you could always connect through south. Or build a pedestrian structure through north between Foundry and the Armory. Or both. Even that might help encourage a little development south. And if you can hook the whole thing to Grand and Market a little better you're moving the right direction anyway. Maybe encourage something positive in that dead space around Harris Stowe.dredger wrote:I had the understanding that Spring Ave viaduct was removed in part to meet new Interstate standards for vertical clearance. If so, while ideal as STLEnginerd lays out, I doubt that it would ever be rebuilt with I64 firmly established nor will space between the lower and upper deck be sufficient to rebuild a viaduct even at a slightly different elevation.STLEnginerd wrote: ↑Sep 27, 2017
Rebuilding the Spring Ave. viaduct would make it almost fully connected to the surrounding neighborhoods.
Can someone correct me or might have better knowledge on the history
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^ don't know about deck heights, I just figured if it was there before they could build it again. Also figured that it would be tough to drop it to grade to merge with market but the armory block would provide enough room to bring it to a normal T-intersection type configuration. Plus I don't see Market as ever being pedestrian friendly because it hugs the interstate, but if the warehouse came down you could extend Bernard and build mid-rises on either side and almost completely block out the interstate and the railroad and make the Armory development much more attractive as well.
Bring Bernard to grade with Grand avenue (as I think some renders showed) and it could keep going all the way to Compton, but you would have to resolve the interchange traffic from I64 to Grand Ave. Personally would favor just shifting all that traffic East to the spaghetti around Compton and Market. But now I am way ahead of myself...
Bring Bernard to grade with Grand avenue (as I think some renders showed) and it could keep going all the way to Compton, but you would have to resolve the interchange traffic from I64 to Grand Ave. Personally would favor just shifting all that traffic East to the spaghetti around Compton and Market. But now I am way ahead of myself...