Very frustrating and seems like a familiar refrain: Avalon theatre, Hampton Target property, that three-story building at Grand and Holly Hills in Carondelet.
So almost no hope at all and we should just assume that the majority of the heart of Dogtown will be an empty lot? *sigh*ward24 wrote:The lot, 6300 Clayton, next to Seamus, is vacant because the owner wants substantially more than a market price for the property, at least 200% of market price, and by some estimates more like 400%, and he can afford to carry the vacant land until someone pays that premium. Its been the same situation for a decade. He also owns the vacant buildings across the street, and its the same deal. Yes, its pretty frustrating. The only way to force someone out of a property who is paying their taxes is eminent domain, which is a road we aren't going down. So we wait. On the City side, we're more than happy to entertain any other developer there, and we haven't said no to anything. The issue is no one has been willing to pay the listed price for the property.
Edit: We did say "no" to using that property for overflow car storage for a dealership.
Scott Ogilvie
24th Ward Alderman
I'm just answering the question about why its vacant. Its the owner. I'm a realist. We live in a region with not enough people and too much land. Developers have lots of options for property and people won't overpay. 4900 Lindell is vacant, the Schnucks at Clayton & Hanley is vacant - there is prime property all over the region that is idle. Too much supply and not enough demand. The situation isn't hopeless, its just takes the right buyer and the right seller. It will happen at some point - its a potentially great property, so I hope it happens sooner rather than later.
- 1,610
I've heard work is happening at the old Felix's location. Anyone with a scoop on what's going in there?
Yep, it's a whisky bar. The post did an article on it awhile back. I can't find it now.ricke002 wrote:I've heard work is happening at the old Felix's location. Anyone with a scoop on what's going in there?
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Nice!
Edit: Here is the only article I could find. Paywalled..
http://www.bizjournals.com/stlouis/news ... gtown.html
^ Renovating. Operating on the first floor and basement. To be named Stone Turtle (play on Turtle Park's turtles). I'll leave the rest behind the paywall, but sounds cool.
Might be something worth watching near Dogtown. 17 properties up for sale. Dogtown is seeing a lot of infill, could be a good opportunity for more.
https://www.loopnet.com/listing/land-for-sale/19315324/
https://www.loopnet.com/listing/land-for-sale/19315324/