by
dredger » Fri Feb 05, 2016 7:11 pm
In the back of my mind trying to comprehend how this development can even close to delivering on all that acreage considering the following:
1 - Clayton CBD is and will be seeing significant development of residential/office and hotel space across the board. What happens if Montgomery bank finally speculates on a tower and the new development expected on the east end that will replace the tri condo proposal.
2 - Cortex/Wexford and CWE in the immediate neighborhoods still seeing growth with everything from apartment being built or proposed from Euclid, to Lindell to N. Sarah to Pershing Ave, Clayco's loop project, to Greenstreet FPSE and yet we are expecting more sooner than later. Not too mention that Koplar/Koman/Clayco deal might come up. Just to add to that you got Lawrence group in Mid-Town as well as taking over the Federal Mogul site
3 - Downtown still has viable opportunities from Chemical, to Railway and to what LHM is doing at Union Station and now some serious discussion on MSL downtown/riverfront stadium. This doesn't include the fact that BPV maybe one day will put up phase II, CVC convention expansion and Drury sitting on Landing property
Now take other competing but smaller St. Louis County developments that will offer space not including the continuing development of Chesterfield valley with space still to go and CC/Dansforth planned expansion/repurpose of Montsana CC campus
1 - LHM Westport redevelopment with WWT anchoring. I doubt LHM will want to stop with WWT
2 - Development at Manchester Ave and I270
3 - Richmond Heights mixed use from Boland Place to Manhassett development & I64/Hanley hotel development, Sunnen development & The Boulevards phase II (I wouldn't be surprise if they find a way for phase III). Throw in the old Schnucks store
4 - Crestwood mall redevelopment plan that got a city TIF hearing this week.
5 - Someone will come up with a plan for the defunct outlet mall & a new home for Blues training
6 - I believe Northwest Plaza can still offer more development
7 - Developments in and around Lambert including North Park and the two parks along the north side, one that overtook Ford old site and Hazelwood Logistics that got new life.
Finally, St. Charles County won't go down without a fight and Fenton is still trying to desperately trying to find a way to develop the old Chrysler site.
In all consideration, hope central corridor from downtown to Clayton CBD and periphery neighborhoods & munis win the day. Just to much stock to rebuild & replace and space to infill for a huge new development on a floodplain to happen.