Sounds great. $13M mixed us. More to follow.
Great project, but are they really gonna do that to those second-floor windows? Wouldn't historic tax credits be available to more than offset the cost of doing them right?
Delmar and Bayard are not in a local historic district. It'd have to be on the national register to get HTCs, IIRC.
Alert: Fountain Park isn't in a Preservation Review Area. Not that that means much these days.
Alert: Fountain Park isn't in a Preservation Review Area. Not that that means much these days.
Submission for the TIF Commission - An ambitious 5 phase mixed use project, over 80 million in investment
https://www.stlouis-mo.gov/government/d ... Packet.pdf
https://www.stlouis-mo.gov/government/d ... Packet.pdf
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Wow... Development projects like this are exactly why TIF exists. Godspeed and good luck.
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Is there a timetable on this 5 phase project?beer city wrote:Submission for the TIF Commission - An ambitious 5 phase mixed use project, over 80 million in investment
https://www.stlouis-mo.gov/government/d ... Packet.pdf
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Maybe not do the chef's hat?
Save $ on replacing lintels?
Happy the old bank/Jimmys Cabaret bldg is 1st in line.
It says starting 2021 - did not see a implementation timetable, but it might be buried in there. It did list Trivers and KAI as the architectsSeattleNative wrote: ↑Oct 12, 2020Is there a timetable on this 5 phase project?beer city wrote:Submission for the TIF Commission - An ambitious 5 phase mixed use project, over 80 million in investment
https://www.stlouis-mo.gov/government/d ... Packet.pdf
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Not from what I have seen, my guess is that is a place holder renderingquincunx wrote: ↑Oct 13, 2020Is it possible to do that with the windows and qualify for HTCs?
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I’ve emailed Kevin Bryant a bit about his residential rehab pipeline in the neighborhood. He did mention things taking off in 2021 about a year ago. Won’t be surprised if Fountain Park becomes Grove 2.0 in terms of huge increase in desirability for its proximity to CWE. Think Park Central is involved.beer city wrote:It says starting 2021 - did not see a implementation timetable, but it might be buried in there. It did list Trivers and KAI as the architectsSeattleNative wrote: ↑Oct 12, 2020Is there a timetable on this 5 phase project?beer city wrote:Submission for the TIF Commission - An ambitious 5 phase mixed use project, over 80 million in investment
https://www.stlouis-mo.gov/government/d ... Packet.pdf
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Sent from my iPhone using Tapatalk
I would be. Having a neighborhood north of Delmar become that vibrant would be a sea change.SeattleNative wrote: ↑Oct 13, 2020Won’t be surprised if Fountain Park becomes Grove 2.0 in terms of huge increase in desirability for its proximity to CWE.
^ I wouldn't be. Not with Washington University involved as they are in this area and others just north of Delmar like the West End where they are already behind some big rehabs. The Grove wasn't much different from Fountain Park before Washington University started intensely focusing development there. FPSE struggled with significant abandonment, disinvestment, and more than a third of its residents were below the poverty line by the 90s. WashU knows how to drive change. Fountain Park, Academy, and the West End have a bright future as long as WashU and Park Central stay involved.
Agreed. That would really be a dramatic and welcome change.
Putting any Delmar divide stigma aside, I think it has somewhat less going for it than the Grove in terms of location and remaining historic structures, but hopefully it sees a similar level of infill and restoration.
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It's interesting comparing and contrasting the early 90's FPSE/the Grove to today's Fountain Park. Both have proximate geographies to the central corridor and have major arterial roads with empty legacy retail storefronts ready to develop and a couple large buildings keeping activity going (noting that pre-development Manchester held a lot more retained storefronts). Now, FPSE had the significant advantage of proximity to significant institutions that helped stabilize its borders and later invest in the area, including the BJC complex, the Botanical Gardens, and SLU High & the Kings Oak neighborhood. It was still quite a few years before this was followed by Cortex coming into being. Meanwhile, Fountain Park just has Ranken Technical College as its big institution, definitely a comparative disadvantage. However, it also has the price stability of the CWE, including the giant mansions near Portland Place. Another advantage it would have is the building stock within Fountain Park, which includes some real treasures in relative states of decay. If the Hodiamont Trail does come into being in the near term, furthering non-resident pedestrian traffic in the area, it could definitely help the area's viability. Has to be said out loud that both areas have comparable levels of street crime, although the game is definitely more fierce these days in Fountain Park. My personal confidence in this area's potential and viability is tied directly to the new economic development groups in the area which can act like smaller institutions, including the Elevation co-working space & the planned business training center, as well as continued growth for LaunchCode and the MADE maker space a couple blocks west (and Delmar Divine being built a mile or so west). If there's not one already, then someone should create a Fountain Park Opportunity Zone private investment fund and sell the hell out of it to every wealthy mansion owner in the CWE.
^ Same thing goes for the building stock in Academy. Yeah there are some holes...but it largely remains intact. Hopefully as development continues to take off in Skinker DeBaliviere and DeBaliviere Place it will start spreading north into these other areas. I think it will.
Not arguing against it being a sea change for this town...but I think with the agencies involved and the projects proposed so far, we're starting to see some of that change. Another focus should be on Sarah Street. It's already a really nice looking corridor through the CWE (minus the giant strip center at Lindell)...literally extending development up Sarah just 4 additional blocks north from Olive would bleed right into the successful North Sarah redevelopment on the North Side. Just 4 blocks.
Not arguing against it being a sea change for this town...but I think with the agencies involved and the projects proposed so far, we're starting to see some of that change. Another focus should be on Sarah Street. It's already a really nice looking corridor through the CWE (minus the giant strip center at Lindell)...literally extending development up Sarah just 4 additional blocks north from Olive would bleed right into the successful North Sarah redevelopment on the North Side. Just 4 blocks.
The North Sarah development looks great, but the retail/office spots are still largely vacant.
Here is a fly through video I found of the Emerge Business Center at 4701-9 Delmar...
StlToday- Plan calls for millions in projects along Delmar Boulevard, St. Louis' infamous 'divide'
https://www.stltoday.com/business/local ... fab23.html
https://www.stltoday.com/business/local ... fab23.html
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In 15 years we will no longer be talking about the Delmar Divide. It will be Page or MLK.




