Set up almost done
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They’re most certainly moving along quickly…..
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^ Ryan McClure doesn’t do bait and switches, he delivers on what he said he will deliver
I'm not worried about a bait and switch. The building had to come down.
I am worried that the market (both macro and local) is going to be weaker when it's time to build and Cordish walks away from the original vision.
I am worried that the market (both macro and local) is going to be weaker when it's time to build and Cordish walks away from the original vision.
I can't recall a significant project that has ever kept its original vision in my limited memory. Its still about private capital financing the project based on what the owner/developer thinks the market will demand and tenants it can land. My hope is Cordish has a major law firm in its pocket that will pay a premium for at least part of the vision.addxb2 wrote: ↑9:14 PM - Apr 16I'm not worried about a bait and switch. The building had to come down.
I am worried that the market (both macro and local) is going to be weaker when it's time to build and Cordish walks away from the original vision.
But like you said, timing is brutal as a good argument can be made that we are heading towards or if not already in stagflation. That is worst situation to get this project breaking ground with interest rates not coming down for financing and costs keep creeping on ever upward trajectory.
I feel like this development's scope was relatively based in reality. Thompson Coburn could easily be the company theyre targeting for the office portion and there's good evidence that there's strong demand for luxary apartments downtown. They're really making the building itself the attarction for residents as opposed to relying on downtown, like smaller projects do. I agree that the largest issue will be stagflation and broader economic trends, but I feel like market demand is not a big concern for this. Remember, new Class A office is actually in high demand.dredger wrote:I can't recall a significant project that has ever kept its original vision in my limited memory. Its still about private capital financing the project based on what the owner/developer thinks the market will demand and tenants it can land. My hope is Cordish has a major law firm in its pocket that will pay a premium for at least part of the vision.addxb2 wrote: ↑9:14 PM - Apr 16I'm not worried about a bait and switch. The building had to come down.
I am worried that the market (both macro and local) is going to be weaker when it's time to build and Cordish walks away from the original vision.
But like you said, timing is brutal as a good argument can be made that we are heading towards or if not already in stagflation. That is worst situation to get this project breaking ground with interest rates not coming down for financing and costs keep creeping on ever upward trajectory.
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Well, come on now let’s not be pessimist. Let them prove us wrong, right? 
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Not sure if this has been brought up before, but why couldn't they begin construction on the residential tower while the existing tower is being demolished? Is it to save money or use the site of the old mid-rise as a "dumpster yard"?
A number of reasons, the main one being full financing likely isn't secured and the new buildings probably aren't fully designed yet and have yet to be approved when they are. Major utility work likely needs to be done for the whole site, soil testing needs to be done under the existing buildings which can't take place until they're removed, debris/dust/asbestos management with the tower coming down makes simultaneous new construction more difficult, etc.jacob_rb_15 wrote: ↑1:20 AM - Apr 17Not sure if this has been brought up before, but why couldn't they begin construction on the residential tower while the existing tower is being demolished? Is it to save money or use the site of the old mid-rise as a "dumpster yard"?
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I wonder if the will retain the tunnel to the parking garage under 4th?
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Once the new building goes up, that will be such a symmetrical balanced skyline
Except for the horrible no good Peabody
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Except for the horrible no good Peabody
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A small bit concerning the crane and its operator from our local news station.
https://www.msn.com/en-us/money/compani ... ocialshare
https://www.msn.com/en-us/money/compani ... ocialshare
A great video showing the methodical approach to the tear down.
This project is going to look so cool in a year.
This project is going to look so cool in a year.
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On Tuesday I did some sightseeing with relatives in town. We drove out to The Boathouse restaurant on the Mississippi River in St. Charles County, and then took the Grafton Ferry to the Grafton Aeries Skylift up the bluff to take in the view and have a couple beers. Nice new restaurant up there. Quite a view. Humidity was low so we were out on the outside deck.delmar2debaliviere2downtown wrote: ↑Feb 25, 2025Yes I agree (though maybe not to its fullest potential and mitigate its positives effects on liveliness downtown as it will be somewhat isolated still).PlatinumBlues wrote: ↑Feb 25, 2025This development will be successful without a capping & a pedestrian bridge is better than nothing I think there’s going to be some heavy landscaping with lots of trees to take out the noise
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However, I don’t know how they can make an amphitheater work without the removal or extended capping of the interstate.
Downtown or its nearby surroundings needs an outdoor music venue, but I don’t know if we should lose the opportunity for a better location to have this one (and this proposal shows that developers must see their could be demand for one).
We don’t live in a perfect world, so we can’t cherry pick sites but there are numerous sites that would be much more suited for an outdoor amphitheater (in no order):
1) East riverfront with audience facing west
2) Schiller/Eternal Flame parks with audience facing Stifel Theater
3) Parking lot under the train shed
4) Near North Riverfront somewhere between MLK and Cass with audience facing south (potentially part of Lumiere complex)
5) Demo peabody plaza for one (I kid, kind of)
Part of Gateway South would be awesome (and I think a previous proposal at the site included one) but I think noise would be an issue there too.
I don’t know how large of an amphitheater we are talking nor why it is called Eddy. I guess if it’s small and not actually for larger touring groups that currently go to Maryland Heights casino, there is still the possibility for a large outdoor amphitheater to compete for acts on the north or east riverfront. I’m just not sure I get any size amphitheater working exactly where they have rendered it.
You don’t have to be far from an interstate or heavy trafficked railroad, but you can’t be right on top of one like the Millenium amphitheater proposal.
I’m positive about the rest of the proposal
Today I saw a post on Threads about the best Amphitheaters in the country and of course Red Rocks was everyone's favorite, and The Gorge in Washington state was next. I was wondering where St Louis might be able to create an amphitheater that could be our version of Red Rocks. Saw delmar2debaliviere2downtown post above that had a pretty good list. For a great backdrop, I could see an amphitheater built into the Alton or Grafton bluffs with a view of the Mississippi being a candidate. The new Millennium plans will supposedly include one. But it looks a bit small and what would it look at? Projects like to include things like this and fountains when they want approval, then they disappear after approval or get turned into planters instead of fountains.
Other than Grafton or Alton view, I think only an amphitheater right across the river with the crowd facing the Arch could come close to being our Redrocks, but something along the undeveloped North riverfront where the Rams stadium was considered would be impressive. Or, of course, we could make some part of the Arch grounds like the Steps or South end into a regular amphitheater if the NPS would allow.
The amphitheater needs to be in East St. Louis with the Arch and Downtown Skyline as the backdrop. Great highway access, Metrolink access, optimal hotel options, center of the region (I know, not population center). But it makes sense for so many reasons and would be an iconic venue.
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Unfortunately these days venues like to build themselves in a farm field on the edge of town (with no transit access) so they can sell parking spots for $20 to a captive audience
A rendering shown by Steve Smith. Not sure if this is AI or a new rendering.
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In the video he prefaces that he was having a conversation about "potential" and that everything he is showing there are just his ideas. Not official plans. ...it is curious why he decided to show a graphic of a site with different design and scale from the actual already existing plans...addxb2 wrote: ↑2:39 AM - Jul 29A rendering shown by Steve Smith. Not sure if this is AI or a new rendering.