Northside Regeneration

jstriebel · PostOct 10, 2013#3762013-10-10T20:35+00:00

If you factor in the infrastructure improvements for the entire area, I'm assuming you start getting closer to that original $149 million. And I'm sure McKee has other things he wasn't ready to announce. Additionally, it's not exactly shocking that some of the projects from almost 3 years ago are no longer part of the plans.

I know I'm supposed to be skeptical and pessimistic about this, but I'm pretty dang excited.

gone corporate · PostOct 18, 2013#3772013-10-18T18:34+00:00

Post-Dispatch: STL Aldermen Give Final Approval to NorthSide
Source: http://www.stltoday.com/news/local/govt ... d1c07.html

Takeaways:
- Passed 21-3
- All that's left is for Mayor Slay to sign it
- Concessionary amendments included
- 23 years x 1,500 acres

Game on, Paul.
Congratulations.
And for all of STL, I sure as hell hope you're able to deliver your best from here on down.

Mark Groth · PostOct 18, 2013#3782013-10-18T22:28+00:00

Does anyone know who the 3 "no" votes were? And, why?

JuanHamez · PostOct 18, 2013#3792013-10-18T22:55+00:00

gone corporate wrote:
Game on, Paul.
Congratulations.
And for all of STL, I sure as hell hope you're able to deliver your best from here on down.

Agreed. When the mayor signs this, this should make national news, if not the front page of the Atlantic Cities. Correct me if I'm wrong but I think once this is active, it would be the largest urban redevelopment project in the US in land size.

I'm sure McKee is well aware that this project will define his legacy and will try to do his best. 100 years from now, this will either be known as the era of the McKee regeneration of St. Louis, or it will sit on the same page as Pruitt Igoe.

Mark Groth · PostOct 18, 2013#3802013-10-18T23:42+00:00

Word on the street is Villa, Vaccaro, Tyus voted no.

goat314 · PostOct 18, 2013#3812013-10-18T23:49+00:00

JuanHamez wrote:
gone corporate wrote:
Game on, Paul.
Congratulations.
And for all of STL, I sure as hell hope you're able to deliver your best from here on down.

Agreed. When the mayor signs this, this should make national news, if not the front page of the Atlantic Cities. Correct me if I'm wrong but I think once this is active, it would be the largest urban redevelopment project in the US in land size.

I'm sure McKee is well aware that this project will define his legacy and will try to do his best. 100 years from now, this will either be known as the era of the McKee regeneration of St. Louis, or it will sit on the same page as Pruitt Igoe.

I also think national attention could attract a lot of developer attention nationwide. With the new bridge landing, strong local support, and nearly half a billion in incentives lined up, its no telling what the near northside will look like in 20 years, even 5-10 years from now.

I also think this project could attract some serious federal investment with our local congressman coming out in full support.

Presbyterian · PostNov 03, 2013#3822013-11-03T03:39+00:00

Update from Tim Logan:

http://m.stltoday.com/business/columns/ ... touch=true

TIF becomes law soon. Up to ten projects to break ground by early next year.

PostNov 03, 2013#3832013-11-03T03:43+00:00

^Quote:

Meanwhile, McKee said his $390 million tax increment financing package, which was approved by St. Louis aldermen last month, will become law in late November, and he’s out seeking money from investors to start street and sewer work.

Once that starts, he said, there are “almost ten” projects of varying sizes that are ready to begin work early next year across the 1,500-acre NorthSide footprint. One or two might start work before 2013 is out.

One of those soon-to-start projects is a pocket of new homes off North Florissant Avenue in St. Louis Place. McKee said he’s still hammering out pricing with his homebuilder-partners, but that he hopes the development will include row houses that start at about $100,000, with the most expensive houses going for around $350,000."

urban_dilettante · PostNov 03, 2013#3842013-11-03T06:17+00:00

^ good news. the "almost ten" thing is weird and vague though. why wouldn't one say "9 potential projects" or "8 potential projects" instead of "almost ten"? maybe he means he's working on securing a tenth project?

goat314 · PostNov 03, 2013#3852013-11-03T15:14+00:00

^ I wish we had more insight and a solid plan for McKee's Northside. I'm sure the insiders have a clear vision of what McKee is trying to do, but his website and PowerPoint are rather vague.

americancitizen · PostNov 03, 2013#3862013-11-03T15:29+00:00

^ For better or for worse, the reality is the project specifics will continue to evolve as funding is approved and market dynamics & responses change. As stated by someone above the ball is now firmly in Mckee's court to deliver and to succeed on a huge scale.

wabash · PostNov 03, 2013#3872013-11-03T19:24+00:00

Hopefully they're familiar with this vision, and attempt something similar:

Mark Groth · PostDec 04, 2013#3882013-12-04T17:13+00:00

Is anyone from the board planning on attending the Paul McKee presentation at Vashon tonight at 6:00?

jstriebel · PostDec 04, 2013#3892013-12-04T23:05+00:00

I'm seeing this too late to make it, but what's anticipated to be presented by McKee? Any major update?

goat314 · PostDec 19, 2013#3902013-12-19T01:00+00:00

Northside redevelopment project to begin in June

Posted on: 6:37 pm, December 18, 2013, by Charles Jaco

ST. LOUIS, MO (KTVI)– Fox 2 has exclusive details on the long-delayed northside development that’s supposed to re-build 1500 acres of the north side and provide everything from new housing to new businesses and new jobs.

The project’s been delayed for years, but now it’s ready to begin.

Developer Paul McKee first began buying up property on the north side over a decade ago. But he now says the last legal hurdles are out of the way, and he expects the mammoth first-of-its-kind project to rebuild a huge devastated part of the city will actually start in June

http://fox2now.com/2013/12/18/northside ... n-in-june/

PostJan 09, 2014#3912014-01-09T23:58+00:00

3 part Interview with Paul McKee

Part I

Part II

Part III

urban_dilettante · PostJan 10, 2014#3922014-01-10T09:04+00:00

in the first video the host says something to the effect of "people are upset with you because you bought all these properties and didn't maintain them" and McKee changes the subject with something like "yeah we got too busy 'cause the city sued us over the TIF in 2009." what a bullsh*t response–he'd been buying properties and letting them crumble since 2003.

Presbyterian · PostJan 10, 2014#3932014-01-10T20:07+00:00

Really an interesting interview with Paul and Midge McKee. Two items I found intriguing:

1. They hope to start by rebuilding two streets: Jefferson and Cass. They say they want them to be beautiful enough to draw people in.

2. Suggestion of an open-air dual NFL-MLS stadium on the Bottle Works site, attached to the Edward Jones Dome. Nothing definite, but certainly a suggestion.

goat314 · PostJan 16, 2014#3942014-01-16T23:18+00:00

Who thinks McKee had the go ahead from the Feds the whole time? With mentions of McCormick Baron and talks with the HUD secretary in his last interview, now this http://www.stltoday.com/business/articl ... 3g.twitter

Sounds like a 21st century urban renewal plan that could potential bring some million federal aid into the Northside. This is a big deal, because this could end up being our generations Pruitt Igoe or if leveraged correctly a true "Northside Regeneration".

PostJan 29, 2014#3952014-01-29T00:31+00:00

Northside could get a lot more interesting.....

ST. LOUIS, MO (KTVI)– President Barrack Obama delivers his state of the union address Tuesday night, and Fox 2 will carry it live at 8 p.m.

During the speech, the president’s expected to say that he’s unilaterally raising the minimum wage on all new federal contract jobs to over $10 an hour, despite opposition from Republicans.

The president’s cabinet members have been making the media rounds before the speech.

The HUD secretary says St. Louis was chosen to be part of the federal government’s Strong Cities Strong Communities program, largely because of developer Paul McKee’s controversial north side regeneration project

http://fox2now.com/2014/01/28/hud-secre ... -st-louis/

Looks like the Feds are about to step in. This could be big and change the trajectory of the project.

pat · PostJan 29, 2014#3962014-01-29T14:40+00:00

That's a little scary. I don't feel like projects designed from the top down especially from the government work the best for the community.

rawest1 · PostJan 29, 2014#3972014-01-29T14:45+00:00

Very interesting. How are we to expect the project's trajectory will change with these developments?

goat314 · PostJan 29, 2014#3982014-01-29T15:26+00:00

^ My guess is that additional federal aid will be made available. We even have the potential to land one of those new tech or manufacturing hubs, that Obama is always talking about. Lets see! I'm actually more excited that something we be done.

roger wyoming II · PostJan 29, 2014#3992014-01-29T16:09+00:00

One thing the Feds can deliver and I suspect will deliver is transit. Look for Saint Louis Streetcar to get done. And I think we can bank on a TIGER grant(s).

rawest1 · PostJan 29, 2014#4002014-01-29T16:13+00:00

roger wyoming II wrote:One thing the Feds can deliver and I suspect will deliver is transit. Look for Saint Louis Streetcar to get done. And I think we can bank on a TIGER grant(s).

Man, oh man, I hope so.

Northside Regeneration

Choose Display Mode