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PostJan 26, 2011#526

dweebe wrote:Strange work/construction schedule at Park Pacific. I've seen workmen installing windows, hammering away or doing welding during evening hours the last few weeks. Sometimes as late as 10pm when coming out of a Blues game.

And no, these aren't bums robbing the place of copper. These are guys in hardhats, Carhart jackets etc doing actual work.
Downtown Update
Park Pacific, one of the largest development projects underway, is wrapping up construction more than two months ahead of schedule. Residences, retail, office and parking will all be available in late March. The leasing center will open the first week of February, check it out at www.liveparkpacific.com

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PostJan 26, 2011#527

Not sure if it means anything or where it's coming from, but I'm liking the sense of urgency this smacks of...Downtown and the region need to be smart, but need to be moving on everything like it was due yesterday...

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PostMar 01, 2011#528

http://liveparkpacific.com/FloorPlans.aspx

Floor plans and pricing are out. Rental rates seem a little high. Cant wait to see how quickly these go.

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PostMar 01, 2011#529

I am a downtown resident and I am completely feed up with my current loft building and I was seriously looking into potentially making the move to the Park Pacific in March after a receiving a pamphlet and hearing rave reviews about the property from friends.

After viewing the rates online I believe that the rental rates are excusive for a 500 Sq foot efficiency….. Almost a $1000 dollars?????

I don’t think the developers did an adequate job of researching market conditions in downtown. At the rates they are currently leasing the property for the lofts are going to sit empty for a long long long long time..

To say the least I will not be exploring the possibility of moving into the building.

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PostMar 01, 2011#530

They might be off. We'll see. What would be the current upscale rental property in downtown? Perhaps this is a missing segment. A sample of least expensive rates posted on their site are as follows:

Argonaut 1 bath $899 - $979 558 sq. ft.
Butte Special 1 bath $989 - $1,039 582 sq. ft.
Californian 1 bath $939 - $1,019 613 sq. ft.
Cascade Limited 1 bath $969 - $,1039 633 sq. ft.
Challenger 1 bath $1,039 - $1,199 668 sq. ft.

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PostMar 01, 2011#531

prophett wrote:
I don’t think the developers did an adequate job of researching market conditions in downtown. At the rates they are currently leasing the property for the lofts are going to sit empty for a long long long long time..
Maybe the developers know something we dont. Like a new company with 400 employees being relocated to downtown by Q3-Q4.

Alex Ihnen wrote:They might be off. We'll see. What would be the current upscale rental property in downtown? Perhaps this is a missing segment.
I was thinking they were gonna come in around $1.30 per sq ft rental rate.

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PostMar 01, 2011#532

Reasonably I believe based on the properties location and the current state of the downtown rental market the property could support $1.10 per a sq foot leasing rate.

Lets be honest Downtowns office population isn’t increasing.

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PostMar 01, 2011#533

stlien wrote: Maybe the developers know something we dont. Like a new company with 400 employees being relocated to downtown by Q3-Q4.
Do you know something we don't? Say, like a new company with 400 employees being relocated to downtown by Q3-Q4?

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PostMar 01, 2011#534

With downtown residential occupancy rates near 95% it's good to see them push the limits of what the market can bare.

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PostMar 01, 2011#535

ricke002 wrote:
stlien wrote: Maybe the developers know something we dont. Like a new company with 400 employees being relocated to downtown by Q3-Q4.
Do you know something we don't? Say, like a new company with 400 employees being relocated to downtown by Q3-Q4?
Major press conference downtown tomorrow, saw it on the DT Projects thread.

hmmmmmm.....

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PostMar 01, 2011#536

shadrach wrote:
ricke002 wrote:
stlien wrote: Maybe the developers know something we dont. Like a new company with 400 employees being relocated to downtown by Q3-Q4.
Do you know something we don't? Say, like a new company with 400 employees being relocated to downtown by Q3-Q4?
Major press conference downtown tomorrow, saw it on the DT Projects thread.

hmmmmmm.....
That's just Peabody announcing they are staying in Gateway One instead of splitting for Clayton.

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PostMar 02, 2011#537

In related news, the awful parking garage gets more awful.

It looks like the glass enclosed stairwell feature on the Southeast corner will only get glass on the first 2 floors. :/




Sent from my AT&T iPhone using Tapatalk

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PostMar 02, 2011#538

Something is wrong with this City. What the hell does Planning and Urban Design do? How did they approve this parking garage? Were they doing bong hits with the developer while reviewing the site plan and elevations? And will Slay, Williams, and Reed place their picture on this albatross as well?

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PostMar 02, 2011#539

I understand the funding issues associated with delaying this project and watering down the design. Regardless, Lawrence Group should be really, really embarrassed by this building.
Smith said he didn't think about the new bridge when planning the Park Pacific project. But he added that he now realized that the street project and bridge meant more development potential for the Tucker corridor.
Old news I know, but the above quote says it all. I know it happens frequently, but how can an architect not think past the property lines? Specifically for a building HE owns, and especially when you consider this project has decimated the LG books. Sheer cluelessness with a horribly ugly design to boot.

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PostMar 02, 2011#540

That's incredible! Really?!?! That's literally insane.

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PostMar 02, 2011#541

I think they might be catering to Wells Fargo. They are starting to have a lot of transplants for short periods of time 6 months to a couple years. Most are single individuals pulling in at least 100k+ at a staff level.

That is my assumption on their pricing.

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PostMar 02, 2011#542

zink wrote:I think they might be catering to Wells Fargo. They are starting to have a lot of transplants for short periods of time 6 months to a couple years. Most are single individuals pulling in at least 100k+ at a staff level.

That is my assumption on their pricing.
Oh ok. That makes sense. I wonder if Peabody will be increasing their staff as well.

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PostMar 02, 2011#543

Park Pacific (right of center) will feature an upscale restaurant.

MORE PICS & INFO

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PostMar 02, 2011#544

doug wrote:Something is wrong with this City. What the hell does Planning and Urban Design do? How did they approve this parking garage? Were they doing bong hits with the developer while reviewing the site plan and elevations? And will Slay, Williams, and Reed place their picture on this albatross as well?
Reminds me of 40/64 office building parking garages. Maybe they can fill in part of Tucker with soil, an over the top irrigation system for sod mowed in a diagonal pattern, and some expensive 6" caliber white pines to soften up the new, new brutalism thang they have going on. :D

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PostMar 03, 2011#545

That parking garage is truly one of the ugliest buildings I've seen in a long, long time! Right on a major thoroughfare, too. Everyone involved should be embarrassed.

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PostMar 03, 2011#546

What could be some ways to mitigate this, anyway? Turning the side of the garage into a large outdoor movie screen, pull out all of the stops and load it up with advertisements and screens, make it into a vertical garden? Downtown has GOT to get away from this cold, concrete bunker vibe, and here we are reinforcing it? Good lord.

Seem's like a lost opportunity to engage both Tucker and Kaufman Park...

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PostMar 03, 2011#547

^The vertical garden idea sounds particularly appropriate. A mesh attached to the exterior for 'growies' would echo the park and hide the garage. Anything to soften the excessive amounts of beige on and around Tucker would be great. It is not too late...

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PostMar 03, 2011#548

Heres a link to a NY Times articleabout vertical gardens -

http://www.nytimes.com/2010/05/06/garde ... tical.html

examples -


http://www.laquaintrelle.com/wp-content ... ontmax.jpg


http://www.thegrowspot.com/vertical-gardens/avignon.jpg


http://assets.nydailynews.com/img/2010/ ... garage.jpg

I know it's a tough economy, but we need to realize, and seize what small opportunities we do have downtown. This is/was such a high profile opportunity.

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PostMar 03, 2011#549

I also like the hanging garden idea (not as much as I like the garage-not-being-there idea though) and would imagine this would be a rather inexpensive endeavor -- what are we looking at, $10K on the super-high side? Hell, for about a thousand bucks you can lay down the mesh, insert some ivy and let nature do the rest.

Going a step further, if the garage could re-fit its gutter system as a rain channel collecting and distributing rain to various points of the wall, you could see a self-maintaining, 3/4 yearlong garden. But do something -- paint a mural, hang a Samsung ad -- something for what should be one of downtown's major thoroughfares.

P.S. I also would like to rename Tucker as Gravois. Embrace the French heritage a little more downtown.

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PostMar 03, 2011#550

framer wrote:That parking garage is truly one of the ugliest buildings I've seen in a long, long time! Right on a major thoroughfare, too. Everyone involved should be embarrassed.
Well, to be fair, it is more attractive that the one at Tucker & Locust. :)

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