urbanSTL

I think this is one of the projects that Pinnacle was putting money into, so I would assume that they will probably put this in with phase two.

^Care to elaborate?



Not gonna happen? Not a pretty building? Pinnacle has somehow made it to where this is the only residential they're obligated to build?

Very cool building.

Shimmy wrote:That looks tight. So, does that mean that this thing is still a go?

don't know if this is a go, but PNK is bound to $50mill in residential.

I would love to see this in 5 years, but let's first fill all the other condos downtown. The city needs to do all it can to bring more professional jobs downtown. This will in turn bring more residents, which will then attract more retail.

More professional jobs??



More jobs are always a good thing, but there are already over 80,000 workers downtown daily. What the city needs to do is add green space around the buildings that aren't littered with bums, and to update all the street lights and landscaping. Downtown is tired and old.

fireman wrote:More professional jobs??



More jobs are always a good thing, but there are already over 80,000 workers downtown daily. What the city needs to do is add green space around the buildings that aren't littered with bums, and to update all the street lights and landscaping. Downtown is tired and old.

We've got green space out the (backside) right now. And just because downtown has 80,000 daytime workers doesn't mean that it wouldn't be better off with many, many more.

Given that the latest "new" release on their website is from December 2005 and one of the links is broken, plus it has been over 2 years since the "partnership" with Pinnacle on this building was announced - and I have heard very little about it since - I'd say this is pretty much dead.

I think that this thread will be moved eventually with Lumiere Place Phase II

http://www.urbanstl.com/viewtopic.php?t=5163



This project is mainly in conjuction with this phase of Lumiere Place.

Pinnacle hasn't shown Port St. Louis on any of their renderings or models for Phase II that I have seen. And I suspect that if they are going to invest a large chunk of cash into residential for Phase II, they will do it on their side of the MLK bridge, on land they control.

fireman wrote:More professional jobs??



More jobs are always a good thing, but there are already over 80,000 workers downtown daily. What the city needs to do is add green space around the buildings that aren't littered with bums, and to update all the street lights and landscaping. Downtown is tired and old.

On a long list of 5,000,000,000,000 things DT needs. Green space isn't even close to scratching that list.

look at google maps there is way to much green/brown and parking spaces its actually kind of embarrassing

jlblues wrote:Pinnacle hasn't shown Port St. Louis on any of their renderings or models for Phase II that I have seen. And I suspect that if they are going to invest a large chunk of cash into residential for Phase II, they will do it on their side of the MLK bridge, on land they control.

You can see more info at www.rodgers-group.com or www.portstlouis.com of the Rodgers Group Development.



Port St. Louis - 10 story with rooftop pool and boat docks for direct access to the Mississippi river. Pretty cool for boat owners.

dina wrote:

jlblues wrote:Pinnacle hasn't shown Port St. Louis on any of their renderings or models for Phase II that I have seen. And I suspect that if they are going to invest a large chunk of cash into residential for Phase II, they will do it on their side of the MLK bridge, on land they control.

You can see more info at www.rodgers-group.com or www.portstlouis.com of the Rodgers Group Development.



Port St. Louis - 10 story with rooftop pool and boat docks for direct access to the Mississippi river. Pretty cool for boat owners.

Um, yeah, a whole lot of "info" on that site. It hasn't changed in 2 years.

matguy70 wrote:I think that this thread will be moved eventually with Lumiere Place Phase II

http://www.urbanstl.com/viewtopic.php?t=5163



This project is mainly in conjuction with this phase of Lumiere Place.

I'd leave it under residential, if I were you. I certainly would not look for this development under a casino!

^Or...maybe the project is dead.



If Pinnacle owns that land now, which may very well be the case, what makes you think they are going to build some project that a couple of twin brothers from Clayton, with little real estate experience, dreamed up? Don't you think Pinnacle would want it's own architects and development people on the project? If that is the case, then Port St. Louis is dead and those websites are meaningless. How do you know Pinnacle is going to build anything there? They might want to make it a dog park for all you know. Don't you think that Pinnacle would have included this project in their Phase II renderings and models if it was to be part of Phase II???



As far as the first line of your post goes...you'll have to translate that for me, but it sounds as though you didn't bother reading the last few recent posts.



FWIW: PORT ST LOUIS CONDOMINIUM LLC owns the site in question. All of Pinnacle's property north of the MLK bridge is owned by PNK (ST. LOUIS RE) LLC, PNK (ES) LLC, CASINO ONE CORP, or PINNACLE ENTERTAINMENT INC. They do have the same contact address listed, 727 N 1ST ST, STE 500.

matguy70 wrote:I think that this thread will be moved eventually with Lumiere Place Phase II

http://www.urbanstl.com/viewtopic.php?t=5163



This project is mainly in conjuction with this phase of Lumiere Place.

Do you have some information that would indicate that the Port St. Louis project is to be part of Phase II?

jlblues wrote:Do you have some information that would indicate that the Port St. Louis project is to be part of Phase II?

I remember hearing that Pinnacle committed to doing that project.

DeBaliviere wrote:

jlblues wrote:Do you have some information that would indicate that the Port St. Louis project is to be part of Phase II?

I remember hearing that Pinnacle committed to doing that project.

They "committed" to investing $25 million in the project, over 2 years ago, if the Rodgers brothers were to proceed with the project. That was their only "commitment", other than the theoretical $50 million residential investment "commitment" to the city. These "commitments" are simply contracts which expire and/or are renegotiated all the time, and that commitment was long before Pinnacle announced their expanded Phase II plans. I haven't seen or heard anything since, other than the occasional blurb in the PD or BJ that is just a review of old information. And nowhere did they say that Port St. Louis was to be part of Phase II of Lumiere Place.



From the BJ article on page 4 of this thread:

Mark Rodgers said, "At that point, (the project) was almost 40 percent pre-sold. One thing led to the next, and we signed a joint operating agreement," with Pinnacle taking on half the risk of the project. The deal was announced Dec. 8.

That was Dec. 8, 2005.



So, again, does anyone have any recent info on this project that would indicate it is still alive? If not, why are people discussing and/or critiquing it?

jlblues wrote:^Or...maybe the project is dead.



If Pinnacle owns that land now, which may very well be the case, what makes you think they are going to build some project that a couple of twin brothers from Clayton, with little real estate experience, dreamed up? Don't you think Pinnacle would want it's own architects and development people on the project? If that is the case, then Port St. Louis is dead and those websites are meaningless. How do you know Pinnacle is going to build anything there? They might want to make it a dog park for all you know. Don't you think that Pinnacle would have included this project in their Phase II renderings and models if it was to be part of Phase II???



As far as the first line of your post goes...you'll have to translate that for me, but it sounds as though you didn't bother reading the last few recent posts.



FWIW: PORT ST LOUIS CONDOMINIUM LLC owns the site in question. All of Pinnacle's property north of the MLK bridge is owned by PNK (ST. LOUIS RE) LLC, PNK (ES) LLC, CASINO ONE CORP, or PINNACLE ENTERTAINMENT INC. They do have the same contact address listed, 727 N 1ST ST, STE 500.

matguy70 wrote:I think that this thread will be moved eventually with Lumiere Place Phase II

http://www.urbanstl.com/viewtopic.php?t=5163



This project is mainly in conjuction with this phase of Lumiere Place.

Do you have some information that would indicate that the Port St. Louis project is to be part of Phase II?

You said:



Pinnacle hasn't shown Port St. Louis on any of their renderings or models for Phase II that I have seen. And I suspect that if they are going to invest a large chunk of cash into residential for Phase II, they will do it on their side of the MLK bridge, on land they control.



I said:



You can see more info at www.rodgers-group.com or www.portstlouis.com of the Rodgers Group Development.



What needs translation? You didn’t find info on one site so I offered another site. Seems pretty simple to me. Sorry…didn’t know you needed everything explained. Next time I’ll speak more slowly for you or I’ll draw a picture.



and...who are you to say what we can talk about/critique? Get a life.