It looks interesting from that angle.wabash wrote:Millenium Center @ 515 Olive
I highly doubt that in Cleveland, a tower of that size would cost $1500/per sq ft to build today...even including land costs, thats just astronomical.roger wyoming II wrote:And in the "they sure don't make things like they used to" column, "The property cost $17 million to build nearly a century ago. At the time, it was the second-largest office building in the world. It would cost $2.2 billion to build today, Coyne said." I guess if I pull out a calculator I can enter 2.2 billion/1.4 million and compare the per square foot cost to what new construction costs in NYC or London these days, but I'm pretty confident the end result for what we churn out today wouldn't be nearly as nice.
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^ According to wiki, it appears the One World Trade Center (Freedom Tower) cost $3.8 billion with a floor area of 3.5 million sq. ft. That might be as expensive as it gets in the country.
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I thought they were apartment rentals...gary kreie wrote:By the way, you can tour the condos for sale in the Millennium Center, including that Penthouse shown here with the balcony all the way around. Their sales office is on the first floor of the building.wabash wrote:Millenium Center @ 515 Olive
It gets more expensive than that in Manhattan (if you're including land costs).roger wyoming II wrote:^ According to wiki, it appears the One World Trade Center (Freedom Tower) cost $3.8 billion with a floor area of 3.5 million sq. ft. That might be as expensive as it gets in the country.
I was just referring to Cleveland and it being a small city. There's just no way a highrise would cost that much there. In NYC, just the building construction costs are around $600 per sq ft. And I bet thats twice as much as it would cost to build new in Cleveland.
Why isn't this building turned into something like the Chelsea Market meets the hippest retail boutiques in St. Louis? Perhaps just the first and second floors, and go from there. Why aren't the windows turned over to Wash U design students/ architecture/ fashion school etc. the photo wraps look great and all, but imagine where each window is given to a student to create something awesome..perhaps it would at least get people talking about the building.. Which I see Sansone is now marketing..
Imagine the first few floors turned into a whole new style, modern day "mall"... and boutique operators mostly, not just foot locker and the like..
http://www.dionco.com/tedtopping/CoolHunterRetail.htm
Imagine the first few floors turned into a whole new style, modern day "mall"... and boutique operators mostly, not just foot locker and the like..
http://www.dionco.com/tedtopping/CoolHunterRetail.htm
^ Ever since visiting NYC last year, I've been enamored with a couple of concepts that I think could be successful here.
One is Chelsea Market. The other is the Brooklyn Bazaar. The Bazaar would be better pulled off elsewhere, but Chelsea Market would be fantastic in RX. I wish it would happen.
One is Chelsea Market. The other is the Brooklyn Bazaar. The Bazaar would be better pulled off elsewhere, but Chelsea Market would be fantastic in RX. I wish it would happen.
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I had posted before that Pittsburgh's equivalent to the Railway Exchange was slated for a mixed-use redevelopment after Macy's pulled out that was quite similar to what ULI proposed for the RR/X. Looks like a brand called Even owned by Reception Hotels has bought 2 floors from the master developer.
http://www.post-gazette.com/business/de ... 1512020077
The Even brand is geared toward the fitness conscious crowd. It offers an “athletic studio” in the hotel with “three workout zones and best-in-class equipment,” according to its website. There are Even Hotels in New York, Connecticut and Maryland, but none in Pennsylvania.
The first 2 floors are planned for retail and the remaining floors for 311 apartments. Hopefully we can pull something off like that before too long for RR/X.
http://www.post-gazette.com/business/de ... 1512020077
The Even brand is geared toward the fitness conscious crowd. It offers an “athletic studio” in the hotel with “three workout zones and best-in-class equipment,” according to its website. There are Even Hotels in New York, Connecticut and Maryland, but none in Pennsylvania.
The first 2 floors are planned for retail and the remaining floors for 311 apartments. Hopefully we can pull something off like that before too long for RR/X.
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roger wyoming II wrote:Holy downtown redevelopment tsunami!
https://nextstl.com/2016/05/1-2m-sf-rai ... t-planned/
Woah!
Saying "this is huge!" doesn't seem to do justice for how big of a deal this would be, but I can't think of anything else to say.
It seems to be way too early to celebrate just yet, but it looks like the developers in this know what they're doing and aren't in over their heads. That's definitely encouraging.
It seems to be way too early to celebrate just yet, but it looks like the developers in this know what they're doing and aren't in over their heads. That's definitely encouraging.
Amazing. Incredible news! This could really turn some heads if this pans out. Just seeing all this construction going on downtown will definitely get people talking. Now if we could just get some streetscape improvements!
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Olive from Broadway to 8th isn't going to be recognizable in 5 years. I'm also hearing rumors that downtown YMCA might be relocating to NW corner of 6th and Locust. Railway Exchange redevelopment might be the shove they needed. Would probably look similar to the YMCA in downtown Houston. ![]()
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^ Yup... I'd say the stretch of Locust from Broadway to 7th is probably downtown's saddest.
I've long been hoping for a new Y and that seems like it would be a great location. Cleveland just opened a new DT Y in an under-performing indoor mall similar to the Saint Louis Centre, although it still has some stores left:
http://www.cleveland.com/metro/index.ss ... _open.html
I've long been hoping for a new Y and that seems like it would be a great location. Cleveland just opened a new DT Y in an under-performing indoor mall similar to the Saint Louis Centre, although it still has some stores left:
http://www.cleveland.com/metro/index.ss ... _open.html
The downtown YMCA has been gathering comments about their future. I sent a few suggestions, including my support for this location. If you agree, the manager is verrrrry polite, drop her a line.
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^ Can you do me a fave and make an overview post of what's going on with a possible move over at the Downtown Y thread here:
http://urbanstl.com/forum/viewtopic.php ... ca#p255375
http://urbanstl.com/forum/viewtopic.php ... ca#p255375
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These comments were added to the NextStl article. Looks like the rumors were right about the Rams negative impact on downtown....
Quote from NextStl Facebook PageComments by Avi Greenbaum of Hudson Holdings added to story: Asked about factors supporting the redevelopment plan, Greenbaum stated, “None of these deals would be possible without historic tax credits. We’re very grateful to the state of Missouri and St. Louis leaders for supporting the program.” He also stated his belief that the departure of the NFL Rams will be an overall positive for the downtown hospitality market and that the team’s presence had been a negative influence on downtown convention business.
Any idea how that 6th/Locust would work? 10 years ago, Gold's Gym was in that space for a little while.
Would this new location include all the amenities? pool, spa, sauna, etc?
Would this new location include all the amenities? pool, spa, sauna, etc?
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With all the comments on the Y possibility at M/X I put a comment over on the Downtown Y thread hoping we can move discussion over there.
http://urbanstl.com/forum/viewtopic.php ... 45#p268745
Or not.
http://urbanstl.com/forum/viewtopic.php ... 45#p268745
Or not.
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Rams leaving was the best thing this city could have done the more and more i think about. The team itself was a black hole a few winning seasons along with the super bowl but i don't think the team truly felt like it was St.Louis' from start to finish. Its sad that we were actually fighting to keep that team here including myself but i honestly feel relieved.
Kroenke did us a favor and I'm sure his death will be celebrated by many St.Louisans and I'm not sorry say that after he tried to completely demoralize St.Louis.
He's simply the grinch
Anyways moving on to the REB this will be perhaps the most explosive development in the central business district the sheer size of the building alone will have so much foot traffic pending amenities and attractions. Then when you add the chemical sullivan then the locust block with an already completed arcade grocery store OPOT along with the possibility of YMCA this area will be blazing.
This is a reason to be optimistic about downtown.
Kroenke did us a favor and I'm sure his death will be celebrated by many St.Louisans and I'm not sorry say that after he tried to completely demoralize St.Louis.
He's simply the grinch
Anyways moving on to the REB this will be perhaps the most explosive development in the central business district the sheer size of the building alone will have so much foot traffic pending amenities and attractions. Then when you add the chemical sullivan then the locust block with an already completed arcade grocery store OPOT along with the possibility of YMCA this area will be blazing.
This is a reason to be optimistic about downtown.
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Don't get excited yet
"Initial reports made it seem like the developer had experience in redeveloping large buildings -- they don't yet."
http://www.urbanreviewstl.com/2016/05/c ... -building/
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"Initial reports made it seem like the developer had experience in redeveloping large buildings -- they don't yet."
http://www.urbanreviewstl.com/2016/05/c ... -building/
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