I think it's a tough situation. I mean, we can't fill additional residential downtown right now either. So if we can't fill retail and can't fill residential and a business wants to locate there...you can say it's shortsighted, but there are plenty of developable lots downtown. If this was one of the last and they put parking on it I'd be pissed.Downtown2007 wrote:We are also adding another 100,000 sqft in retail space despite the fact we cannot fill what we have now. Glut in parking spaces and a glut in retail spaces without adding people. How is that sustainable?
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If it's a D&B, I'm leaving.sirshankalot wrote:Nice tease...Please don't let it be a Dave and Buster's...
ugh! you're killin' us!debaliviere wrote: I heard a rumor about one potential retail tenant that I think would make most people happy and would add a little life to the area throughout the day and on weekends, not just at lunch time.
Target would be great but feel it would be the death knell for Macy's. Borders is rumoured to be on the verge of bankruptcy, Trader Joes would be grocery overkill. Maybe it is D&Bs.
the movie theatre changes my opinion of the parking garage. DT desperately needs this. You don't need the garage to make the theatre viable but I'll take the garage as part of the overall package.
That wouldn't be bad. Especially if they flanked it with a Gap and/or Banana Republic.
According to the Mayors blog there is going to be a movie theater on the 2nd & 3rd levels. http://www.mayorslay.com/blog/post.php?postID=17226
Also the skybridge should be down by the middle of the month and there is wrecking ball ceremony planned.
Also the skybridge should be down by the middle of the month and there is wrecking ball ceremony planned.
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The more important question is who will book it? Hopefully Landmark or Harman Moseley.DTSTL wrote:According to the Mayors blog there is going to be a movie theater on the 2nd & 3rd levels.
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Anyone else, and I would probably be a bit concerned.The Central Scrutinizer wrote:The more important question is who will book it? Hopefully Landmark or Harman Moseley.DTSTL wrote:According to the Mayors blog there is going to be a movie theater on the 2nd & 3rd levels.
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If it's a theater, get AMC! They know how to at least CLEAN their theaters and make them presentable. Wehrenberg...although STL based, let's their theaters die and fall apart.
A movie theater! Wow I would actually go back to the theaters! As long as they are the same size or bigger than the Chase's largest screen. (Which happens to be like the smallest screen out in the county) Chase's other screens are just way to small to pay more than $5 to see a movie.
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I hope whoever operates the theater they make an effort to keep refreshment prices low. Or better yet allow people to bring their own refreshments. Then you've increased the demand for a Walgreens or CVS. People would still need popcorn and nachos however, so maybe they'll keep those prices low.
Also let's take the opportunity to do as Dane Cook suggests and put a one-watt lightbulb in the cupholder. With a button to turn it on/off.
I'm a bit disappointed it'll be on the 2nd and 3rd floors. I like having the ticket windows on the street. I'm being picky, I guess I can be happy just having a theater downtown.
Oh and one vote for Regal Theaters, but I'd like to see Wehrenberg get an opportunity to knock it out of the park. "Wehrenberrrrg Theateeerrrs.....Wehrenberg"
Also let's take the opportunity to do as Dane Cook suggests and put a one-watt lightbulb in the cupholder. With a button to turn it on/off.
I'm a bit disappointed it'll be on the 2nd and 3rd floors. I like having the ticket windows on the street. I'm being picky, I guess I can be happy just having a theater downtown.
Oh and one vote for Regal Theaters, but I'd like to see Wehrenberg get an opportunity to knock it out of the park. "Wehrenberrrrg Theateeerrrs.....Wehrenberg"
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Theaters don't make their money on tickets. Take away those expensive snacks and you'll take away their lifeblood.
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What? Occupancy rates for residential properties downtown are at 95%. That tells me that demand is higher than supply. In addition, we are adding more residential with the Park Pacific and Laurel in the next year.Alex Ihnen wrote:I think it's a tough situation. I mean, we can't fill additional residential downtown right now either. So if we can't fill retail and can't fill residential and a business wants to locate there...you can say it's shortsighted, but there are plenty of developable lots downtown. If this was one of the last and they put parking on it I'd be pissed.Downtown2007 wrote:We are also adding another 100,000 sqft in retail space despite the fact we cannot fill what we have now. Glut in parking spaces and a glut in retail spaces without adding people. How is that sustainable?
Where are you getting the 95% figure from? I'm not saying that it is not correct, but from what I have seen with condos (Syndicate, Bogen, and resale market) it looks a little less peachy. Of course, that is just anecdotal evidence so maybe I am just being pessimistic
I've seen many theaters with ticket windows on the street and then an escalator up to the theaters.Arch_Genesis wrote: I'm a bit disappointed it'll be on the 2nd and 3rd floors. I like having the ticket windows on the street. I'm being picky, I guess I can be happy just having a theater downtown.
Oh and one vote for Regal Theaters, but I'd like to see Wehrenberg get an opportunity to knock it out of the park. "Wehrenberrrrg Theateeerrrs.....Wehrenberg"
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Its 89% overall. I apologize. 86% for sale units...90% rental units. That still shows there is a greater demand than supply. Also keep in mind some of the developments that had units for sale have coverted them to rental in the short term which has allowed downtown to keep adding residents. Pretty solid numbers for an area that people still think is declining or struggling.
http://www.downtownstl.org/docs/2009...g%20Update.pdf
http://www.downtownstl.org/docs/2009...g%20Update.pdf
I would be thrilled with a Banana Republic, Gap, and Old Navy consortium if it could be managed.
Also, I would kill for the Dave and Busters to be added downtown. I am so happy about their sale of the company as the valuation shows the company is doing really well.
Also, I would kill for the Dave and Busters to be added downtown. I am so happy about their sale of the company as the valuation shows the company is doing really well.
I agree. I went to a Gameworks in downtown Minneapolis and had a blast. However, when I spoke with some locals, they expressed dismay that I went to someplace so "ghetto." - as in catering to African Americans. Sound familiar? Sigh. At least St. Louis isn't alone in that.clellchatman wrote: Also, I would kill for the Dave and Busters to be added downtown. I am so happy about their sale of the company as the valuation shows the company is doing really well.
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Maybe just me, but I'm not a Dave and Buster's fan. I mean, I'd rather go to Flamingo Bowl and then the Over/Under and then maybe the Tin Can (if I ever went out that is) - seems like that would be a good night.clellchatman wrote:I would be thrilled with a Banana Republic, Gap, and Old Navy consortium if it could be managed.
Also, I would kill for the Dave and Busters to be added downtown. I am so happy about their sale of the company as the valuation shows the company is doing really well.
Dave and Busters locations tend to draw from a very large population area as it is a destination attraction. It therefore would be likely to draw some people into the area who generally wouldn't be there otherwise. Though these people are unlikely to spend too much time outside it on that visit it would be advertising for all the surrounding businesses for the people to come back to.
Also they would be leasing like 50,000 or more square feet for a fairly long term investment. This size would be for one of their smaller ventures, much smaller than their current saint louis facility. That would be a great deal of income to support a building in the area. (Plus it could fill up some of those parking spaces that office people leave open at night.)
Also they would be leasing like 50,000 or more square feet for a fairly long term investment. This size would be for one of their smaller ventures, much smaller than their current saint louis facility. That would be a great deal of income to support a building in the area. (Plus it could fill up some of those parking spaces that office people leave open at night.)
Hope there is no Dave and Busters. Let that stay out in the burbs. 
How much space do you think you need for a Billiards Hall? Would STL Centre be a good location?
Maybe something like an upscale Dave and Busters that caters to a more mature crowd... such as Billiards, and other "bar" type activities. How how many SQFT is Flamingo Bowl?
How much space do you think you need for a Billiards Hall? Would STL Centre be a good location?
Maybe something like an upscale Dave and Busters that caters to a more mature crowd... such as Billiards, and other "bar" type activities. How how many SQFT is Flamingo Bowl?
Maybe it's just the ones I've been to, but in addition to the "gaming" section, they also typically have a large bar, 10-15 pool tables, shuffleboard tables, darts, and lots of TVs. It's definitely an adult place too.zink wrote:Maybe something like an upscale Dave and Busters that caters to a more mature crowd... such as Billiards, and other "bar" type activities. How how many SQFT is Flamingo Bowl?
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The downtown I envision caters to a wide variety of folks. I think a DB, while not my favorite, would be a nice draw for the 'hood.'
Like'em or not, a large national chain signing a retail lease in DT StL would be a great sign of faith and an important turning point in the DTStL renaissance.
Like'em or not, a large national chain signing a retail lease in DT StL would be a great sign of faith and an important turning point in the DTStL renaissance.
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Yeah, I think you're probably right.Moorlander wrote:The downtown I envision caters to a wide variety of folks. I think a DB, while not my favorite, would be a nice draw for the 'hood.'
Like'em or not, a large national chain signing a retail lease in DT StL would be a great sign of faith and an important turning point in the DTStL renaissance.
Amen! I say cram in as many chains as we can handle. Get'em all downtown ASAP!Moorlander wrote:The downtown I envision caters to a wide variety of folks. I think a DB, while not my favorite, would be a nice draw for the 'hood.'
Like'em or not, a large national chain signing a retail lease in DT StL would be a great sign of faith and an important turning point in the DTStL renaissance.