I just saw they’re going to be closing the Saks Fifth Avenue in downtown Chicago as well
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Well yeah, it was the only park of the bunch that really made any money, so they needed it for the deal to make any sense.addxb2 wrote: ↑10:10 PM - Mar 06Mid-America by Enchanted Parks will be the new name. Enchanted Parks has signed a 40-year lease with EPR Properties, so residents shouldn’t be worried about the company closing the park and selling to developers, he said. Harhl said he couldn’t disclose the monetary value of the St. Louis park, but Harhi called it the most valuable of the seven parks Six Flags is selling for a combined $331 million to EPR Properties. He said it initially wasn't included for sale. “It’s a unique park. We really pushed for Six (Flags) to include St. Louis,” Harhi told the Post-Dispatch Friday. “It’s a valuable property."
But man, they're gonna have to spend a lot of time and money rebranding everything though, especially if they don't get to keep using the DC/WB stuff after 2026. Like, entire areas will have to be re-themed. JL alone cost like $15 million. Every SF branded thing will have to be replaced or painted over. The access road, the Holiday Inn, and the exit sign on I-44 will all probably have to be changed name-wise as well.
Pretty concerning statement that a supposed amusement park operator doesn't already know how operations work. Also, all of the other info is pretty easy to get metrics-wise from existing data (even publicly available stuff), unless they're not getting the internal stuff in the purchase. Sounds like they're really just itching to tear down a lot of existing stuff, extract value as long as they can, then sell the land off to McBride or whoever in a few decades like SF corporate did with the other ~60% of the original land like 10ish years ago.Harhi said Enchanted Parks will use this year to figure out what visitors want, which rides are popular and how operations work. He said the company looks forward to fixing up the amusement park and injecting it with life. “It should be seeing new attractions on a consistent basis,” Harhi said.
https://www.bizjournals.com/stlouis/new ... ocate.html
HFW Cos., an architecture and engineering firm, is moving its headquarters from Clayton to suburban Dallas. The move will affect at least 6 employees, including executives.
A spokesperson said DFW "continues to offer strong growth opportunities for both the firm and the broader architecture and engineering industry."
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HFW Cos., an architecture and engineering firm, is moving its headquarters from Clayton to suburban Dallas. The move will affect at least 6 employees, including executives.
A spokesperson said DFW "continues to offer strong growth opportunities for both the firm and the broader architecture and engineering industry."
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https://www.bizjournals.com/stlouis/new ... tions.html
Hoffman Family of Companies buys St. Louis' Audacy stations, including KMOX.
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Hoffman Family of Companies buys St. Louis' Audacy stations, including KMOX.
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Actually some nice synergies between the Post Dispatch and KMOX. Maybe this will allow them to move KMOX into the current Post Dispatch building and keep it downtown (I know there are rumbles of them leaving Park Pacific)
Combined they occupy some 74,000 square feet of office space. I'm sure they need less now since that was from pre-covid.
What I think would be cool is if Hoffman did a little civic investment and bought the Metro Credit Union building and then built a new modern office + studio for the radio stations and the Post Dispatch.
More realistic maybe, I'd rather see them move into the core of downtown. Such as the Laclede Gas Building, Millennium Center, or Frisco Building. I always thought it'd be cool if they had something like a neon "KMOX" sign or an electronic news ticker. Imagine how cool it'd be for a red and white "KMOX" to light up the top of the Laclede Gas Building.
I would be kinda put off if they moved the radio to the P-D's current building. It's a pretty garbage location and kind of removed from downtown. Not really somewhere I would associate with a legendary radio station like KMOX.
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What I think would be cool is if Hoffman did a little civic investment and bought the Metro Credit Union building and then built a new modern office + studio for the radio stations and the Post Dispatch.
More realistic maybe, I'd rather see them move into the core of downtown. Such as the Laclede Gas Building, Millennium Center, or Frisco Building. I always thought it'd be cool if they had something like a neon "KMOX" sign or an electronic news ticker. Imagine how cool it'd be for a red and white "KMOX" to light up the top of the Laclede Gas Building.
I would be kinda put off if they moved the radio to the P-D's current building. It's a pretty garbage location and kind of removed from downtown. Not really somewhere I would associate with a legendary radio station like KMOX.
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Even pre sale, Audacy wasn't renewing its lease at Park Pacific, it expires at end of April 2028. Hoffman owns 3 buildings in Clayton, i could see the Post and all the radio going there.
Although likely, this would be worst case scenario.dbInSouthCity wrote:Even pre sale, Audacy wasn't renewing its lease at Park Pacific, it expires at end of April 2028. Hoffman owns 3 buildings in Clayton, i could see the Post and all the radio going there.
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Pretty sure one or more of Hoffman’s office bldgs in Clayton is distressed so that would make sense
The Hoffman stuff is getting weird. Starting to feel like we’re living a future Netflix documentary about a cartoon villain.
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Panera relocating HQ to Boston.
The Relocation Details
New Location: Weston, Massachusetts (metro Boston).
Effective Date: July 2027.
Previous Home: Fenton, Missouri (St. Louis County), where the company and its predecessor, the St. Louis Bread Co., roots ran for decades.
Reasons for the Move
Executive Presence: CEO Paul Carbone and parts of the corporate leadership team were already operating out of the Boston area.
Brand Turnaround: The company is undergoing a major multi-year strategic revamp to win back customers, utilizing a fresh corporate hub to anchor its updated strategy.
St. Louis Footprint: Panera stated it will still keep a support center presence in St. Louis, though many local and remote employees face relocation requests.
The Relocation Details
New Location: Weston, Massachusetts (metro Boston).
Effective Date: July 2027.
Previous Home: Fenton, Missouri (St. Louis County), where the company and its predecessor, the St. Louis Bread Co., roots ran for decades.
Reasons for the Move
Executive Presence: CEO Paul Carbone and parts of the corporate leadership team were already operating out of the Boston area.
Brand Turnaround: The company is undergoing a major multi-year strategic revamp to win back customers, utilizing a fresh corporate hub to anchor its updated strategy.
St. Louis Footprint: Panera stated it will still keep a support center presence in St. Louis, though many local and remote employees face relocation requests.
They spiritually left when they moved way out to the edge of Fenton.
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I don’t see them lasting much longer. People on social media lament that their products prices have increased, portion sizes decreased and quality has decreased. In today’s world, that could do them in.
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back that up that social media comments regarding Panera via reddit
https://reddit.com/r/StLouis/comments/1v98n0e/panera_to_move_headquarters_from_st_louis_to/
https://reddit.com/r/StLouis/comments/1v98n0e/panera_to_move_headquarters_from_st_louis_to/
Social media isn't real life. Panera is actively expanding. STL Reddit is probably some of the furthest from real life you can get.
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They are certainly struggling and have been for years now. The reason they launched Panera RISE with a stakeholder acknowledgement that they were not maintaining market share against competitors. The publics opinion of their food remains poor value.
And yet they keep expanding loladdxb2 wrote:They are certainly struggling and have been for years now. The reason they launched Panera RISE with a stakeholder acknowledgement that they were not maintaining market share against competitors. The publics opinion of their food remains poor value.
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Not all that surprising we have a close family friend that is a VP for them and has only worked in Boston
I’m curious how many higher up jobs already were moved out there prior to this.
I’m curious how many higher up jobs already were moved out there prior to this.
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Maybe they’ll change their name to Boston bread Company since they want a fresh perspective.
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For all local people may hate downtown, urban areas etc you are just not going to compete nationally when you are pitching suburban areas like Fenton against major markets like Boston, even if it is their own suburbs too. We would have a fighting chance if we actually had some civic pride and directed more focus to the likes of Downtown. People are too focused on their personal convenience as opposed to the bigger picture.
You reap what you sow sadly.
You reap what you sow sadly.
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Not sure how accurate this is, but Google AI states roughly 650 people work at Panera STL HQ. Some of those at the call center & some remote. Looks like most of those jobs will be lost. I am a bit confused on if the call center will remain open for the long term or not. Some reports mention Panera keeping the call center, other reports say it will be moved to Boston in 2027 with the other corporate jobs. I wonder if they allow key people living in STL, but working remote (Employees that do not need to be physically present in Boston) to stay here. Either way you spin it, this bad news for STL.DogtownBnR wrote: ↑11:59 PM - Jul 28Anyone know how many jobs will be lost locally?
The way I read it is it will stay open but be downsizedDogtownBnR wrote: ↑12:39 PM - Jul 29Not sure how accurate this is, but Google AI states roughly 650 people work at Panera STL HQ. Some of those at the call center & some remote. Looks like most of those jobs will be lost. I am a bit confused on if the call center will remain open for the long term or not. Some reports mention Panera keeping the call center, other reports say it will be moved to Boston in 2027 with the other corporate jobs. I wonder if they allow key people living in STL, but working remote (Employees that do not need to be physically present in Boston) to stay here. Either way you spin it, this bad news for STL.DogtownBnR wrote: ↑11:59 PM - Jul 28Anyone know how many jobs will be lost locally?