urbanSTL

whitherSTL wrote:Good to hear. Last question: with access to power lines and fresh water I contend the north riverfront would be a data center paradise….so.

Again, I apologize for my ignorance, do these stipulations apply to north riverfront or JUST the Armory?

These conditions were in exchange for a conditional use permit for this specific project, this does not apply to anything else in the city.

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redditstl is blowin up about it sounds like they violated the law by not giving appropriate notice for this meeting, so assuming we have a decent AG (which is a big assumption) the actions in this meeting can be voided by a judge. Though they could just have another meeting.

"Though they could just have another meeting."

Supposing they did actual fail to meet notice requirements correctly and that's not just someone saying something that they think and they are wrong, that is exactly what will happen and does happen when someone goofs the notice. It's essentially meaningless since this was a unanimous vote. The result wouldn't change even if someone on the Board decided to change their vote. And they are not. They want the tax revenue.

BarryGlick wrote: ↑

2:15 AM - Apr 22

redditstl is blowin up about it sounds like they violated the law by not giving appropriate notice for this meeting, so assuming we have a decent AG (which is a big assumption) the actions in this meeting can be voided by a judge. Though they could just have another meeting.

Meeting agenda was posted 24 hours before, that’s the only requirement

They should have required the developer to build the two proposed "future" apartment buildings in the Armory lot.  The 150M-200M in cost would not have changed anything.  Still a win for the City and its residents.  

If I had to guess, the donation to Brickline will get the Sarah Ave to Grand MetroLink back on track (pun intended) after it was put on pause due to ownership issues. 
https://greatriversgreenway.org/cortex- ... nd-spring/

https://www.instagram.com/reel/DXaO39bE ... dnY2tlcw==

Woof

Reality is that the capital interest rules, our government is totally subservient to it, and many on this very forum are as well.

In 20 years, everyone will look back on this as a massive flop. They'll be discussing how to subsidize the redevelopment of the vacant data center and smarter people than those here today will be questioning why on earth we thought a data center was acceptable adjacent to the Foundry, very busy transit center, and in the crux of our brand new bike infrastructure. It will be a monument to why St. Louis is how it is.

It's pretty much everything this forum is supposed to be opposed to, but then again there aren't really any ideological urbanists on here anymore. Also no one who actually believes in democracy either.

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Who cares if it fails after 20 years, by than the city/SLPS will have collected over $700m

dbInSouthCity wrote: ↑

11:23 AM - Apr 22

Who cares if it fails after 20 years, by than the city/SLPS will have collected over $700m

Exactly. It probably will fail after 20 years. So what. So did the Rams. I say build 10 of them on the north riverfront. 

I have seen photos/videos of data centers around the country and they are huge. Yet this Armory plan seems small in comparison.  Is this  planned data center larger than the one on Tucker? Is the Armory project large enough?

"Ensure that at least 50% of the data center’s energy load comes from renewable sources within five years of commencing operations."

This one's gonna be tough, unless they have clever lawyers who can re-define what the terms actually mean. 

The roof is probably going to exceed IKEA in terms of solar. The rest will be a mix of credits purchased via Ameren I assume.

STLAPTS wrote: ↑

2:59 AM - Apr 22

They should have required the developer to build the two proposed "future" apartment buildings in the Armory lot.  The 150M-200M in cost would not have changed anything.  Still a win for the City and its residents.  

Why there if you are going to require housing to be built as per a data center project?  Honestly when you think of the immediate area, CORTEX can still fill out,  Foundry still has space to build out on both west and east side, the corner of Vandy & Forest Parkway still sits empty and then jump over the other side of the railroad tracks to Steelcote w room, Iron HIll huge big empty lot and believe SLU had reverted property back for development.  Give those developers a shot at any data center funds.   

St Louis has so much built environment near Armory that literally has room for thousands MORE apartments and commercial space all with the same good transit and walkable access.   My point is fill in the  areas/lots that are already being developed & built out.  

Somehow the Armory/Goodwill which is in a former warehouse industrial area surrounded by railroad tracks, an electrical substation, a freeway and a viaduct is the space that defines urbanism will die on this blog.  In meantime, 20 years are so go by, and I can at list a few other city development worthy of dollars that have not gotten anywhere, say Bottle District for near north st louis, or not rebuilt in great neighborhoods, say Lemp Brewery, , or in downtown that can still fill in, say Cupples Warehouses, that are stretching into decades.    

framer wrote: ↑

1:07 PM - Apr 22

"Ensure that at least 50% of the data center’s energy load comes from renewable sources within five years of commencing operations."

This one's gonna be tough, unless they have clever lawyers who can re-define what the terms actually mean. 

That one stood out to me as well as tough to do.

Conditions can be amended at any time years later
So in 2032 when this is in year 4 of ops and it’s getting 30% (meanwhile, paying millions in taxes) is the city not going to amend the condition and shut it down?

unfortunately there is no David   https://www.youtube.com/watch?v=nfNyEaCkkXI

dbInSouthCity wrote:Who cares if it fails after 20 years, by than the city/SLPS will have collected over $700m

I promise you they will not be collecting $700 million lmao. You're smart enough to know that's a lie though, so I wonder why you keep parroting these obviously fake straight-from-the-developer numbers.

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Well I see everyone's a bootlicker here... checks out. Yep... 

So no condition to build phase 2.. got it.

This might be a hot take, but I honestly don't think this is going to get built, no matter what terms are offered by the city. How many times has green street been sued over misleading investors, bank fraud, and not paying contractors? I think this is them (and maybe even the city) trying to fleece private equity firms that are hooked on the idea of AI.

There are many supply chain issues unfolding in data center construction right now. The supply chains for chip fabrication have been hammered by the Iran war. A third of the global helium supply has been taken offline in Qatar and will be gone for the next 3-5 years, and it's already causing Korean and Taiwanese chip fab companies to ration helium and slow production. 40% of the global supply of bromine is from Israel and is needed to etch circuits. 98% of South Korea's bromine comes from Israeli companies, and South Korean companies account for the majority of the global DRAM, HDM, and NAND markets. NVIDIA cannot make gpus without those chips. 

And this isn't getting into all of the metal, rare earth, and magnet shortages that are causing issues in power supply. It's like a 3-5 year lead time on getting a transformer built. A data center needs something like 27 tons of copper per megawatt.

Green Street is not involved

dbInSouthCity wrote: ↑

6:29 PM - Apr 22

Green Street is not involved

They still own the property. Green Street's back taxes are explicitly cited in the agreement. They are a part of the development team