^ true that a window of big opportunities has been closed for now but there still could be advances towards the emergence of a downtown financial district.... firms will continue to grow and it would be good to try and lure the Scottrades and EdJones of the world with a small presence of a floor or two in the area. Get their feet wet in the next few years and hope for continting growth. Also, company leaders are actively working on landing outside firms to the region... maybe we could one to come and take up enough space to rebrand one of the towers.
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Benjamin Edwards is the firm I'd really like to have downtown. A young, upstart firm with good growth prospects.roger wyoming II wrote:^ true that a window of big opportunities has been closed for now but there still could be advances towards the emergence of a downtown financial district.... firms will continue to grow and it would be good to try and lure the Scottrades and EdJones of the world with a small presence of a floor or two in the area. Get their feet wet in the next few years and hope for continting growth. Also, company leaders are actively working on landing outside firms to the region... maybe we could one to come and take up enough space to rebrand one of the towers.
Energizer is about to split into two companies. It'd be nice to whichever one ends up getting the boot (preferably the more growth oriented consumer goods company) wind up DT.
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It would likely be better to look for firms outside the region, so it doesn't' cannibalize development already here. (unless its someone growing here that needs more space)roger wyoming II wrote:^ true that a window of big opportunities has been closed for now but there still could be advances towards the emergence of a downtown financial district.... firms will continue to grow and it would be good to try and lure the Scottrades and EdJones of the world with a small presence of a floor or two in the area. Get their feet wet in the next few years and hope for continting growth. Also, company leaders are actively working on landing outside firms to the region... maybe we could one to come and take up enough space to rebrand one of the towers.
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^ yeah, just moving some of the growth to downtown wouldn't cannabilize anything.... and surely some workers would prefer it. Maybe they can all open "Millennial Research" departments that will come back with detailed assessments asking the question, "what the heck are you doing way out there, bros?"
^^^ somewhere in an alternative universe there is a Saint Louis City that has a bustling financial district with gleaming, adjacent office towers for AG Edwards, Edward Jones, and Benjamin Jones. Visitors and job applicants would get flustered.... "I would love to work for you here at Benjamin Edwards... I mean AG Jones. Oh, heck, I'll just walk myself out the door."
^^^ somewhere in an alternative universe there is a Saint Louis City that has a bustling financial district with gleaming, adjacent office towers for AG Edwards, Edward Jones, and Benjamin Jones. Visitors and job applicants would get flustered.... "I would love to work for you here at Benjamin Edwards... I mean AG Jones. Oh, heck, I'll just walk myself out the door."
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It's a bummer that AB opened their "urban research" department in Chicago and not here.
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I honestly can never understand A-Bs motives its like they are trying everything to get out of St.Louis and it wouldn't surprise me if they up and do that. I honestly don't think people here care about A-B much anymore then again A-B hasn't given St.Louis any reason to believe on how committed they are to St.Louis. Till i start hearing announcements of them creating jobs right here then I'm going to assume
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My philosophy has always been, don't play a game you can't win, find a game you can win. For downtown, that's tech, start-ups, young people, etc. St. Louis' next big company could start downtown instead of being lured there. St. Louis isn't the poor relation who has to ride their rich relatives coattails as many suggest here.
By 2050, 70 percent of the world's population will live in cities. But with infrastructures already stretched and political engagement at a low, it may be time for us to take the problems into our own hands.
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San Antonio thinks once residents move downtown, employers will follow. I Agree
"What we've seen around the country is if you repopulate your center city with new residents, eventually the employers will come back with new jobs," DiGiovanni said.
http://www.ksat.com/content/pns/ksat/ne ... -city.html
"What we've seen around the country is if you repopulate your center city with new residents, eventually the employers will come back with new jobs," DiGiovanni said.
http://www.ksat.com/content/pns/ksat/ne ... -city.html
It's follows logically. It's how jobs left the city center in the first place.
But it'd sure be nice if some major source of jobs would speed things up by taking a leap in the mean time.
But it'd sure be nice if some major source of jobs would speed things up by taking a leap in the mean time.
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People moved to suburbs because the government built roads, sewers, schools, offered mortgage interest deductions, and subsidized loans if they did so. Cities paid for the building of suburbia. If St. Louis offers the same they'll come back and jobs will follow. Offering tax incentives is how Chesterfield was built and its how St. Louis will be rebuilt.jstriebel wrote:It's follows logically. It's how jobs left the city center in the first place.
But it'd sure be nice if some major source of jobs would speed things up by taking a leap in the mean time.
Good Luck renting any apartments or selling any condos downtown with all this violence sh*t of late. It is one thing to ask if someone who is already invested in downtown is getting so scared that they are thinking of moving out. It is another proposition to convince someone to move downtown in this region which has a huge/abundant oversupply of housing in a lot of diverse locations. I don't think many will be willing to move in to this mess. Unless this violence sh*t comes to a rapid and definitive end, I think we might as well put a fork in any thoughts of a downtown residential renaissance. Maybe I'm just stupid. But, I think this recent violence is a deal breaker.
Let's not overreact. Yes, a mugging downtown is horrible and trust me, I'd like to seriously drop every last criminal in this little pack right off the Eads bridge, but this doesn't destroy an entire CBD. There are apparently already lots of cameras downtown and they are already stepping up the police presence. This area of 10th and locust needs to be quickly redeveloped so more street fronts are active with people, etc.
STL needs a one strike and you're out policy for 20 years, no exceptions.
And speaking of the "state of downtown", I had a client lunch at Death in the Afternoon in city garden last week. They are from NYC and loved the space, art, building, food, views etc. I honestly couldn't even think of a cooler spot for a business lunch, anywhere in the region. It was busy too. Go if you haven't been.
STL needs a one strike and you're out policy for 20 years, no exceptions.
And speaking of the "state of downtown", I had a client lunch at Death in the Afternoon in city garden last week. They are from NYC and loved the space, art, building, food, views etc. I honestly couldn't even think of a cooler spot for a business lunch, anywhere in the region. It was busy too. Go if you haven't been.
Maybe if we emptied the nonviolent drug offenders out of the prisons, we would have room to put these violent criminals away for longer periods of time.
A potential customer's perception is that customer's reality. So the customer wants to buy/rent/live in an urban walkable environment. Maybe he or she looks at available places in downtown Saint Louis, Grand Center, Central West End, downtown Clayton...other micro markets. There are plenty of available residences in each location. One may cost ten or fifteen percent more than another per square foot. So if the customer has a dollar budget, he/she can level the playing field by reducing or increasing the square footage he or she thinks would be ideal. So, do you really think the downtown market is going to successfully compete if this daytime violence continues? The incident Monday is not the only one of late. There have been others...Although this one did happen during the "rush hour" on a weekday and appears to have been particularly violent. Really!....What are the perceptions of potential customers going to be of just how walkable downtown is? Will it be safe for me to to go get take out dinner from Sauce on the Side or Stephano's, or Pi or pick up ingredients for my dinner at Culinaria? Can I safely take my little dog out twice a day? Get real!...A perception of violence/lack of safety can and will kill this marketjcity wrote:Let's not overreact. Yes, a mugging downtown is horrible and trust me, I'd like to seriously drop every last criminal in this little pack right off the Eads bridge, but this doesn't destroy an entire CBD. There are apparently already lots of cameras downtown and they are already stepping up the police presence. This area of 10th and locust needs to be quickly redeveloped so more street fronts are active with people, etc.
STL needs a one strike and you're out policy for 20 years, no exceptions.
And speaking of the "state of downtown", I had a client lunch at Death in the Afternoon in city garden last week. They are from NYC and loved the space, art, building, food, views etc. I honestly couldn't even think of a cooler spot for a business lunch, anywhere in the region. It was busy too. Go if you haven't been.
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^ the problem we face in downtown is not so much the crime itself as that sort of thing happens in large cities across the country, but rather that we aren't progressing fast enough with residential growth, etc. to overcome the negative perceptions, media etc as easily as say Seattle where people continue to pour into downtown for work and living.
Right. There is no reason that corporate heads can't locate more jobs downtown as we build up our residential base.... we need more of both. And not only is our downtown residential growth not cutting it yet in attracting jobs, if we are reliant on residential we'll probably need to at least double our population before downtown will resemble a truly vibrant place.jstriebel wrote:It's follows logically. It's how jobs left the city center in the first place.
But it'd sure be nice if some major source of jobs would speed things up by taking a leap in the mean time.
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Downtown Bar Owners say Ballpark Village is Cannibalizing their Profits.
http://blogs.riverfronttimes.com/dailyr ... gilvie.php
http://blogs.riverfronttimes.com/dailyr ... gilvie.php
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^ I had already posted that on the BPV thread but also makes sense here.
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that's a piece from 8/2013....downtown2007 wrote:Downtown Bar Owners say Ballpark Village is Cannibalizing their Profits.
http://blogs.riverfronttimes.com/dailyr ... gilvie.php
Crime been a hot topic lately but I feel the crime is more of a symptom and not the root problem. Now lets ask ours selves what else is holding back downtown.
I think it is the jobs numbers and the banks For example think with the chemical building getting financed the banks look at the AT&T move workers out of downtown and they fell developments are too risky due to lake of workers.
I also think cities like Portland have much larger percentage of people that want to live downtown then st. Louis. So one of my fears is downtown maybe all ready filled the demanded of people that want to live there too. So if downtown wants to add more people it need to offer something different like more light rail.
what you all think?
I think it is the jobs numbers and the banks For example think with the chemical building getting financed the banks look at the AT&T move workers out of downtown and they fell developments are too risky due to lake of workers.
I also think cities like Portland have much larger percentage of people that want to live downtown then st. Louis. So one of my fears is downtown maybe all ready filled the demanded of people that want to live there too. So if downtown wants to add more people it need to offer something different like more light rail.
what you all think?
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did you mean to post this one?dbInSouthCity wrote:that's a piece from 8/2013....downtown2007 wrote:Downtown Bar Owners say Ballpark Village is Cannibalizing their Profits.
http://blogs.riverfronttimes.com/dailyr ... gilvie.php
http://blogs.riverfronttimes.com/gutche ... rofits.php
the one where the Hiro owner says Wash Ave has been like a ghost town since BPV opened?
We need to throw all sorts of ideas & creativity into downtown. I'd much rather have the city directly back new housing and retail programs in and near downtown than a new stadium, e.g. but that is just me. Its very worrisome that we appear to be adding fewer people downtown now than we did in the naughts.... I'm not sure if we are alone in that regard, but most other downtowns are building upon their gains from the past decade or two, if not experiencing almost unprecedented post-war growth. I also wonder if instead of a sweet spot we are in a bleak spot where our more profitable candidates for residential rehab have mostly been taken and we are mostly left with more difficult projects to finance while not having the residential demand at price points to fill expensive new construction.True_dope wrote:Crime been a hot topic lately but I feel the crime is more of a symptom and not the root problem. Now lets ask ours selves what else is holding back downtown.
I think it is the jobs numbers and the banks For example think with the chemical building getting financed the banks look at the AT&T move workers out of downtown and they fell developments are too risky due to lake of workers.
I also think cities like Portland have much larger percentage of people that want to live downtown then st. Louis. So one of my fears is downtown maybe all ready filled the demanded of people that want to live there too. So if downtown wants to add more people it need to offer something different like more light rail.
what you all think?
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Yes. Thank Youroger wyoming II wrote:did you mean to post this one?dbInSouthCity wrote:that's a piece from 8/2013....downtown2007 wrote:Downtown Bar Owners say Ballpark Village is Cannibalizing their Profits.
http://blogs.riverfronttimes.com/dailyr ... gilvie.php
http://blogs.riverfronttimes.com/gutche ... rofits.php
the one where the Hiro owner says Wash Ave has been like a ghost town since BPV opened?