Looks like the Century Memorial Plaza is to blame for the stall on this one. Desco and DowntownNow! are responsible for another needless mess.
Squabble stalls park, condo projects near Old Post Office
By Martin Van Der Werf
ST. LOUIS POST-DISPATCH
05/04/2006
Patience is wearing thin downtown as the plans to develop a park and plaza just north of the Old Post Office clash with those for an adjoining high-rise condominium building.
The different interests -- Downtown Now, the Roberts Cos., and the Danforth and Gateway foundations -- are entangled in infighting over how the project should proceed.
"The deal has taken much longer than anyone anticipated," said Tom Reeves, executive director of Downtown Now, a nonprofit formed to spark redevelopment.
Downtown Now is dependent on the Danforth Foundation for $2 million in financing. The park plans have not been completed because the Gateway Foundation agreed to pay the architect, and, apparently, it has not.
Meanwhile, Steve Roberts is sitting on the sidelines, fuming. "We have been working on this (tower) for more than two years now," he said. "We have the financing package in place."
Roberts, who heads the development company with his brother Michael, wants to add the glass-enclosed condo tower to his adjoining Mayfair Hotel. To make it work, the brothers need underground parking beneath the park. But construction cannot begin until the plans for the park are complete.
Neither Christy Fox, the executive director of the Gateway Foundation, nor Gyo Obata, an architect and foundation board member, returned phone messages seeking comment. The Danforth Foundation "is excited about the prospects for the tower (but) we are most interested in the park," said executive director Peter Sortino. "We want to ensure that that happens. That's why the money was committed."
Story
Squabble stalls park, condo projects near Old Post Office
By Martin Van Der Werf
ST. LOUIS POST-DISPATCH
05/04/2006
Patience is wearing thin downtown as the plans to develop a park and plaza just north of the Old Post Office clash with those for an adjoining high-rise condominium building.
The different interests -- Downtown Now, the Roberts Cos., and the Danforth and Gateway foundations -- are entangled in infighting over how the project should proceed.
"The deal has taken much longer than anyone anticipated," said Tom Reeves, executive director of Downtown Now, a nonprofit formed to spark redevelopment.
Downtown Now is dependent on the Danforth Foundation for $2 million in financing. The park plans have not been completed because the Gateway Foundation agreed to pay the architect, and, apparently, it has not.
Meanwhile, Steve Roberts is sitting on the sidelines, fuming. "We have been working on this (tower) for more than two years now," he said. "We have the financing package in place."
Roberts, who heads the development company with his brother Michael, wants to add the glass-enclosed condo tower to his adjoining Mayfair Hotel. To make it work, the brothers need underground parking beneath the park. But construction cannot begin until the plans for the park are complete.
Neither Christy Fox, the executive director of the Gateway Foundation, nor Gyo Obata, an architect and foundation board member, returned phone messages seeking comment. The Danforth Foundation "is excited about the prospects for the tower (but) we are most interested in the park," said executive director Peter Sortino. "We want to ensure that that happens. That's why the money was committed."
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