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Tucker and Locust Parking Garage

Tucker and Locust Parking Garage

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PostJan 12, 2016#1

Steve Johnson has covered this pretty well and it looks like everyone is suing each other.... who knows, maybe this ugly, condemned garage will be demolished and new ownership can build something mixed-use and much nicer!

http://www.urbanreviewstl.com/2016/01/c ... ng-garage/


PostJan 28, 2016#2

Biz-Journal has some coverage on it as well.... (sub article unfortunately)

http://www.bizjournals.com/stlouis/news ... psing.html

The eight-story parking structure, at Locust Street and Tucker Boulevard, faced a "catastrophic event" in July 2014.

If we must have parking, I'd give a circular body part for something like this parking garage in Detroit with street level retail and now apartments going up top in its place:


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PostDec 20, 2017#3

This is an eyesore, what should be done here? It needs to go most of all. All of that wood and metal holding it up looks terrible.

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PostDec 20, 2017#4

Jack Coatar still insists they're renovating it and that's it's "necessary for the area" or whatever. It's not so much that it's taken time to fix, it's just been caught up in a lawsuit.

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PostFeb 05, 2019#5

Whats up with this piece of sh*t?

I drive past it every day. Its horrible. Such a waste of prime real estate that could really help Locust and that area of Tucker.

I'm hoping that it comes down on its own accord (injury and surrounding structure damage free, of course) and forces the owner to do something with it. I can't believe the city hasn't forced something with it.

There were lawsuits back in 2016 based on the above links. Any ideas?

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PostFeb 05, 2019#6

Three years behind on property taxes now, so it could be the City's problem by this summer if it goes up for tax sale and no bids are placed.

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PostFeb 06, 2019#7

Nice! I've always wanted to live the dream of owning and operating a parking garage. Perhaps the city will toss me some subsidies to pay for the repairs too. Either that or the demolition so I can make a fine surface lot 8)

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PostFeb 06, 2019#8

Apparently this is still tied up in the courts.

I'm no lawyer, but as I'm able to read it the $4.1M judgement was never collected, as the LLCs were deemed 'underfunded'. That would also, I'm guessing, explain the lack of taxes paid. In January 2018 Central Parking System, Inc. sued Tucker Parking Equities, LLC, (and a number of other individuals listed in the link above) to claim the funds. The plaintiff filed a motion to 'pierce the corporate veil' of the LLC to find out who actually runs the entity and go after them. They allege that the people who own the garage constituted the LLC solely as a shield. They alleged that from its inception it was never funded well enough to maintain the building, much less pay out a judgement of this size.

Form what I read from the latest memorandum from the case, issued December 3rd 2018, the judge dismissed the request to pierce the corporate veil. The plaintiffs appealed, and this memorandum is a denial of the appeal.

Maybe any lawyer-types could correct me and/or provide more detail or insight. But I see no way anything will happen with this building until the legal kerfuffle is done.

-RBB

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PostFeb 07, 2019#9

Thanks for the insight RBB.

Hopefully this gets resolved soon. What a giant CF.

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PostDec 02, 2020#10



This sign just appeared

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PostDec 02, 2020#11

thats for their work at the Board of Elections building which backs to the garage. 

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PostDec 03, 2020#12

When I drove by this garage the other day, there is some work being done to the garage. I can try and snap a pic when by again, but that will be a while.  

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PostDec 03, 2020#13

STLCityMike wrote:
Dec 03, 2020
When I drove by this garage the other day, there is some work being done to the garage. I can try and snap a pic when by again, but that will be a while.  
There are people in the garage now bringing out demo trash into the dumpsters in the garage.

PostDec 03, 2020#14

The garage is NOT part of the project, according to the construction worker I asked.

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PostJan 04, 2021#15

City seeks redevelopment — or replacement — of condemned downtown garage
https://www.bizjournals.com/stlouis/new ... 0#cxrecs_s
A request for proposals recently issued by the city says it wants a mix of uses at the site, including commercial or residential spaces with associated parking. (The current structure has 476 spaces, with retail space on the lower, first and second levels.) The city is open to new construction or "substantial rehabilitation," it says.  

That option could prove expensive. The RFP says "while vertical load-bearing columns are structurally sound, significant engineering work is necessary to return the parking decks and ramps to a usable condition."  But demolition at the 24,000-square-foot development site, which encompasses 306. N. Tucker and 1122 Locust, could cost $870,000, according to the RFP.

In either case, the city says the mixed-use concept must "activate the ground floor and cater to the pedestrian realm surrounding the development, and visible facades to the north and west should be aesthetically pleasing."  

"If new construction is proposed," it continued, "preference will be given to designs which incorporate capacity for future conversion of parking areas into leasable space in the future should the demand for parking no longer be sustainable due to technological and other causes."

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PostJan 04, 2021#16

designs which incorporate capacity for future conversion of parking areas into leasable space in the future should the demand for parking no longer be sustainable due to technological and other causes
This needs to be codified for all new parking garage construction

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PostJan 05, 2021#17

^ Absolutely. No reason not to be ahead of the curve on things like that (similar to the City's green energy requirement from not too long ago).

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PostJan 05, 2021#18

So you have an auto-oriented coarse-grained albatross that you've deferred maintenance on and squeezed every penny out of? Dump it on the city! If only drivers had been charged a little extra over the decades for its inevitable demise, just another hidden subsidy.

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PostJan 05, 2021#19

I'm hoping for about six floors of parking with 10+ floors of apartments on top. 

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PostJan 05, 2021#20

^I look forward to the next building that follows the OPOP Tower model - no floors of parking with apartments on top.