urbanSTL

user28 wrote:reminds me a bit of the old renderings. I wonder if they are still using those as inspiration for the new buildings or not.









Just for reference

It only makes sense to use the original plans in someway.

chriss752 wrote: ↑

Feb 18, 2017

framer wrote:450' tall at Broadway & Walnut? That would look amazing on the skyline!

Yes. It will make a great difference and would be able to be seen from all over the place.

Now if they can get ground broken for phase II during the next 10 years while a new tower for phase III is being discussed amongst ourselves.

Sorry Chriss752 but have a tough time getting excited about BPV comments from someone connected to so and so and we sill see this happen.

dredger wrote: ↑

Feb 19, 2017

chriss752 wrote: ↑

Feb 18, 2017

framer wrote:450' tall at Broadway & Walnut? That would look amazing on the skyline!

Yes. It will make a great difference and would be able to be seen from all over the place.

Now if they can get ground broken for phase II during the next 10 years while a new tower for phase III is being discussed amongst ourselves.

Sorry Chriss752 but have a tough time getting excited about BPV comments from someone connected to so and so and we sill see this happen.

In all fairness. BPVII's corporate welfare was approved, so I'm confident that it will break ground any day now. As far as phase III, I believe his sources. Looking at the Power and Light District in KC, it seems like the key was just getting the city to fold on more incentives. Seems like a perfect game plan from the Cardinal's and Cordish's perspective, wait until people see the shiny new buildings go up for phase 2 and then go back to the city with new renderings and convince them to approve another few hundred million to keep the "momentum" going and complete the "village". They are going to make money hand over fist whether subsidies are approved or not, but there really is no rush for them to build. If the city would have approved public subsidy from day one (which I'm glad they held out by the way) we would have seen construction years ago.

goat314 wrote:

dredger wrote: ↑

Feb 19, 2017

chriss752 wrote: ↑

Feb 18, 2017

Yes. It will make a great difference and would be able to be seen from all over the place.

Now if they can get ground broken for phase II during the next 10 years while a new tower for phase III is being discussed amongst ourselves.

Sorry Chriss752 but have a tough time getting excited about BPV comments from someone connected to so and so and we sill see this happen.

In all fairness. BPVII's corporate welfare was approved, so I'm confident that it will break ground any day now. As far as phase III, I believe his sources. Looking at the Power and Light District in KC, it seems like the key was just getting the city to fold on more incentives. Seems like a perfect game plan from the Cardinal's and Cordish's perspective, wait until people see the shiny new buildings go up for phase 2 and then go back to the city with new renderings and convince them to approve another few hundred million to keep the "momentum" going and complete the "village". They are going to make money hand over fist whether subsidies are approved or not, but there really is no rush for them to build. If the city would have approved public subsidy from day one (which I'm glad they held out by the way) we would have seen construction years ago.

Phase 2 will break ground in August. Phase 3 will be announced sometime in the construction of Phase 2 depending on how leases go.

I suspect what they build in phase III and how quickly it gets built will depend on the responses to phase II.

framer wrote:I suspect what they build in phase III and how quickly it gets built will depend on the responses to phase II.

Correct but I expect Phase 2 to be highly successful. I am expecting the Residential building to be around 80% leased by time it opens leading to new construction. Retail will also fill up quickly.

chaifetz10 wrote: ↑

Feb 19, 2017

This data is years old at this point, but when BPV Phase 1 opened up the number one question I would get asked by people during the grand opening was when they could sign up for their condo or apartment. Cordish really missed the ball by not doing this years earlier, but I still expect there to be a very high demand based on the Cardinals connection and brand alone. There are many many people who are interested in living at BPV because of this connection who wouldn't otherwise look to live downtown.

I agree, this is one of the few places in the region that could support 3-4 skyline changing residential hi-rises and attract non-traditional downtown residents. It's a premium product with stadium and Arch views, same dynamic happening with One Hundred and Forest Park.

I for one also think Laclede's Landing could support a couple of hi-rises. St. Louis really hasn't taken advantage of the Arch views. Any residential facility with a panoramic view of the Arch would sell like hotcakes. The Kiener garages could also be an area where hi-rise living would do well.

^ Goat314, couldn't agree more that BPV is the one location that could attract non-traditional downtown residents (even a fair share of second home owners who are diehard Cardinal fans or Corporate owners for out of town clients) and also agree that Cordish/DeWitt have simply held out until they got a deal comparable to KC Power&LIght. St Louis wasn't as willing as quickly to get there and the deal at end of day is structured differently. But they got a deal no doubt about it. I'm simply dumbfounded why they haven't announced a groundbreaking and just not sure how anyone can or should be optimistic until fence goes up, asphalt is ripped up, and dirt moved. It would be even more frustrating if they idea of August groundbreaking is to get a few more parking dollars.
..
I can't help but think that Drury family would want to build their tower with hotel component as long as CVC upgrades go forward for a couple of reasons. For one, any ballroom expansion will require the existing convention garage to go away. I think that will play out with spaces added on Landing. Two, Arch grounds renewal will might have a bump but I don't think enough to justify the rooms that Drury will want to add to the Landing. It will take CVC upgrades to get convention business back on track and thus support the rooms. Finally, BPV phase II, Jeff Arms and Railway Exchange will be a lot of units for the downtown market and just see Laclede's moving later than sooner beyond Drury.

What will happen first?

A. We get to page 200 of this thread
B. Phase 2 breaks ground

chaifetz10 wrote:Phase 2. Now, if your question was if we get to 125 or Phase 2... that would be a much more difficult choice.

Just pointing out that The previous thread was 191 pages 2 yrs prior phase 1 breaking ground.

https://urbanstl.com/forum/viewtopic.ph ... start=4750

We will reach 200 pages before Phase 2.5 or 3 starts. These are from the leak back from October but the design has since changed.

^ that's BPV's Nw corner, right?

STLrainbow wrote:^ that's BPV's Nw corner, right?

Yes

^ iirc, they hope to get three buildings on the northern/Walnut St. side.... if that's the height they're going for with each that would be pretty impressive if they pull it off in a reasonable time frame.

STLrainbow wrote:^ iirc, they hope to get three buildings on the northern/Walnut St. side.... if that's the height they're going for with each that would be pretty impressive if they pull it off in a reasonable time frame.

As I said earlier on, the tower in the Northwest Lot will be the shortest of the 3 up on the Northern end of the Site with the Tallest Being at Broadway and Walnut.


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I'm interested, what is the timeline for this project?

^ I think the first thing DeWitt/Cordish need to do is announce a hard ground breaking date for Phase II. They dangled the phase II two tower carrot, residential & office/hotel, to BoA for more incentives and got them only to go quiet again. As noted by most it will truly take a committed anchor willing to pay premium for any new Class A office space downtown.

So my gut feeling is they went out and got the extra incentives to try and convince a tenant to sign on but no done deal. Until then, wait and see. Hopefully someone else has a more optimistic view or better insight.

I am hoping that by Late September we will have the groundbreaking but I also believe that if a tenant were to hop on, the project would be broken ground immediately


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Yet again, I feel this project is dead. Not to be a danny downer, but until there is a tower crane on Broadway, this project is a load of fakery.


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I believe PWC is interested in occupying the potential new building however i think they are facing lease issues at their current location, from the Cardianls theres a lot of interested companies but i think any relocation within Downtown to BPV 2 of potential companies have to create new jobs.

Regarding Office Tenants, I do not think any tenant will sign up UNLESS they see construction start on the building. Why? Because look at the record from the past several plans. Companies would sign on and nothing would happen.

I agree with the above statement. I just honestly really have doubts about this project getting off the ground. I don't see it. I'm really wanting someone to tell me otherwise, but I really don't believe it.


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