urbanSTL

Denials all around to Plan B stadium plan as per PD article. I would have to agree that their is enough corporate support/wealth to make a MLS team happen with a stadium comparable to the average MLS stadium or at least comparable to KC without the ballot vote. Especially with NFL out of the picture and Cards drawing +40k a game. The region will pay for quality sports team.

I don't agree with St. Louis Mayor opinion of city keeping hands off. Future upgrades and stadium site location will make a big difference on additional soccer games from NCAA to Friendlies and so on. Essentially giving up on economic impact and events that fill downtown hotel rooms & eateries. Might as well as find the cheapest plot of land in the region even if it floods that is next to a freeway interchange, admit a few more freeway hotel rooms will be built that will dilute the markein and discount the regional draw of downtown (Arch grounds, City museum, Union Station, Scottrade/Peabody, BPV and hotel rooms all well connected)

http://www.stltoday.com/news/local/metr ... 62288.html

Speculation about alternative funding for a St. Louis soccer stadium has been rampant since voters killed a public financing proposal in April, but nothing serious has materialized.

The April 4 vote on Proposition 2 left investors in a Major League Soccer expansion club short $60 million to finish their financing plan for a $155 million stadium. According to those investors, there is still no “Plan B,” which has become the nonexistent proposal’s unofficial title on social media.

“This is all silly,” SC STL investor Dave Peacock said in an email last week in response to reports on local ESPN radio that a plan was coming together.

If theres no plan B then why is there so much speculation going around? Are people and media trying to get the wheels turning on a plan B. On my behalf i think its nearly crucial for St.Louis to get a MLS team. The history alone speaks for itself however the economic opportunities and advantages that could spur not only growth but show off another side of St.Louis besides Baseball and Hockey could draw people here who would never consider coming here to visit..
St.Louis needs to flex its muscles like it did in its heydays
If Detroit can consistently brand itself the comeback/renaissance city then what should St.Louis brand itself?

^ So your teasing a rumor of a rumor.

^^ What are the Slaten rumors? Hadn't heard those?

I think Shadrach means Randy Karraker, not Kevin Slaten. If true, then I would further discard if Shad can't even get the source correct.

Plan B is in the works

dbInSouthCity wrote: ↑

Jun 08, 2017

Plan B is in the works

Crossing my fingers.

I really really really hope the stadium is located where it was initially planned to be. Even if it is a redesigned "cheaper" version.

chaifetz10 wrote: ↑

Jun 08, 2017

If they try to squeeze the city for tax dollars at the very last second again, I'm going to lose it.

i seriously doubt they'd go that route again after all of this. but, this IS St. Louis.

shadrach wrote: ↑

Jun 07, 2017

Yeah, it was Karraker stirring the pot a while back...I can't keep those guys straight.
But that is not my source. And, unlike his report (just found it online) I wasn't told a private investor was filling the gap but other financing options are being hammered out.

Yea that means public financing. So the question is does that mean the investors will own the stadium and want a property tax abatement on it? I would okay with that but let's be serious, it won't be just that

Cusamano just said on ch. 5 that he talked to a reliable source who said the deal is dormant not dead. And the best news is that not one of the competing cities is closer to getting a team than we are. So we re still in it!


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If the group is going to get it together, you would think they would want everything in place when they award two franchises in the fall.

I wonder what MLS does in the fall if none or only one of the groups has their plans finalized. Maybe move awarding of. Franchise to the spring of 2018?

moorlander wrote: ↑

Jun 13, 2017

Cusamano just said on ch. 5 that he talked to a reliable source who said the deal is dormant not dead. And the best news is that not one of the competing cities is closer to getting a team than we are. So we re still in it!


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To elaborate on this. He also had someone on his show this week (I think it was McDermott), that agreed with that statement. He mentioned with other cities (San Diego, Charlotte) shooting down their proposals, that it could help St. Louis get back in the picture. He mentioned the league was keeping an eye on the USL teams hosting MLS teams this past week. I think ours went pretty well so that was good. Obviously, they would be more interested atmosphere and attendance than outcome of the game.

They didn't go into detail but he said there still was a chance. I keep hoping, but it still feels like a long shot. All that said after going to that game the other night I now more than ever think downtown is the best place for the stadium. Maybe Maryland Heights could handle it, but Fenton was a disaster. Not that I really know where in Fenton they could put it anymore with the old car plant being redeveloped already.

Definitely not dead, not sure if alive but not dead.

I don't believe there isn't some way to close the financing gap that the potential owners wouldn't be okay with. Take a few bells and whistles off the stadium and take on one more small equity partner with the necessary assets. Or develop the proposed parking lots into residential or mixed use mid rises to generate more income. Something.

cardinalstl wrote: ↑

Jul 07, 2017

I don't believe there isn't some way to close the financing gap that the potential owners wouldn't be okay with. Take a few bells and whistles off the stadium and take on one more small equity partner with the necessary assets. Or develop the proposed parking lots into residential or mixed use mid rises to generate more income. Something.

Agree, However, I see the possibility of a privately financed stadium happening in a different location with desired real estate/property already under one owners group or developer and at a minimum next to freeway ramp. In other words, remove some of the real estate complexity, site work required and groups involved out of the equation. The west downtown site truly does need a significant involvement from the city, real estate deals and site cost to make happen.

Fenton old Chrysler site seems real possibility if a deal can be made with the developer & city

The other thought, would a MLS stadium fit into bottle district site? It is pretty much cleared, at least under one ownership group if not mistaken and falls within McKee's northside tax incentives package. Believe bottework ownership group includes Clayco which in itself could has built a few stadiums and is actively involved in city development. Still be in the city and urban environment with decent access. Finally, believe bottelwork site was being woven into the Rams north riverfront development plan for parking at one point. Put MLS stadium on bottlework site and flip the parking and future development to the other side.

While I'm at it, going big and suggest a MLS bottle work stadium should be a bigger north riverfront development vision based on demo of the raised section of I55 for a future at grade blvd extending from Washington Ave to I-70/MRB

Isn't the MLS requiring the stadium to be built in an urban core? The Bottle District site would be nice as well.