Behind the scenes, maybe not. But publicly, it's very much been part of the plan: http://apps.stlpublicradio.org/northsid ... index.htmlSTLinCHI wrote: Preservation was never part of the McKee plan. Paul is a developer not a re-developer.
Update from the Business Journal on the McKee hospital:
https://www.bizjournals.com/stlouis/new ... kLri8n0KNoAn effort by a north city alderwoman to revive subsidies for a health care development isn’t legal, St. Louis' city counselor said Monday. Paul McKee’s NorthSide Regeneration has long planned a hospital facility at the former Pruitt-Igoe public housing site, at Jefferson and Cass avenues. The city in 2017 approved a tax increment financing agreement for the project, but it said NorthSide failed to pay fees within 90 days and didn’t execute it. Later, in June 2018, Mayor Lyda Krewson’s administration found NorthSide in default of its development agreement with the city, removing it as the designated developer for some 1,500 acres in north St. Louis, including at the old Pruitt-Igoe site. The massive project had long stalled.
Board Bill 103, from Ward 5 Alderwoman Tammika Hubbard, who represents the area, says it would authorize $6.4 million in TIF for a first phase of a proposed three-bed hospital project and $1.6 million in TIF for a second phase. But City Counselor Julian Bush said in a letter Monday to Alderman Joe Roddy that Hubbard’s bill relies on the 2017 agreement, “which has become null and void by its own terms,” and the broader NorthSide development agreement, “which has been terminated.” “Because of these defects the City would not have the legal ability to complete the transactions contemplated by the bill, if that bill should be adopted and approved,” Bush wrote. Hubbard didn’t immediately respond to a request for comment, nor did a NorthSide lawyer, Darryl Piggee of Stone, Leyton & Gershman.
A committee Roddy chairs, Housing, Urban Development and Zoning, is scheduled to consider the bill at its Oct. 2 meeting. Roddy said he asked for Bush’s opinion in order to get clarity on the bill’s legality. “I would like to support projects on the north side, and I think this is one that would be good for the city and north St. Louis,” Roddy said. But “it’s all mucked up in the McKee stuff,” he said. The site was originally targeted to be part of the site for the National Geospatial-Intelligence Agency's new western headquarters, but was dropped from that plan as 97 acres to the north were selected. NorthSide acquired the Pruitt-Igoe site in 2016.
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This story and any other that involves Ald Hubbard sponsoring a bill that benefits McKee or any of his projects should note that her family owns 2% stake in McKee’s NorthSide regeneration project
Whoa. How is that even legal?dbInSouthCity wrote:This story and any other that involves Ald Hubbard sponsoring a bill that benefits McKee or any of his projects should note that her family owns 2% stake in McKee’s NorthSide regeneration project
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Wait, so does McKee still have rights to all of those LRA properties? I know he owns a ton of them and is letting them rot, but didn't he have options on others? I feel like there's enough momentum that other developers might actually pursue projects around the NGA site if McKee doesn't have a stranglehold on them all.
^They will have to acquire them from McKee (M Property) at his idea of fair market value, or the city will have to acquire them through eminent domain, and pay him actual market value. Either will be much more than he paid for them. I am pretty sure he and his bank exercised their options a couple years ago when the NGA-West HQ became official, and so own most of the vacant property around the NGA site outright. They (M Property Services) bought the Pruitt-Igoe site for $1 million.
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So the only way to acquire lots from Northside Regen LLC is still through McKee, is what I'm hearing?
^ It even more amazing when think about the fact that not only did he pulled it on St. Louis but the State of Missouri as a whole in my opinion. Been a while since that state legislation passed and gave him a ton of state tax credits to starting buying properties in the first place.
Land banking is going to happen in capitalistic market in a society that values private property ownership. However, can anyone think of something of the same scale that essentially came about as a result of a very specific and large state tax credit give away? I believe the original legislation and its intention was also meant to help KC but don't believe anything came close to what happened with McKee
Land banking is going to happen in capitalistic market in a society that values private property ownership. However, can anyone think of something of the same scale that essentially came about as a result of a very specific and large state tax credit give away? I believe the original legislation and its intention was also meant to help KC but don't believe anything came close to what happened with McKee
St. Louis just won't learn though. We elected a second Hubbard to the Board of Aldermen last year and they are supporters of the effort to roll back ward reduction obviously. They have been McKee's biggest supporters at the local and state level and are at least partially responsible for this whole mess.
"The Board of Aldermen on Friday endorsed directing as much as $8 million in subsidies to a proposed health care facility tied to developer Paul McKee after backers of the project negotiated changes with city development officials.
Under the revised plan, which will come up for final approval next week, developers would have to prove by the end of 2021 that they have financing for a larger expansion hospital beyond the initial three-bed facility in order to qualify for all the subsidies. They would also need to complete the expansion facility — described by McKee’s lawyers as a $73 million, 103,000-square-foot hospital with a medical school — by a June 2023 deadline before some of the subsidies are paid.
Last week at an aldermanic committee hearing, an official with the city’s economic development office had said there was no evidence that the second phase was feasible."
https://www.stltoday.com/business/local ... 35bb9.html
Under the revised plan, which will come up for final approval next week, developers would have to prove by the end of 2021 that they have financing for a larger expansion hospital beyond the initial three-bed facility in order to qualify for all the subsidies. They would also need to complete the expansion facility — described by McKee’s lawyers as a $73 million, 103,000-square-foot hospital with a medical school — by a June 2023 deadline before some of the subsidies are paid.
Last week at an aldermanic committee hearing, an official with the city’s economic development office had said there was no evidence that the second phase was feasible."
https://www.stltoday.com/business/local ... 35bb9.html
^ I mean, I appreciate the strings the city is adding, but come on...does anyone really think Paul McKee has the chops to pull that off? Just cut ties with the guy already.
Chris Prenner submitted an FOIA request for information McKee's Northside Urgent Care project. What he got included a few renderings, which he's posted to his Twitter account:
I'm highly skeptical that anything like this will actually come to pass. But what's proposed here certainly seems more ambitious than what I'd heard about before.
-RBB
I'm highly skeptical that anything like this will actually come to pass. But what's proposed here certainly seems more ambitious than what I'd heard about before.
-RBB
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Which is my biggest concern - that they're hoping that they can gain a ton of initial incentives with the promise of future phases, even if those phases will almost certainly be exponentially smaller / exist at all.
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I thought that the incentives they just got were conditional, and that's how I think they should be dished out going forward.
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Has anyone seen the Simpsons episode when they take the conman who sold them a monorail and strap him to it to send him out of town?
We should strap McKee to a barge and send him down the river. Or maybe the trolley.
We should strap McKee to a barge and send him down the river. Or maybe the trolley.
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^Strap him to an excavator and then use it to break ground on his project? Dump him with the rest of the debris?
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While I was downtown today, photographing the MLS site (see that forum) I drove by McKee's Homer G site. It looks the same as it did months ago. It also has an exact re-build of the 2-sided structure that blew down in the past. "It's deja vu all over again."
Photo 2 shows a bunch of advertising. I don't know that I'd necessarily want my name plastered all over a disaster like this so-called project. There's also the sign up that said this was all supposed to be done in Spring, 2019.
Photo 2 shows a bunch of advertising. I don't know that I'd necessarily want my name plastered all over a disaster like this so-called project. There's also the sign up that said this was all supposed to be done in Spring, 2019.
- Some of the signage on fence
![McKee 2.jpg (39.19KiB)]()
- Close up of structure
![McKee 1.jpg (103.24KiB)]()
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It's absolutely laughable that they've propped up two walls and are trying to pass it along as "construction progress". It's extremely easy to document actual daily site activity and then use those facts to show McKee is acting in bad faith. How the heck has this not been shut down? It's beyond baffling at this point.
McKee has his supporters on the Board that are simply not interested in hearing that Northside Regeneration has been a scam all along aided and abetted by none other than themselves.chaifetz10 wrote: ↑Feb 22, 2020It's absolutely laughable that they've propped up two walls and are trying to pass it along as "construction progress". It's extremely easy to document actual daily site activity and then use those facts to show McKee is acting in bad faith. How the heck has this not been shut down? It's beyond baffling at this point.
Propping up walls to project a false sense of progress and site activity just reaffirms that this guy is a con-artist.chaifetz10 wrote: ↑Feb 22, 2020It's absolutely laughable that they've propped up two walls and are trying to pass it along as "construction progress". It's extremely easy to document actual daily site activity and then use those facts to show McKee is acting in bad faith. How the heck has this not been shut down? It's beyond baffling at this point.
"NorthSide developer says it will start construction on three-bed first phase of ‘Homer G. Phillips’ hospital "
https://www.stltoday.com/business/local ... 1176e.html
https://www.stltoday.com/business/local ... 1176e.html