urbanSTL

framer wrote: ↑

Aug 14, 2021

That's a damned expensive renovation.

I think this is just their planned “over $20m” in capital investment that was announced in jan 2020

$26 million to renovate three floors? 

framer wrote: ↑

Aug 15, 2021

$26 million to renovate three floors? 

That might be tied to their occupancy permits
since you get a OP off a BP for large projects.

dbInSouthCity wrote: ↑

Aug 15, 2021

quincunx wrote: ↑

Aug 14, 2021

$26M building permit application submitted for INTERIOR ALTERATIONS (TENANT FINISH) PER PLANS -FLRS 1, 2, 11
Who is the tenant?

Isn’t it the company that bought the building the tenant?

I believe another fairly large tenant that's sort of "been in the marketplace" for quite a while has landed at this building.  Don't get too excited, though-- Another Downtown relo.  

^ Yep, here is the announcement per Bizjournals.   Not sure if this is just wanting some different place/refreshed digs to hang out and or it will help with some expected growth.    Relocating but staying downtown for growth is not a bad thing

https://www.bizjournals.com/stlouis/new ... 3#cxrecs_s

Affordable housing developer McCormack Baron Salazar, currently located in downtown St. Louis, will move its corporate headquarters to another newly renovated building downtown.

quincunx wrote: ↑

Aug 14, 2021

$26M building permit application submitted for INTERIOR ALTERATIONS (TENANT FINISH) PER PLANS -FLRS 1, 2, 11
Who is the tenant?

Changed to $2,053,083 and issued

Happened last night

No, that didn’t happen last night. It happened few days ago when it was really cold and windy and shoddy construction that was just done didn’t help either

The walkway ceiling collapsed

Damn.. from a burst pipe or what?

^  Bizjournals reporting frozen sprinkler pipe.   As DblnSouthCity stated, consequence of what happened earlier.    Who knows on shoddy construction but does seem like a frozen sprinkler pipe is something that should not happen in St. Louis.    

https://www.bizjournals.com/stlouis/new ... 0#cxrecs_s

So, this renovation was done on the cheap?  I wonder how much to fix this and will the same mistakes be made?

It broke in an area that I believe was on the interior before renovation, I wonder if they either didn't think to retrofit the sprinkler system to deal with the cold or didn't think they needed to. If that's the case I don't know whether one would consider that shoddy construction or a design oversight, but I doubt it will be repeated.

I think any claims of shoddy work at this point are premature and mere speculation. Accidents happen. Oversights that seem minor happen. Designs miss things. Fire suppression piping is uniquely vulnerable because it often goes where you would not otherwise want to put plumbing. They will get it fixed with whatever modifications are needed, and move on. This isn't a structural issue, so doesn't seem like there is any reason to believe there will be any long-term issues.

^ Agree, who knows unless someone has specific knowledge of the design, or a bad assumption that piping had same degree protection in the lobby as the main structure or even the possibility of heat going out & no one around to realize it until the pipe was frozen  

Separate issue, but the last time I went by, the retaining wall looked unfinished. I hope they plan on cleaning it up. Hard to describe, but it looks sad, especially with all the new landscaping and other shiny upgrades.

Tim wrote: ↑

Dec 31, 2022

Separate issue, but the last time I went by, the retaining wall looked unfinished. I hope they plan on cleaning it up. Hard to describe, but it looks sad, especially with all the new landscaping and other shiny upgrades.

Fixed

^ Thanks DB, glad to see it. I was a little worried, it seemed like one of those things that would somehow get forgotten about at the end of the project.