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PostMar 05, 2025#6551

Auggie wrote:
Mar 05, 2025
flipz wrote:
Mar 05, 2025
JaneJacobsGhost wrote:
Mar 05, 2025
Pensions make up for forgoing larger wages that people could get in the private sector.

Stop demonizing federal and other government employees.

There is nothing virtuous about working in the private sector
They're not forgoing anything. Stop making things up. Ziprecruiter lists 100k average fed salary in MO (103k in IL) and 50.5k overall average (54k IL). On top of this they get way better benefits and insurance than the average person in MO.

I'm not demonizing any employees or saying that private employees are better. I'm demonizing the government. They are the ones that hire too many people and pay them too much for what they're doing. A lot of companies do it too but that is at their cost. 
Again, federal government has remained at about 3 million workers for the last 50 years.

1970: 2.9 million
2025: 3 million (0.3%)

Population:
1970: 204.5M
2025: 341.5M (66.9%)

Real GDP Growth:
1947-1970: 3.1%/year
1970-Pres: 3.1%/year

There's no evidence that federal employment has any significant negative effects on the economy and even less that the government is hiring "too many people".
All these people have ever heard since Ronald Reagan is that the government is evil and inefficient and needs to be brought to heel. It’s the original Republican brain worm.

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PostMar 05, 2025#6552

flipz wrote:
Mar 05, 2025
They're not forgoing anything. Stop making things up. Ziprecruiter lists 100k average fed salary in MO (103k in IL) and 50.5k overall average (54k IL). On top of this they get way better benefits and insurance than the average person in MO.
Boy this is just terrible analysis.  Do you think the average fed salary includes many entry level/minimum wage positions like fast food & retail?  Could that perhaps be dragging down the non-fed averages? Also, the more disposable and entry level fed positions are going to be contract positions and won't qualify as a "federal job" but will in fact fall into the non-federal bucket. 

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PostMar 05, 2025#6553

quincunx wrote:
Mar 05, 2025
Use Rams money to bail out the feds do Trump can act like he's shrinking the gov't and the deficit. Hard pass

If it's a sale and lease ack, then sell to a private company and it'll pay property taxes.
No its not a bail out the Feds act but a legit opportunity for the city to add a valuable asset to its coffers considering it was already built for govt functions in mind, would replace and upgrade a very old city hall to consolidate city services and you would be buying at considerably less price than anything you can build.   Advocating for the city and its residents.
I would also agree to your second argument if the building was a sale with guarantees of Feds leasing back.   But suspect that it might be a low bidder deal so private can easily bid and put a value on it more than the city thinks it is worth.    But who knows.   

We can probably agree that way to many unknowns at this point  So I will be game to change positions as things play out

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PostMar 05, 2025#6554

What interest might there be in 100 S 10th across from Eggleton? Would someone be able to build there? Thinking of the buildings in Chicago they wanted to raze for security reasons.

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PostMar 06, 2025#6555

The park on 10th across from the courthouse is actually part of the federal Art in Architecture program. Designed by artist Mary Miss, it's considered to be a piece of artwork owned by the federal government.

FWIW

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PostMar 06, 2025#6556

It appears they don't care about that.

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PostMar 06, 2025#6557

I don’t care about it either. Would much rather have a building

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PostMar 07, 2025#6558

Bart Harley Jarvis wrote:
Mar 05, 2025
flipz wrote:
Mar 05, 2025
They're not forgoing anything. Stop making things up. Ziprecruiter lists 100k average fed salary in MO (103k in IL) and 50.5k overall average (54k IL). On top of this they get way better benefits and insurance than the average person in MO.
Boy this is just terrible analysis.  Do you think the average fed salary includes many entry level/minimum wage positions like fast food & retail?  Could that perhaps be dragging down the non-fed averages? Also, the more disposable and entry level fed positions are going to be contract positions and won't qualify as a "federal job" but will in fact fall into the non-federal bucket. 
Justify it to yourself however you want.

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PostMar 07, 2025#6559

flipz wrote:
Mar 07, 2025
Bart Harley Jarvis wrote:
Mar 05, 2025
flipz wrote:
Mar 05, 2025
They're not forgoing anything. Stop making things up. Ziprecruiter lists 100k average fed salary in MO (103k in IL) and 50.5k overall average (54k IL). On top of this they get way better benefits and insurance than the average person in MO.
Boy this is just terrible analysis.  Do you think the average fed salary includes many entry level/minimum wage positions like fast food & retail?  Could that perhaps be dragging down the non-fed averages? Also, the more disposable and entry level fed positions are going to be contract positions and won't qualify as a "federal job" but will in fact fall into the non-federal bucket. 
Justify it to yourself however you want.
With numbers and logic? Yep.

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PostMar 07, 2025#6560

https://www.bizjournals.com/stlouis/new ... tract.html

Scale AI, which has 200+ employees downtown, got a Defense contract. Apparently the STL office does most of the government contract work.

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PostMar 07, 2025#6561

JaneJacobsGhost wrote:
Mar 06, 2025
I don’t care about it either. Would much rather have a building
Completely agree, this is actually an excellent opportunity for one or several developers to build out this dead space!  This would be an awesome spot for several mid rises with retail.  A guy can dream....

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PostMar 07, 2025#6562

The Last Hotel has closed and has a sign posted on the front doors telling guests to find other accomodations, to try Tripadvisor. 

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PostMar 07, 2025#6563


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PostMar 12, 2025#6564

Kind of a depressing article in the Biz Journal about Lochmueller Group's move from Downtown to CIty Foundry.... while it's nice that they're expanding a bit and staying in the city, the stated reason for not remaining downtown was difficulty finding a space with convenient parking. (Also while not stated in the article, since City Foundry has a TIF there may be implications on earnings tax revenue with the musical chairs move.)

https://www.bizjournals.com/stlouis/new ... undry.html

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PostMar 12, 2025#6565

My brother had to get on multiple waitlists to find parking around US Bank Tower as they returned to office in late Feb , finally got one at MAC 

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PostMar 12, 2025#6566

Expand metrolink and bus frequency. More than 25% of downtown is parking. Thriving larger metro downtowns cannot afford more than that.

Plus get parking added underground and in garages under new construction. Add street parking bays all over downtown to road diet streets, create bus lanes, or bike lanes.

There’s plenty of parking. Maybe every employee doesn’t have the number of dedicated spaces their employees demand. I understand it’s necessary to have but downtown is only a couple square miles. You don’t necessarily get to park in your building or in front of your door. Even successful suburbs (see Carmel) know this. The city could even build garages around the convention center and lease out spots to companies, which I would be okay with. I just don’t want to go down the road of increasing or saving the swaths of surface parking and stand alone garages we have in the middle of our downtown. Those need to eventually be replaced with better land use, and never make those mistakes again.

There are going to be employers that demand that, which is why suburban lawn office buildings exist. We have learned that making downtown that to accommodate those employers hurts downtown in the long run. Some employers prefer to be near more lunch spots, residences, amenities etc that you find in a downtown area.

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PostMar 12, 2025#6567

Foundry TIF captures the earnings taxes paid by employers and employees to pay of the TIF bonds.  It doesn't discount the earnings taxes for those that pay them, so not a factor in the move.

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PostMar 13, 2025#6568

^ Right. But unless Lochmueller previously was in a TIFed building, which may have been the case, the city's revenue from earnings and payroll taxes will be less than what it had been receiving before the move. 

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PostMar 14, 2025#6569

They moved from 411 N. 10th Street.

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PostMar 14, 2025#6570

^ Thanks. It looks like that building has an older TIF that will wear off in about 5 years.  

It's also depressing that this mixed-use building used to be the location of Urban Shark and the bike commuter station. Of course Urban Shark also moved to the Foundry, and the commuter station is no longer around. 

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PostMar 14, 2025#6571

It is currently the headquarters for the soon to be federally indicated city sheriff

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PostMar 14, 2025#6572

The bike industry is in a really tough spot right now, but if somebody for some reason wants to open a bike shop in 2025, Downtown is a niche ripe for the taking. Especially once these connections in the pipeline are more built out. Downtown will be the center of a decent network by the end of the decade. 

Even ust by the end of this year we are getting the Brickline extended to Compton, the 20th Street Bikeway, the 4th and Broadway bike improvements, the Tucker two way cycletrack, and the floodwall blocking the North Riverfront Trail will reopen.

A bike rental and repair shop would probably do well in the middle of all this.

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PostMar 16, 2025#6573

DT is kicking ass this weekend. Wash Ave looks great.

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PostMar 18, 2025#6574

dbInSouthCity wrote:
Mar 14, 2025
It is currently the headquarters for the soon to be federally indicated city sheriff
That took less time than I would have guessed. 

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PostMar 19, 2025#6575

^Hey, some crooks just work harder.

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