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Post5:01 PM - Feb 19#201

GoHarvOrGoHome wrote:
4:08 PM - Feb 19
What confuses me is how we are still building so many new hotels while recently finished hotels downtown (IE The Last, the Home2, and Indigo) are completely closed or are in receivership.

The Last I specifically wonder about, it's a perfectly good hotel. Seems like if somebody wants to open a hotel they could just pick up where they left off. Any news/rumors about this?
Home2 and Indigo are open. The Last Hotel closed because the owner is a complete psycho who tried to swindle millions from US Bank. Should be reopening be end of year

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Post6:58 PM - Feb 19#202

STL needs more hotels to get bigger conventions.

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Post10:04 PM - Feb 23#203


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Post4:36 AM - Feb 25#204

Maybe give them all the abatement they want if they rebuild the People’s Finance Building

What a disaster that our predecessors in the 50s and 60s left us

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Post6:53 PM - 10 days ago#205

Earth work as started on the hotel site

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Post7:00 PM - 10 days ago#206

Looks like they cut down a ton of trees from other lots on the campus. I can only assume they were those stupid Bradford Pears.

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Post7:10 PM - 9 days ago#207

I’m actually surprised the hotel is going to be built, Wells Fargo is no longer hiring in STL

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Post7:13 PM - 9 days ago#208

Any word of the Heritage House apartments? Anybody sniffing around? Original operators planning to renovate and reopen as senior apartments? It's been a shame to see the building boarded up and rotting in such a prominent location.

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Post7:52 PM - 9 days ago#209

I’m actually surprised the hotel is going to be built, Wells Fargo is no longer hiring in STL
scrap it and build an Aldi's 

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Post8:01 PM - 9 days ago#210

BarryGlick wrote:
7:52 PM - 9 days ago
I’m actually surprised the hotel is going to be built, Wells Fargo is no longer hiring in STL
scrap it and build an Aldi's 
Trying to understand that comment.   You literally got all sorts of lots and spaces to build an Aldi's in West Downtown or Downtown.  In meantime, Wells Fargo is not hiring but a soccer stadium is just down the street and downtown needs a strong supply of hotel rooms for Conventions/sporting evening/entertainment events and so on..    

Will get off thread.  I understand the rift on wanting County doing its fair share to help move Convention Phase II along but city & downtown will be well served if they are willing to part with some Ram's settlement funds to get the convention center in right spot, drive more conventions and therefore more hotel bookings/foot traffic that subsequently drives sales taxes for city. 

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Post12:18 AM - 9 days ago#211

Any word of the Heritage House apartments?
need strong supply of hotel rooms
There you go combo/hotel apts and probably get done faster than the Jefferson Hotel money pit

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Post4:02 AM - 8 days ago#212

Not hiring?

My sister was just hired in a top paying position at the Wells Fargo STL campus in Downtown West. She starts in July here in STL

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Post1:04 AM - 7 days ago#213

matguy70 wrote:
4:02 AM - 8 days ago
Not hiring?

My sister was just hired in a top paying position at the Wells Fargo STL campus in Downtown West. She starts in July here in STL
Right.  Wells Fargo has dozen of positions that they are currently hiring for in their downtown west / midtown location.  Several at 180k-300k.  DB has a tendency to make things up to fit whatever narrative he is trying to push.  

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Post1:40 AM - 7 days ago#214

The narrative I want is WFA moving into actual downtown and this hotel moving forward unfortunately means that's probably not happening anytime soon.

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Post3:17 PM - 6 days ago#215

StlAlex wrote:
1:40 AM - 7 days ago
The narrative I want is WFA moving into actual downtown and this hotel moving forward unfortunately means that's probably not happening anytime soon.

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I like WFA where it's at...it's a great anchor between Downtown West & Midtown.  I'd rather see downtown marketing itself as a growth option for Cortex companies when they outgrow their office/lab spaces.  Helps both downtown and Cortex.

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Post4:31 PM - 6 days ago#216

Yeah; nitpicking about a few blocks one way or another is silly.

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Post5:44 PM - 6 days ago#217

It's not silly whatsoever. The current campus looks straight out of a suburb and belongs nowhere near the urban core. At its current location, WFA has a minimal at best impact on downtown's economy because of its nature as an island disconnected from the bulk of downtown. It's in the same boat as Purina and Ameren as a mostly useless company HQd "downtown."

I've said it before, but just moving those 3 companies into the core of downtown would revitalize downtown more than we can imagine all without the monumental task of landing a out-of-city relocation.

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Post8:26 PM - 6 days ago#218

StlAlex wrote:
5:44 PM - 6 days ago
I've said it before, but just moving those 3 companies into the core of downtown would revitalize downtown more than we can imagine all without the monumental task of landing a out-of-city relocation.

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The sooner downtown realizes it needs to become a neighborhood, instead of corporate musical chairs from 6 blocks away (or the county), then the sooner true organic growth can begin.

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Post8:50 PM - 6 days ago#219

pop_scientist wrote:
StlAlex wrote:
5:44 PM - 6 days ago
I've said it before, but just moving those 3 companies into the core of downtown would revitalize downtown more than we can imagine all without the monumental task of landing a out-of-city relocation.

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The sooner downtown realizes it needs to become a neighborhood, instead of corporate musical chairs from 6 blocks away (or the county), then the sooner true organic growth can begin.
This sounds so cool and smart on the surface but it makss absolutely no sense whatsoever when you stop and think about it for more than 2 seconds.

What you're describing is already happening. Downtown has seen nothing but residential growth over the last 25 years. In reality, however, there is no future for downtown that does not include office. I don't get what's so hard to understand. All the vacant office space cannot be turned into apartments. The demand doesn't exist for that whatsoever.

Towers like 500 N Broadway, Gateway One, BoA Plaza, US Bank Plaza, 1010 Market, 200 N Broadway, etc are all 40%+ vacant. There's no possible future where all these buildings become residential on top of what's happening right now or what's slated to happen with the ATT building, Millennium, RWX, and Chemical. So please get over it.

Purina, Ameren, and WFA are all borderline detriments on the city when you consider how much of their campuses are just green space or parking. They do not leverage or stimulate the downtown economy the same way AT&T, Stifel, or Spire do. Their property tax bills are putrid for how much space they take up. The city and broader region would be far healthier with these companies actually located downtown and their campuses redeveloped into something that resembles urban development instead of an outer 40 hellscape office complex.

RIGHT NOW downtown has more than 50,000 daily workers, the bulk of which are office workers. You'd need 5x as many residents to replace them, and we all know that's not happening. Downtown has lost some 25k office workers in the last 25 years, which has not been offset by residential growth, which is why you see so much decay.

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Post9:18 PM - 6 days ago#220

I would point out that a significant portion of Purina’s campus includes research labs and light manufacturing.

I don’t think any of these three companies will ever move to downtown proper, and their employees wouldn’t be in favor of it.

Ameren would perhaps be the most likely given sustainability is a part of their branding. Could consolidate to a more sustainable tower downtown near public transit.

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Post9:34 PM - 6 days ago#221

75% of Purina's campus is parking or green space, 76% of Ameren's campus is parking or green space, 57% of WFA's campus is parking or green space.

In looking at this, MilliporeSigma is also absolutely atrocious with 89% of its campus being parking or green space.

And I'm pretty sure I'm missing a chunk of Purina because of how spread out and schizophrenic their campus is. These companies are cancers on the city and are simply not a part of a successful future in any way shape or form.

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Post12:01 AM - 6 days ago#222

WFA, Ameren and Purina are nice to have DT from a stats padding and earnings tax perspective but their campuses promote DT’s empty and unsafe vibes. They’re parking demands, particularly WFA and Purina, will never permit the City to stitch its near south and west sides back into a cohesive urban fabric.

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Post1:35 AM - 6 days ago#223

StlAlex wrote:
8:50 PM - 6 days ago
pop_scientist wrote:
StlAlex wrote:
5:44 PM - 6 days ago
I've said it before, but just moving those 3 companies into the core of downtown would revitalize downtown more than we can imagine all without the monumental task of landing a out-of-city relocation.

Sent from my SM-S936U using Tapatalk
The sooner downtown realizes it needs to become a neighborhood, instead of corporate musical chairs from 6 blocks away (or the county), then the sooner true organic growth can begin.
This sounds so cool and smart on the surface but it makss absolutely no sense whatsoever when you stop and think about it for more than 2 seconds.

What you're describing is already happening. Downtown has seen nothing but residential growth over the last 25 years. In reality, however, there is no future for downtown that does not include office. I don't get what's so hard to understand. All the vacant office space cannot be turned into apartments. The demand doesn't exist for that whatsoever.
...Then the demand doesn't exist for office space which has been clearly on display...which brings me back to my original point.  Downtown needs to be more like a neighborhood for long term organic growth.

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Post1:56 AM - 6 days ago#224

pop_scientist wrote:
1:35 AM - 6 days ago
StlAlex wrote:
8:50 PM - 6 days ago
pop_scientist wrote: The sooner downtown realizes it needs to become a neighborhood, instead of corporate musical chairs from 6 blocks away (or the county), then the sooner true organic growth can begin.
This sounds so cool and smart on the surface but it makss absolutely no sense whatsoever when you stop and think about it for more than 2 seconds.

What you're describing is already happening. Downtown has seen nothing but residential growth over the last 25 years. In reality, however, there is no future for downtown that does not include office. I don't get what's so hard to understand. All the vacant office space cannot be turned into apartments. The demand doesn't exist for that whatsoever.
...Then the demand doesn't exist for office space which has been clearly on display...which brings me back to my original point.  Downtown needs to be more like a neighborhood for long term organic growth.
If the office component of the Millennium development is successful we could see additional office development downtown. Time will tell.

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Post2:22 AM - 6 days ago#225

pop_scientist wrote:
StlAlex wrote:
8:50 PM - 6 days ago
pop_scientist wrote: The sooner downtown realizes it needs to become a neighborhood, instead of corporate musical chairs from 6 blocks away (or the county), then the sooner true organic growth can begin.
This sounds so cool and smart on the surface but it makss absolutely no sense whatsoever when you stop and think about it for more than 2 seconds.

What you're describing is already happening. Downtown has seen nothing but residential growth over the last 25 years. In reality, however, there is no future for downtown that does not include office. I don't get what's so hard to understand. All the vacant office space cannot be turned into apartments. The demand doesn't exist for that whatsoever.
...Then the demand doesn't exist for office space which has been clearly on display...which brings me back to my original point.  Downtown needs to be more like a neighborhood for long term organic growth.
This is literally why I'm talking about employers that already own and occupy millions of square feet of office space on the edge of downtown. I'm not talking about bringing in businesses from elsewhere, I'm talking about companies that in every other normal city would be in the core of downtown, probably in a pretty tower. This is straightforward stuff that you'll only find done wrong in STL.

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