Paper up in the windows. Is demo imminent?
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I've heard the unsubstantiated rumor that the project is no longer happening.clayton1 wrote: ↑Mar 29, 2023I heard recently that the small, mostly empty building at the east end of the site (sauce on the side) is no longer part of this deal. Not sure if the development is shrinking to exclude that parcel or if the project is on hold entirely. Anyone have any info?
The property is owned by Montgomery Properties, a St. Louis-based, family-owned real estate investment, development, management and leasing company.
Joel Montgomery — whose family is also behind Montgomery Bank — said that the family would have the option to remain a part-owner in the new development. He said he couldn’t comment on whether plans for the development or its timeline have changed.
The development partners in March 2022 said that they expected to break ground on the project that fall, with construction scheduled to take about two years.
The development was mentioned by the city of Clayton during a June 2022 Board of Alderman meeting, but it does not appear on the city’s list of pending developments.
Post #78 above mentions the newest update leaves the sauce on the side building intact.SRQ2STL wrote: ↑Jun 02, 2023BARcelona To Reopen in old Mayana Mexican Space on Forsyth Blvd
^^ So I'm reading between the lines here, as this seems to be a pretty strong indication of the status of the project.
The renderings we've all seen so far indicate they were going to tear down everything from Sauce on the Side, over to where World News used to be. With BARcelona moving into the old Mayana space, it seems to indicate a redesign is happening behind the scenes? With either a smaller tower footprint or*... A tower that hangs over the existing low rise buildings, utilizing air rights... Similar in nature, albeit smaller scale, than what they're doing with the "stick towers" in NYC? Interesting development in the story nonetheless!
Right yes, I remember that. But this is not that building. This is the building adjacent, to the right of Sauce on the Side. So that's 2 out of the entire block now that are no longer part of the assumed towers footprint. This also implies the preservation of the dividing alley between Sauce and where BARcelona will be.jshank83 wrote: ↑Jun 02, 2023Post #78 above mentions the newest update leaves the sauce on the side building intact.SRQ2STL wrote: ↑Jun 02, 2023BARcelona To Reopen in old Mayana Mexican Space on Forsyth Blvd
^^ So I'm reading between the lines here, as this seems to be a pretty strong indication of the status of the project.
The renderings we've all seen so far indicate they were going to tear down everything from Sauce on the Side, over to where World News used to be. With BARcelona moving into the old Mayana space, it seems to indicate a redesign is happening behind the scenes? With either a smaller tower footprint or*... A tower that hangs over the existing low rise buildings, utilizing air rights... Similar in nature, albeit smaller scale, than what they're doing with the "stick towers" in NYC? Interesting development in the story nonetheless!
Mayana was in the same building as sauce on the side. The one you circled was a diner.SRQ2STL wrote: ↑Jun 02, 2023Right yes, I remember that. But this is not that building. This is the building adjacent, to the right of Sauce on the Side. So that's 2 out of the entire block now that are no longer part of the assumed towers footprint. This also implies the preservation of the dividing alley between Sauce and where BARcelona will be.jshank83 wrote: ↑Jun 02, 2023Post #78 above mentions the newest update leaves the sauce on the side building intact.SRQ2STL wrote: ↑Jun 02, 2023BARcelona To Reopen in old Mayana Mexican Space on Forsyth Blvd
^^ So I'm reading between the lines here, as this seems to be a pretty strong indication of the status of the project.
The renderings we've all seen so far indicate they were going to tear down everything from Sauce on the Side, over to where World News used to be. With BARcelona moving into the old Mayana space, it seems to indicate a redesign is happening behind the scenes? With either a smaller tower footprint or*... A tower that hangs over the existing low rise buildings, utilizing air rights... Similar in nature, albeit smaller scale, than what they're doing with the "stick towers" in NYC? Interesting development in the story nonetheless!
...well look at you with the things and the knowledge and the what-not..jshank83 wrote: ↑Jun 02, 2023Mayana was in the same building as sauce on the side. The one you circled was a diner.SRQ2STL wrote: ↑Jun 02, 2023Right yes, I remember that. But this is not that building. This is the building adjacent, to the right of Sauce on the Side. So that's 2 out of the entire block now that are no longer part of the assumed towers footprint. This also implies the preservation of the dividing alley between Sauce and where BARcelona will be.jshank83 wrote: ↑Jun 02, 2023
Post #78 above mentions the newest update leaves the sauce on the side building intact.
I used to go to there a fair amount. I am still not happy it closed.SRQ2STL wrote: ↑Jun 05, 2023...well look at you with the things and the knowledge and the what-not..jshank83 wrote: ↑Jun 02, 2023Mayana was in the same building as sauce on the side. The one you circled was a diner.SRQ2STL wrote: ↑Jun 02, 2023Right yes, I remember that. But this is not that building. This is the building adjacent, to the right of Sauce on the Side. So that's 2 out of the entire block now that are no longer part of the assumed towers footprint. This also implies the preservation of the dividing alley between Sauce and where BARcelona will be.Well damn. You got me! haha *streetview foaming mouth*
Seems this is creeping closer to reality.chriss752 wrote: ↑Mar 30, 2023I heard the condo component is out, hotel remains planned.
It's true. HDA is out as the architect and the Lamar Johnson Collaborative is in. Condos removed and project scope was pulled back (6 buildings will now be demolished instead of 7). Updated plans call for a 20-story, 239ft-tall hotel tower with 245 hotel rooms (my count), 235 parking spaces, a 5000sf high-end ground-floor restaurant, 4500sf jazz club, and 8000sf rooftop bar. Building will be clad in glass, metal panels, and metal that looks like wood. Project cost is $119 Million.
https://www.bizjournals.com/stlouis/new ... -plan.htmlThe changes to the plan were spurred by concerns about cost and the demand for hotel space versus condos, Metherd said. Midas already has another condo development underway nearby in Clayton called the Forsythia. That project is near the Forsyth central office corridor at the corner of Forsyth and Brentwood boulevards, where a new pair of $250 million office towers was recently completed. Earlier this year, Midas also opened a new $47 million Residence Inn by Marriott, the first newly completed hotel in Clayton in 30 years, near that same block. But for the high-rise at Central and Forsyth, “we had cost issues that we couldn't resolve,” Metherd said.
Building a high-rise for two types of uses is much more costly than building a single-use high-rise due duplicate elevators, plumbing and utilities that have to be installed, Metherd said. Pivoting solely to a hotel made the project more financially feasible, he said.
As the project was being planned, St. Louis hotel market demand saw significant recovery from the pandemic, reaching or even exceeding some pre-pandemic metrics. Even as Midas opened another hotel in Clayton, the hospitality-focused developer saw market need for an even larger hotel at the World News site. “Our research has shown that we can support a much bigger hotel in this location,” Metherd said. “And we wanted to make sure the two (condo projects) weren’t going after the same market.”







