Michael we are lucky the St. Louis Post Dispatch covered the story at all. I am suprised and quite excited for this project. When I first visited the area I had no idea what this area was yet I knew it had potential. Its great to see positive development in the North Side!
What intrigues me most is the claim that they aren't planning to tear down anything. Is it really still possible to save this one?http://www.builtstlouis.net/northside/images/old_north/14th-03mar09.jpg
Robert-You should have faith. Remember when you had to see it to believe it re. the planned save of one of the CONECT buildings? Check it out...they did it.
Aren't public subsidies great?
^Yes, when they are responding to the desires of the public. In this case, a neighborhood is driving the process and using public money to help finance it. This isn't the case of a city planners stepping in with a subidized project to benefit the super-rich.
^Calm down, fella. I have no problem with them, just a clarification from the R Powers comment that most buildings can be saved if public $$ are made available. That seems to be the model followed in the CONECT project and probably will be the model followed here.
What's interesting is that it wasn't solely public dollars that saved the ONSL buildings of the CONECT project - it was an incredibly artful and creative financing structure that did it. Most developers would not burden themselves with such a complicated and novel structure. So it's not just where the dollars come from, but how you use them.
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