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Author: NextSTL

Demo Alert: Big Bend and Clayton

40 South News reports that Richmond Heights is considering a plan to replace the building at Big Bend and Clayton with an urgent care facility. The owner of one of the operating businesses in the occupied building is none to happy about it: Jon Paul had several comments. He said he heard about the plan on Thursday last week. “They’re taking away the nostalgic look of the town with all this building **** that they’re doing that looks like crap,” he said. “It’s a historical building and it could have been redone to where it would look phenomenal. The...

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Rents Rose Fastest in Skinker DeBaliviere

{Zillow} Great news? According to Zillow’s May 2017 Rental Market Overview, Skinker DeBaliviere has shown the largest increase of any St. Louis neighborhood in annual rents, a 12.9 percent gain. The only other neighborhoods where rents grew by more than 10 percent in the last year were Vandeventer (11.2 percent), and Tiffany (10.3). Notably, the increase in rents in our neighborhood was also higher than any town in the St. Louis Metro area, including towns in St. Charles County and Metro East in Illinois. People clearly want to live here, and we are on a roll. If you own...

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Demo Alert: Wabash Signal Tower

I’ve passed the Wabash signal tower on Sarah on Metrolink many times and figured it would make a cute cafe, donut shop, pub, who knows, once the area came to life. Sadly we will never know. As part of the new station under construction a block away, it is being razed. Given there is already room for a third track, it’s a mystery to me why it’s going. This is the kind of fine-grained development that creates place desperately needed in the suburban-office-park-that-happens-to-be-on-an-orthoganol-grid rising around it. Perhaps tearing down the city will work this time. About Richard Bose A...

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Everly in the Loop Photo Tour

Move-ins commenced August 15 at the Everly in the Loop, a partnership between Clayco, CRG, and Koman Group, while workers put the finishing touches on the 14-story apartment building. It’ beings marketed to students, being leased by the bedroom, each with its own bathroom, and amenities and services geared towards them. Background The apartments, with a total of 428 bedrooms, are 80% leased. The building meets the government-mandated one space per dwelling unit regulation. So far lessees have brought about 85 cars. There are also 100 spaces for bicycles. Unfortunately I couldn’t get a picture of them. The sidewalk...

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Failure of Fragmentation: Sales Tax Hike for SLMPD

On Friday the St. Louis Board of Alderman gave first passage 20-4 to a bill to place a 0.5% sales tax increase on the November ballot. It would raise about $23M in revenue and is meant to stem compensation competition from St. Louis County and its 50+ police departments since the passage of the same tax in April. If passed, the sales tax at a restaurant in the Delmar Loop would be 13.3%. Once again we see how fragmentation and spread-out auto-oriented development patterns are leading to insolvency, adding pressure to raise taxes at every opportunity. What happens when...

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