Saturday, January 21, 2012

Ballpark Village state approval delayed until July - Silicon Valley / San Jose Business Journal:

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The project is not listed on the MDFB'xs agenda and won't come up for consideration untik July atthe earliest. The projectg The state board must approve a package of subsidiea for the project that is slaterd to be built north of BuschyStadium downtown. The city of St. Louis’ board of aldermejn approved a package of incentives earlier this year for upto $188 milliob for the $551 million project, dependinhg on what gets built on the site. State sign-off on the subsidy package is requireed beforethe project’s the and Baltimore-based , can sell bondz to pay for the St. Louis-based financial services firm is seekinv to relocate fromdowntown St.
Louis and occupyg 175,000 square feet of space as an anchofr tenant at Ballpark Villagein 2011. No othert tenants have yet been announced. Kansazs City-based law firm was in talks to consolidatetwo St. Loui offices in 100,000 square feet of space at Ballparkk Village, but instead renewed at its currengt office building downtown this month due to delay inthe project.

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