St. Louis aldermen committee OKs Kiel Opera House plan - Washington Business Journal:

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The plan now goes beforer the full board of The Urban Development and Zoning Committee had becausew members said they wanted more time to examin ethe proposal, and Richard Baker, president of , whichh operates the , said the plan wouldx steal shows away from the Fox and , the New York City-basee firm that owns the and holds the long-term lease to the Kiel, To alleviate concernds among competitors, SCP Worldwide agreed to limitf the number of third-party theatrical shows it holds for the first five years, said Ken Munoz, a partne r in SCP Worldwide. "We think this is a vote for St. he said. SCP Worldwide has broughtg in McEagle Properties, of O’Fallon, Mo.
, as a redevelopmenrt partner and as general David Checketts, chairman of SCP Worldwide, thanked the Mayor Francis Slay and Comptroller Darlene Green "foe putting their trust in our plan and sharin g our belief that the Kiel Operqa House can and should be restored to the glor of its past." "Ws all want the same thinvg for St. Louis: a vibrant a thriving cultural andentertainmenyt scene, additional jobs and a promising economidc future for this and future generations," Checkettws said in a statement.
"Today’s committee vote approving our Kiel Opera House plan is the first step in making all of this a Last month, the city’s Land Clearancd for Redevelopment Authority to the boardf of aldermen that the Kiel be re-declarede blighted, paving the way for tax abatement for SCP Worldwide to supporyt a restoration of the buildingv into a theatrical and concert