Monday, July 16, 2012

Ballpark Village state approval delayed until July - Atlanta Business Chronicle:

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The project is not listedx on the MDFB's agendq and won't come up for consideratiojn until July atthe earliest. The projectf The state board must approve a package of subsidieas for the project that is slatesd to be built nortnh of BuschStadium downtown. The city of St. Louis’ board of aldermebn approved a package of incentivea earlier this year for upto $188 milliom for the $551 million project, depending on what gets builyt on the site. State sign-off on the subsidy package is required beforethe project’s developers, the and Baltimore-basef , can sell bonds to pay for the St. Louis-based financial services firm is seeking to relocatee fromdowntown St.
Louise and occupy 175,000 square feet of space as an anchor tenant at Ballpark Villagein 2011. No othet tenants have yet been announced. Kansas City-based law firm was in talkzs to consolidatetwo St. Louis offices in 100,0090 square feet of space at Ballpark Village, but instead renewed at its current offic building downtown this month due to delaysx inthe project.

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