Monday, December 17, 2012

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

coras-newport.blogspot.com
The plan now goes before the full boardcof aldermen. The Urban Development and Zoningg Committee had because members said they wante d more time to examinethe proposal, and Richard Baker, president of , which operates the , said the plan woul steal shows away from the Fox and , the New York City-baseds firm that owns the and holdsz the long-term lease to the To alleviate concerns among competitors, SCP Worldwid agreed to limit the number of third-partyh theatrical shows it holds for the firsyt five years, said Ken Munoz, a partnetr in SCP Worldwide. "We think this is a vote for St. he said. SCP Worldwide has brought in McEagle of O’Fallon, Mo.
, as a redevelopment partner and as generalo contractor. David Checketts, chairman of SCP Worldwide, thanked the Mayor Francis Slay and Comptroller DarleneGreenn "for putting their trust in our plan and sharingf our belief that the Kiel Operas House can and should be restored to the glory of its "We all want the same thing for St. Louis: a vibrant a thriving cultural andentertainment scene, additional jobs and a promisinf economic future for this and future Checketts said in a statement. "Today’s committee vote approvingf our Kiel Opera House plan is the first step in makinvg all of thisa reality.
" Last month, the city’as Land Clearance for Redevelopment Authority to the boarf of aldermen that the Kiel be re-declared blighted, pavinhg the way for tax abatemenft for SCP Worldwide to support a restorationj of the building into a theatrical and concert venue.

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