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Great buildings have been built in the worst of economic times

Author:Steve Patterson December 29th, 2009

Last week AIA St. Louis noted Radio City Music Hall opened this week during the Great Depression (Dec. 27, 1932). Like our current situation with the stalled Ballpark Village project, plans for the site were stalled due to the economic conditions.

When the stock market crashed in 1929, John D. Rockefeller, Jr. held a $91 million, 24-year lease on a piece of midtown Manhattan property properly known as “the speakeasy belt.” Plans to gentrify the neighborhood by building a new Metropolitan Opera House on the site were dashed by the failing economy and the business outlook was dim. Nevertheless, Rockefeller made a bold decision that would leave a lasting impact on the city’s architectural and cultural landscape. He decided to build an entire complex of buildings on the property-buildings so superior that they would attract commercial tenants even in a depressed city flooded with vacant rental space. The project would express the highest ideals of architecture and design and stand as a symbol of optimism and hope. (Source: Radio City Music Hall)

Rockefeller saw the need to react and devised a new development strategy.

November 2001

Photo by Steve Patterson, November 2001

St. Louis is lacking leaders with the courage to change direction in the face of adversity.   We need people to build lasting quality.  If the St. Louis Cardinals had political & financial pressure on them the Ballpark Village site would be platted for others to begin developing it piece by piece.

November 2001

Photo by Steve Patterson, November 2001

I’ve seen one show inside Radio City, the interior is stunning.

I simply don’t buy the argument Ballpark Village isn’t happening because of the 2009 economy.  The massive project was announced in the Fall of 2006.

12/1/2008: The National Bureau of Economic Research said Monday that the U.S. has been in a recession since December 2007, making official what most Americans have already believed about the state of the economy.  (source; CNN Money)

The Cardinals & Cordish had a year before the downturn started to get the project off the ground.  It didn’t happen because the entertainment district concept is not a sound investment.  The economy is an excuse to cover for a failed development concept.

- Steve Patterson

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  • Thanks for sharing~
  • Hannah Johnson
    Maybe Holliday procell can chip in some funds to get the “Ballpark Village” complex finally constructed. It was part of the deal that was made when Cardinal owners conned St. Louis into building a new stadium
  • JoeBorough
    I'm a bit antsy myself waiting on Ballpark Village, definitely disappointed. In hindsight I wish the 600 million went to expanding transit options in the city -- pay to dig up the trolley lines -- at least then you wouldn't have to worry about tenants etc. How would something like that work? Would it at all? -- 600 Million would go a nice way towards a north-south Metrolink line.
  • Ernie Piffel
    No one -- no one -- has the economic clout today to do what Rockefeller did. Apples and oranges, but keep grinding that axe.

    "We need people to build lasting quality."

    Like the new Mississippi River Bridge that has been dumbed down so much due to lack of funding the question remains whether it can even get built? Does that mean that the engineers and architects have no vision? Political leaders are not engaged?

    Ideology is great, but money drives all. The economy is not an excuse, but a reality.
  • Angelo
    I think Grand has found itself a visionary, most of the visionaries in Saint Louis are busy making use of its currently available resources. There aren't alot of major developers interested in innovative redevelopment.
  • Chris
    The Art Museum expansion is happening.
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