New riverfront stadium costs crest $5 million
• By David Hunn
http://www.stltoday.com/news/local/...cle_8782c5e3-ec4a-568d-846f-3700886f7dcb.html
ST. LOUIS • The cost of planning for a new riverfront stadium continues to rise.
This week, the tally climbed to more than $5 million, paid out by the public board that owns the Edward Jones Dome, on behalf of Gov. Jay Nixon's stadium task force.
Nixon’s two-man team announced plans for the $985 million open-air riverfront arena in January, days after St. Louis Rams owner Stan Kroenke leaked his own plans to build a stadium in Los Angeles.
Since then, the task force has hired bond attorneys, construction managers, geotechnical engineers, financial advisers, surveyors and architects.
Local architecture firm HOK has made the most, over $4 million. The Dome authority's attorneys, at Blitz, Bardgett & Deutsch, have billed for almost $350,000. Thompson Coburn, which has supplied the effort with bond and financing lawyers, has charged $220,000 as of this week.
Bills were also recently released regarding land acquisition efforts. In February, the task force contracted with Downtown Now!, an arm of the downtown business association headed by former redevelopment banker Doug Woodruff, to tackle land acquisition.
The Dome authority is paying Downtown Now! $20,000 a month, plus expenses related to appraisals and title research. Woodruff pays expenses, plus $12,500 a month to developer Craig Heller to help negotiate land deals. Now!'s administrative fee is $7,500 a month.
As of this week, the authority has already sent Now! almost $70,000.
The task force also recently hired Darryl A. Piggee, for $5,000 a month, to help advance a workforce inclusion initiative, and Environmental Operations Inc., for $13,230, to complete the first phase of an environmental site assessment and identify grant or loan programs relating to site cleanup.