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The St. Louis stadium plan by the numbers
By Nick Wagoner
http://espn.go.com/blog/st-louis-rams/post/_/id/16150/the-st-louis-stadium-plan-by-the-numbers
EARTH CITY, Mo. -- As local politicians and officials continue working toward making the St. Louis stadium proposal a reality, more information on the form of that project is starting to come available.
While there are still a number of obstacles (especially financing) to clear before the proposal can really be considered by the St. Louis Rams (or another team), the site of the potential stadium is gaining some clarity. Missouri Gov. Jay Nixon announced Tuesday that a deal with Ameren Missouri utility company and Terminal Railroad Association has been struck to help clear the land involved in the plan.
Along with that, the leaders released some further information about the site on the north riverfront and what they'll be dealing with as they attempt to procure the land.
89 percent of the parcels likely to be in the development footprint of the project are vacant lots or unoccupied buildings.
72 percent of the site is held by 10 primary property owners.
There are 18 privately held parcels owned by 11 owners within the footprint of the actual stadium site.
The only residential structure in the site is the Hammond Apartments, a 52-unit subsidized, affordable housing project. According to the release, the apartments are all single-room occupancy with no families or children living there.
The actual stadium structure would be constructed within the existing flood wall.
The majority of the historic building along North Broadway would remain in place and the city would encourage reinvestment opportunities.
One of the stadium entrances would be seven blocks from the Eads Bridge MetroLink station.
According to Nixon, the cost of the power line and transmission tower relocation would cost $20 million and the relocation of the rail line would be $3 million. Both prices were already accounted for in the initial cost proposal of the stadium. Both are also contingent upon a financing plan getting approval and the project actually getting underway.
The local leadership estimates the addition of a new stadium would generate up to $20 million in incremental economic benefit coming from the use of the Edward Jones Dome for more conventions and events during the months that would normally be taken by football.
By Nick Wagoner
http://espn.go.com/blog/st-louis-rams/post/_/id/16150/the-st-louis-stadium-plan-by-the-numbers
EARTH CITY, Mo. -- As local politicians and officials continue working toward making the St. Louis stadium proposal a reality, more information on the form of that project is starting to come available.
While there are still a number of obstacles (especially financing) to clear before the proposal can really be considered by the St. Louis Rams (or another team), the site of the potential stadium is gaining some clarity. Missouri Gov. Jay Nixon announced Tuesday that a deal with Ameren Missouri utility company and Terminal Railroad Association has been struck to help clear the land involved in the plan.
Along with that, the leaders released some further information about the site on the north riverfront and what they'll be dealing with as they attempt to procure the land.
89 percent of the parcels likely to be in the development footprint of the project are vacant lots or unoccupied buildings.
72 percent of the site is held by 10 primary property owners.
There are 18 privately held parcels owned by 11 owners within the footprint of the actual stadium site.
The only residential structure in the site is the Hammond Apartments, a 52-unit subsidized, affordable housing project. According to the release, the apartments are all single-room occupancy with no families or children living there.
The actual stadium structure would be constructed within the existing flood wall.
The majority of the historic building along North Broadway would remain in place and the city would encourage reinvestment opportunities.
One of the stadium entrances would be seven blocks from the Eads Bridge MetroLink station.
According to Nixon, the cost of the power line and transmission tower relocation would cost $20 million and the relocation of the rail line would be $3 million. Both prices were already accounted for in the initial cost proposal of the stadium. Both are also contingent upon a financing plan getting approval and the project actually getting underway.
The local leadership estimates the addition of a new stadium would generate up to $20 million in incremental economic benefit coming from the use of the Edward Jones Dome for more conventions and events during the months that would normally be taken by football.