The Loft Depot, Where work and play are within walking distance

Friday, May 30, 2008

My Favorite John Steffens Pic


I love the progression that St. Louis has experienced in the past decade and we have many people to thank for that. John Steffen is one of those great people to add to the allure of the Downtown loft District. However, from a far I can only wonder about the ultra-aggressive business plan that was set into motion & continued forge on through numerous market warnings. I recognize Johns' accolades from high ranking officials including the Mayor. However, I think that it would be a fair assumption that John Steffen's Pyramid Co. was more than just a product of a market that was tightening its belt for credit opportunities. As much as I agree with that tag that the Mayor put on Pyramid I feel compelled to ask more questions. Why was there a blatant disregard for the slowing in loft sales? While the loft district was cooling down in late 2006 and early 2007 Pyramid was unveiling new elaborate plans for multiple new developments. I understand an individuals resilience but you must be able to adapt to adversity and it seems as though Pyramid could not. I understand that it is not easy to turn around a company with so much inertia. However, a bit more caution could have avoided this great deal of uncertainty that has been cast upon the down town loft district. Now we are in for some interesting times to see what happens with the current unfinished developments & how this story effects the already skiddish buying community. I'm an optimist at heart and I truly believe that the Loft District will show its' own resilience and maintain the position it has worked so hard to achieve. However, I also know that there are many more challenging times to come for the housing market and specifically the Loft District.

Wednesday, May 7, 2008

BALL PARK VILLAGE 1 DAY SALES EVENT 5/17

Great News! We have finalized the Unit plans and pricing for the new condominium homes to be renovated at Cupples Station Building #9, across the street from the Westin Hotel and immediately west of the new Busch Stadium. We plan to hold a one-day special sales event on Saturday, May 17th, at 10:00 am, at which time we will offer discounted pre-construction sales prices to those who have registered on our Priority List and made a refundable $2,500 deposit. These prices will be valid until 12 noon the day of the event. A follow-up email will be sent out in the coming weeks providing details on the event, unit selection and how to take advantage of this pre-construction pricing offer. Please click here to view the floor plans and pricing.

By clicking the link above you will be able to view the following:
The unit floor plan layout for floors 5 and 6 at Ballpark Lofts Building No. 9 and the floor plan layout for the remaining units on floors 3 - 6 at the Ballpark Lofts Building No. 8.
The Private Club Level at Building No. 9, Floor 7, is being marketed exclusively to Corporate and Celebrity St. Louis.
The Ballpark Lofts unit sales price list. (Please note, the Ballpark Lofts Building No. 9 price list has two columns. The first column shows the unit sales prices that will go into effect the day after the special one-day event. The second column shows the discounted sales prices that will be exclusive to the Ballpark Lofts Priority List - an automatic 5% equity in a new condominium home next to Busch Stadium.)

Upon selecting your new condominium unit on May 17th, you will be expected to sign a Purchase Contract. We also plan to have lender representatives at the event to discuss financing, if you care to do that at that time.

To place your name in priority order for this one-day sales event, you will need to complete an application and provide a refundable deposit in the amount of $2,500. Please contact John Sprague @ 314.677.6090

Saturday, May 3, 2008

2008 Loft Tour

Spring Downtown Living TourMay 3 & 4, 2008Noon to 5:00 pm each day. The Downtown St. Louis Partnership and Downtown St. Louis Community Improvement District present two Downtown Living Tours each year. These tours showcase various properties and include rental as well as sale properties. The Downtown Living Tours are the best way to explore the wide variety of neighborhoods and housing options available throughout the downtown area. As you stroll past new and familiar shops, restaurants, services, amenities and attractions, the tours are also a great way to get a feel for the excitement and convenience of downtown living. TICKETS are available in advance or the day of the tour. There is no threat of the tour selling out. Advance tickets are available at all MetroTix locations. Charge by phone 314-534-1111 or online at metrotix.com. The ticket price is $7. PAYMENT FOR TICKETS may be made by cash, check or credit card. All sales are final – no refunds will be made. Event will be held rain or shine. REGISTRATION LOCATIONS are at 10th Street & Olive St (Syndicate building) and at 20th St. & Washington Avenue (Tudor building). PARKING is complimentary with the purchase of a tour ticket. Complimentary parking is available at the 9th Street Garage (at 9th Street and Olive Street - enter off Olive) and behind the Tudor building. A TOUR PROGRAM AND MAP will be given out with your wristband at the tour registration area. The wristband will give admittance to all properties. SELF-GUIDED WALKING TOURS generally offer an opportunity to see all of the properties on the street as well as provide a chance to see all of the new and unique restaurants and retail. While we encourage you to walk, we will have free shuttles for your convenience. The TOUR AREA is all within the defined area of downtown St. Louis, Jefferson to the west, Cass to the north, Chouteau to the south and the Mississippi River to the east.

Don't Forget The Kids This Weekend!

This year, the annual Spring Downtown Lofts Tour, May 3 - 4, has children from the Downtown Children's Center, located at 22nd and Washington, manning their first fundraising effort. On Saturday and Sunday afternoons, from 12 Noon until 5:00 p.m., they are hosting their Kids Lemonade Stand on Washington Avenue. 100% of the food and beverages donated by Kevin McGowan will go toward helping to erect a block-long playground.