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03.26.2008 10:07 am

Centene pulls out of Ballpark Village; is the project dead?

St. Louis Post-Dispatch

We’re reporting now that “Centene Corp.’s much touted move to Ballpark Village in downtown St. Louis is dead.”

That’s according to the early version of our story on STLtoday here.

The company put out a news release today, coinciding with the release of documents the Post-Dispatch had requested two months ago related to the Ballpark Village project.

City leaders and Centene officials announced in September that the company would relocate its headquarters to the proposed retailing and entertainment district near Busch Stadium. Few details have been forthcoming about Centene’s $250 million proposal or the Ballpark Village development since then and speculation has been growing that Centene would pull out.

Now it’s happened. Are you surprised? What does this mean for the Ballpark Village project at large?

UPDATE: Here is the full text of Centene’s statement.

Ballpark Village was unable to accommodate Centene’s plans for our world headquarters which we deeply regret and are disappointed to announce. Since our announcement in September 2007 , we have been working closely with representatives of Ballpark Village to finalize details for this project.

Despite the best efforts of everyone involved, we could not bring our plans to fruition. We were committed and excited to move our headquarters downtown, as we recognize that Ballpark Village will help strengthen the region and we wanted to be part of this. We wish the Cardinals and the developers of Ballpark Village nothing but the best in their efforts to complete this important retail and mixed-use development.

We are currently resuming the evaluation of other potential options for the location of our corporate headquarters, both in and out of the region. We very much appreciate the commitment that leaders of this community, especially Mayor Francis Slay and his staff, have shown throughout this unusually long and public process. We remain hopeful that we can work together with local leaders to keep our growing company in the St. Louis region, if not downtown.

We will keep you updated as our search progresses.

ANOTHER UPDATE: Here’s the statement that just came out from the Cardinals and Cordish.

STATEMENT: ST. LOUIS CARDINALS AND THE CORDISH COMPANY

The St. Louis Cardinals and The Cordish Company believe that Centene would have been a great addition to Ballpark Village. We are disappointed that the parties could not come to an agreement, despite months of effort and the best intentions of the City, Centene, and the Ballpark Village team. Ultimately, the many complexities of Centene’s proposed project in Ballpark Village proved insurmountable.

We will now work immediately with the City and State to finalize all public approvals and commence construction of Ballpark Village. The Ballpark Village partnership is in the unique position of having its private financing in place, and we are ready, willing, and able to proceed. Our vision has not changed — Ballpark Village will be a world-class mixed-use project that will positively transform the City of St. Louis.

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two words people…. Strip Clubs!!!!
It will make us county people happy because we don’t have to drive over to the east side. The city will make lots of tax revenue, and the cardinal players will have somewhere close by to get into their usual shenanigans. Also, maybe a few “sports medicine” offices offering outpatient steroid and hgh injections. And of course we’ll put in some trendy loft condos to sit there empty but give the illusion that people want to live downtown.

— larry
5:26 pm March 27th, 2008

#141 AJ…don’y forget most of the civic “progress” crooks behind most of the problems are republican. Are you going to turn down social security and medicare because democrats started the programs? Of course you won’t! Now get real boy.

— Mike
5:34 pm March 27th, 2008

#147: That ignorant attitude is a big part of the problem. There are a lot of great things in the City that I got more often than sporting events. And racism was a big part of why people left the City. Here’s an idea: everyone that works downtown live somewhere in the city. Not only would the air quality be better, and you could keep 40 closed, tax revenues would go up enough to fix most of the problems. St. Louis is sized to house a million people; it currently has about a third of that. That’s a problem.

— John
5:46 pm March 27th, 2008

I agree that there are alot of great things in the city,that was part of the reason I relocated from Illinois. Since moving into this house 6 yrs. ago I’ve had my property tax TRIPLE, been on the waiting list for sidewalk repairs for 2 yrs., saw my neighbor chase someone down the street while firing a handgun at noon after that person beat his car with a bat, been called for jury duty 3 times and spent unknown hours waiting at green lights while bands of young adults try to shuffle across the street while holding their pants slightly above their knees. Makes one wonder how they ever manage to RUN from police or stay gainfully employed, judging from their appearance.

Six years ago I had a dream of joining a vital and diverse neighborhood and enjoying all the city had to offer. But six years later I’m growing weary of being the only person in the line at the grocery store paying with my own money. I’m seeing my tax dollars hard at work,they’re just not working for me.

My job has since moved out of the city and I’ll be doing so also. City Hall can kiss my 1% goodbye. Perhaps the powers that be should think about enticing and retaining those of us that are employed and contribute to the coffers.

As long as ‘business as usual’ remains in place,I’ll take my business elsewhere.

— jane q public
6:36 pm March 27th, 2008

I must agree with #148, Ryan On The Euphonium, Comptroller Darlene Greene is a prime example of excellence, lets hope we can talk her into running for Mayor.

Onto another subject. Has the St. Louis Post done a story about Mayor Francis Slay and The Community Development Administration being under investigation by the U. S. Department of Housing and Urban Development? The charges are allegedly discrimination and violations of the Federal Fair Housing Law. I have been told that the complaint was accepted and that HUD has officially filed a Notice to Sue the City of St. Louis on 2-05-08 under the Federal Fair Housing Law, (42 U.S.C. Sections 3601-3619). I can’t imagine that the Post would ignore such a big story, unless it is a rumor. Does anyone know any more about this case?

I know the Post has covered the recall of Mayor Slay and the audit of St. Louis by the State, but I have not seen a story about this much more serious allegation.

— clearthinker
7:19 pm March 27th, 2008

The DeWitt Dump is the 10th Wonder of Mizzourah. Why is Conan always making fun of us? Gee… now we know why!

— Dave B
9:57 pm March 27th, 2008

I blame Bill McClellan. If he didn’t make so much sense about BV everyone would believe the pipe dream and it wouldn’t be going up in smoke.

— Monkaton
1:40 am March 28th, 2008

This is nothing new. From 1904 when this was a WORLD CLASS CITY hosting the Worlds Fair and the Olympics to now a 2nd rate city is heart breaking. My family has lived in the St. Louis area for all of this and there is enough blame over the years to go around. We need leaders in St. Louis and the State who have vision and plans for renewal that is not just money driven but also heart felt. The St. Louis Zoo is one of the great things still here rich in history, we need to keep this from sliding and make St. Louis 1. SAFE 2. ATTRACTIVE 3. AFFORDABLE. Kill the greed from out of town investors who is here today gone tomorrow. We miss you Gussie.

— Jeff Wade
4:09 am March 28th, 2008

What a huge disappointment to lose Centene, I haven’t stopped crying since I heard the news. I was planning to get a job there and turn my pathetic life around. But I have a proposal for Slay, Geisman, & Rainford. I will agree to locate my law firm there, we specialize in helping clients steal real estate and representing politicians indicted for fraud. Should be plenty of work for my 500 member law firm in St Louis. All we ask in return is the City pay to build our office tower, waive the 1% payroll tax, provide a security force to walk our workers to their cars should they leave the office after dark, provide our workers with paid tuition to the private schools, free lunches, grant us eminent domain to steal any property in the City limits at 50% of value, give us a tax abatement for 100 years, and finally I would like ice cream delivered to our entire staff every Friday afternoon.

— libertarian at heart
5:57 am March 28th, 2008

It was sad to see the City played as a bargaining chip by Centene. It was obvious they never wanted to build here to begin with, Who would want to locate to a city where the primary business is the Welfare industry anyway? I hope Centene is still intact as a business by the time Clayton gives them evertthing they want.

But Cordish is another story. I don’t think that company ever intends to do anything down there — at least not without gouging more bucks from the city/state. Cordish is a MESS as a developer. Look at KC and other failed projects around the country.

And the Cardinals — that bunch of liars — can we ever believe anything they say again? Sad.

— John
6:18 am March 28th, 2008

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