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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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To: Libertarian at heart

You have a point. Just about every law firm in St. Louis has a department that specializes in eminent domain. No wonder that when polls are taken, 80% of us want eminent domain abuse stopped and 20% want the abuse to continue. The 20% are all lawyers.

Monday March 31 is opening day for the Cardinals. There will be a group collecting signatures to put two initiatives on the ballot in Nov. that will put a stop to eminent domain abuse. I know we are all in a rush to get inside the ballpark, but please take a minute to sign the two petitions.

In 2006 a burly rude security person who worked for the Cardinals was throwing signature collectors (for an eminent domain initiative that did not get on the ballot in 2006) off of the sidewalk surrounding the ballpark.

This is a public sidewalk that was constructed with subsidies from the taxpayers. Lets hope the Cardinals do not resort to such UnAmerican behavior this year.

The signature collectors on opening day will be mostly, if not entirely, unpaid volunteers that are working hard for all of us. Please take a minute to protect your property and increase its value.

NOW MOST IMPORTANTLY, GO REDBIRDS

— clearthinker
6:54 am March 28th, 2008

Let’s face it, Ballpark Village just isn’t sustainable in downtown St. Louis. Everyone should be asking themselves: Am I really going to go out of my way to eat/shop down there from November-March? Really…at a Chili’s or Hard Rock Cafe????

St. Louis needs to work on getting more people to live/work downtown before considering a move forward. Adding 1,000+ daily workers (Centene) to the complex was 100% necessary for the village’s success, but it was also just a small piece of the requirement. If it no longer made business sense for Centene in these tough economic times, can you blame them? Blame the irresponsible borrowers and lenders that got us into this mess!

I would rather see no Ballpark Village at all than a $350 million one that completely bombs. Perhaps we should petition MLB to waive the 2009 All Star game for a few years until we can get the area cleaned up? Who wants to showcase St. Louis in it’s current condition?

— Chris
6:57 am March 28th, 2008

#139, I do agree with you and I do think it beneficial for city and county to merge. But it hasn’t happened yet, and it seems it’s not going to happen anytime soon; and the reason is because both sides are resisting, and my guess is the county more so than the city. And when you’re “young and progressive” (sorry, I had to chuckle when I read that) a$$ is done with school, my bet is that you’re not going to be sticking around this sad, sorry town. Why would you? Why would anyone who is young enough and isn’t tied down with a family and a crappy job, when there is absolutely no opportunity here? Good luck to you.

— B
7:45 am March 28th, 2008

As someone now living in Texas who spent the formative years of my life in St. Louis, much of it downtown visiting the old ballpark, Kiel, the Arch, St. Louis Centre, Union Station, the American Theatre and the old main shopping venues (Famous Barr and Stix, Baer and Fuller and many others) I was greatly dismayed upon my recent visit. I couldn’t believe it! Downtown was like a ghost town! The Ballpark is beautiful! But what happened to everything else?!? St. Louis Centre is closed. Union Station seems to be on it’s last legs. Kiel is closed! Restaurants gone! I didn’t see 20 people on the streets (unless you count the homeless folks)! I am so proud of the fact that I grew up in St. Louis but there is evidently trouble in River City! Mayor Slay, you and your Alderbuddies better get your act together. You’re losing your city! Who exactly is in charge? Supposedly it’s the voters. Looks more like big business and high powered Politicians to me. If you’re voting in St. Louis you best keep a better eye on the ones you’re electing! Check out Bill McClellan’s article on this item…..sounds like he’s on track!!!

— baytownbigmac
8:23 am March 28th, 2008

Sooner or later there will be NY money looking for a place to revitalize and the city will turn around. Then prices will be sky high and everyone will be wishing for the good ol days when there was a big hole in the ground next to the stadium. Everything runs in cycles, Down trends followed by uptrends. The best thing the city could do right now is find an airline to make STL a hub again. Airfares and lack of flights arent compatible with what large corporations are looking for since TWA collapsed.

— tim
9:08 am March 28th, 2008

Right on, BayMac #164 and Chris 162. Read McClellan this morning, folks. He’s right on. Isn’t it a bit of an insult to offer tax breaks and subsidies of all sorts to companies that have nothing to do with (and that couldn’t care less about) St. Louis other than as a profit-generator, while locally-owned restaurants and small businesses all over the city go under?

And again, let’s face it folks. Chris #162 is right — the city of St. Louis does not have the thriving infrastructure and the supporting base population required to make Ballpork (spelling intended) Village work, even if it ever happens. As McClellan said — St. Louis Centre, anyone? People are not going to drive downtown to shop and eat at stores and restaurants that are already all over the county. Until the city can attract and keep corporations once again and truly build a solid core of middle-class families that want to live, work, and play in the city, BV will remain what it is — a pipe dream.

Someday, people are going to get it through their heads that pinning your city’s finances on the fortunes of sports franchises - no matter how popular they may be — is a fool’s errand. The chicanery and shortsightedness of those in positions of influence who would have us believe that a new stadium and a few restaurants and stores nearby are going to be our city’s salvation are a bigger issue than the proposal’s current - and predictable - failure.

— Boyd
9:13 am March 28th, 2008

I have an idea. The RCGA and other important bigwigs should plan a trip to another up-and-coming city and examine how they became so successful.

All kidding aside, the good folks in STL are asleep at the switch and as a result St. Louis is no longer a second rate city, but is on its way to tertiary status. Thanks god Washington U. can’t decamp to a city with promise or we would all be in trouble.

If I were Slay, I would demand Dick Fleming’s resignation and immediately install someone who is willing to set public goals for job and population growth to better market the city. However, StL has a weak mayor system and Slay has no bully pulpit to speak from.

What St. Louisans should be scared of is the certainty that it will be eclipsed in the next 15 years by KC to the west. Just look at the census numbers released yesterday to see how KC is beating STL in growth. Once that happens, St. Louis will play third fiddle to outstate and KC interests.

Last rant, St. Louisans have to stop being apologetic for what they have — there are a lot of good things going on and it doesn’t help when you return home on business and you deal with this awe shucks, we are a second rate town attitude. Be proud of what you do have and sell it to others.

— Former St. Louisan
9:38 am March 28th, 2008

Why don’t the city have some retail stores, restaurants, a museum, a movie theatre and maybe a park for families? The city needs some culture. If you don’t believe me look at Chicago and Nashville. Both cities are growing . The political leaders and people who live in their communities care and got their act together along time ago. The only people who are getting hurt by Centene with the ballpark village are the people who live in downtown st.louis. Let’s hope someone can come in save bv or else by the all star for next year st. louis will be a laughing stock all over the country.

— Ranay
9:51 am March 28th, 2008

I’ts probably dumb to say that Old Busch should have never been torn down.

Nevertheless, my all time favorite phrase is how the “new ballpark is architecturally an integral part of St. Louis”.

Trouble is, that’s a very true statement.

Old Busch meshed with the arch and made for a pretty picture….the Arch framed the stadium, the arches around the top framed the arch, and there were even some glass buildings to throw off reflections. And, of course, “Old Busch” had a heck of a history associated with it!

Back to new Busch: I love St. Louis, but too many of my “warm memories” include LOTS of old, dirty, nasty, worn-out red brick, often shoved up against nasty 1960 highway overpasses.

Yep, New Busch really does reflect the city….you know, the mud hole fits pefectly as it is!

— Andy
10:48 am March 28th, 2008

What have we done lately for the Birds? Anyone have some seed money laying around?

— P.J. Whyte
11:05 am March 28th, 2008

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