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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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freeman and clarence looked out for the small tax payers

— billy bob
12:58 pm March 26th, 2008

No one is going to want to hear this but the St Louis Metro area will never become a Dallas, Minneapolis, Seattle etc. until the city and the county merge and become one. There is clout in numbers and with these two entities constantly battling for jobs and aminities things are only going to to get worse. If the two would never have been seperated you can only imagine what downtown St Louis would look like, just imagine if you picked up downtown Clayton and put it in downtown St. Louis we would have on of the best downtowns in the country. If these two can’t merge then something needs to be done about the 90 municipalities in St Louis County talk about duplication of efforts and no one playing on the same team, no wonder nothing is every accomplish to better the region.

I suspect that the failure of the Centenne project is all about corporate greed, the Cordish company, city and state would not give Centenne everything they wanted so they are going to take their ball and go home and probably call home another state.

— Ken
1:12 pm March 26th, 2008

So has there ever been a big ticket development that has worked for downtown Saint Louis since the Arch and old stadium in the late 60’s?

Its been the lofts and City Museum and Tap Room and other smaller scale stuff that has brought live to downtown.

— inquiring mind
1:29 pm March 26th, 2008

Unfortunately, this is the latest chapter in a book called the Demise of a Great City. Just look at the census trends over the last 30 years, after all people vote with their feet. While St. Louis has remained at about 2.5 million (excluding the collar counties it annexes every 10 years to feel relevant), cities like Atlanta, Minneapolis, Denver heck even Indiannapolis are growing by leaps and bounds. St. Louis metro has been passed or will be passed by everyone of them. Even Kansas City metro (still a one horse or cow town) is going to eclipse STL at the current rate. Meanwhile, we have Dick “I rely on Swamis and drive a Volvo” Fleming and the rest of the B team telling us all that the sky isn’t falling. It is.

St. Louisans need to get past their parochial I went to high school here and my grandma was at the Worlds Fair in 1904 mentality and think like grown ups to arrest the multitute of problems. Ask yourself, why does Clayton exist? Perhaps its the earnings tax most people can easily avoid by decamping from the city. Ask yourself, why does the state of Mo take St. Louis for granted? Perhaps its the lack of a singular voice speaking on behalf of the economic engine for the state.

I now live elsewhere, and long to move back to STL because of the great things St. Louis still has to offer, but am always distressed by the lack of progressive thinking in the Gateway.

— Former St. Louisan
1:34 pm March 26th, 2008

Joe Edwards for Mayor!

— Downtown Resident
1:39 pm March 26th, 2008

Something tells me this is not all about the City. I believe Dewitt and corporate greed has once again showed their true colors. We were all threatened to give Dewitt a new stadium or else. Now your ticket prices are through the roof and a family can no longer afford to go to a ballgame. Baseball Village is just another step in their agenda to make more money. It isn’t about the city, or jobs, or anything. It is about all of us allowing ourselves to be bullied by sports teams and their demands. .

— Sue
1:41 pm March 26th, 2008

I just finished reading the statements of the 3 groups (mayor, centene, cardinals/cordish). Everyone is so disappointed, they all worked so hard, but it was just too difficult, blah blah blah. As I stated in an earlier post, I’m not that upset Centene fell through. I sure would like some straight answers though. They make it sound like they were embarking on the building of the panama canal - although my guess is there was less whining on that project.

— mike
1:42 pm March 26th, 2008

Mayor Slay should not seek reelection, just as Governor Blunt has done. I have a few questions?

During the Slay Adninistration:

1. How many thousands of jobs has downtown lost?

2. Have race relations ever been worse in St. Louis?

3. Has crime ever been worse in St. Louis?

4. Have the schools ever been in worse shape?

5. How many grandiose downtown eminent domain or redevelopment schemes have never
been started or completed as promised? Just a few are Ballpark Village, Gentry’s Landing,
the former St. Louis Centre Mall.

6. Have prices of downtown real estate ever been lower? For example, recent sales, Laclede
Gas Building $23 sf, Millennium Building $18 sf, Shell Building $22 sf. This month Plaza
Square Apartments were auctioned off and reports are that the high bid was $16,560 per unit.
You will not find prices this depressed anywhere in the US.

7. How many downtown restaurants have closed in the last few months?

8. The Renaissance Convention Hotel is a loser, and the Lumiere Casino is reported to be
doing terribly.

ST. LOUIS NEEDS CHANGE, SOMEONE WHO UNDERSTANDS BUSINESS AND WELCOMES INVESTORS FROM OUT OF TOWN, AND SOMEONE WHO WILL RESPECT ALL RACES

— clearthinker
1:58 pm March 26th, 2008

St. Louis could easily be a top metropolitan area if we got our act right. We have a world class monument on a crappy riverfront. We sit in the most geographically centered place in the country at the convergence of the two largest rivers, but cannot attract major industry. We have miles and miles of 19th century historical architecture that would sale for millions on the East Coast, but we let it go to hell. I mean St. Louis has all the intangibles, but we cant get anything done because of crappy leadership, racism, and a backwards MO legislature. What St. Louis really needs is a merger and less politicians. We need to get over the old racism, county/city split bull of the pass and move into the 21st century. Companies and people leave St. Louis because there seems to be this cloud of apathy and nobody seems to give a damn about civic pride. We will have problems getting Metrolink, because our leaders have bad funding and MDOT would rather build Atlanta style highways instead of promoting public transportation growth when St. Louis doesnt have bad traffic. I mean what the hell guys! The people of St. Louis and St. Louis County need to get together and demand CHANGE and we need it immediately or this city will start to go downhill. Can anyone say Detroit and Cleveland, were not there yet but if we dont do something we could be.

— goat314
2:16 pm March 26th, 2008

Agree with comment about “St. Louis not being able to get anything right or done”. It takes years if not decades to get the simplest things accomplished in St Louis, like building a downtown bridge and etc. It seems the city always settles for the cheapest way out. It really surprises me how the Gateway Arch ever got built?

Please, who ever owns the lot where the Ballpark Village was to be built, fill in the hole, plant some grass and trees, add a couple of side walks and park benches, and many a few sidewalk lights. Make the area look like some cares.

— Charles Jackson
2:16 pm March 26th, 2008

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