The only thing I would say about street plantings is that in general an understanding of the transit

Last month I posted about a vacant retail space in a state-owned parking garage  (see:  Storefront Still Vacant A Decade Later, Tax Dollars Wasted? ). Some said perhaps the Renaissance Grand Hotel used the space for storage, but that didn t seen likely to me. Well, turns out the retail storefront has been used by the hotel for storage rent-free sheraton san diego hotel and marina for a decade!
The Missouri Development Finance Board ( MDFB ) built and owns the garage, the attached ballroom building has separate ownership. The vacant storefront is just to the south of the auto exits from the garage.
To assist infrastructure and economic development projects in Missouri by providing the critical component of the total financing for projects that have a high probability of success, but are not feasible without the Board s assistance.
How does leaving this storefront sheraton san diego hotel and marina vacant for a decade support their mission?  I talked with a hotel employee in the finance department who said if someone wanted to lease the storefront they d remove their stuff. Retail spaces don t lease themselves, it takes work to get tenants.
Thanks, I ve already started talking to those who I think can get the hotel to empty the space and get the MDFB to lease the space. I have no problem with rent of $1/year as long as the space is active.
A dollar a year won t pay for a lot of tenant finish sheraton san diego hotel and marina work (for things like lights, HVAC and a bathroom). While something would definitely be better than nothing / the current use, when it comes to energizing the street, there are many other vacant spaces that are already move-in ready. Financially, it would make more sense to put MDFB (whoever they may be) into one of those, and find a tenant that can actually pay market rent to move into this space. Alternately, do what s been done at Union Station, and finish this space as meeting space for the hotel, and lease it to them.
Missouri Development Finance Board (per Steve s link). While they helped to finance project, I doubt that they own it. The owner is responsible for paying the mortgage, sheraton san diego hotel and marina and getting the space leased would help. But if enough revenue is being generated from parking alone, and putting a tenant in the space means finding and spending more money on tenant improvements, the owner may have decided to just leave it vacant.
Great discovery! Thanks for doing what you do to keep the city honest and make it a better place. I am glad you are following up on the issue and hope that you are successful in getting the retail space used.
Well to start with, even though a hotel has a brand name, they are rarely owned by the corporation. Must, if not always, they are franchised out so the state was not really renting it out to a big conglomerate, but to the local franchisee. And what probably happened, especially from your statement Steve, is that 10 years ago, the area could still have been said to be in the dump , so there was this empty area, the hotel asked if they could use it (for whatever reason) and the state rep (by this time buddies with the hotel) said something like sure, you can use it for a few months, without thinking further, and then it got forgotten. I really doubt this was some devious sheraton san diego hotel and marina plot to get free rent or such. But, BUT this just shows why we have areas where it s hard to get a foothold.
sheraton san diego hotel and marina I mean, you would think that the hotel managers would think that hey that empty space is making us look bad and therefore bad for business we should help find a tenent. Too many building owners/store managers think that their responsibility ends at their front door. God forbid should they look at the bigger picture. Maybe if more understood how the bigger picture plays into the profit/loss process we wouldn t have issues like this.
As a small business owner who had to move out of downtown because of rate hikes, this is really upsetting. There are so many vacant storefronts, but local small companies can t afford the overhead. Only makes the city look bad.
Hey I could use some $1 a year storage space, as could many who rent the many storage units in the region. Let s see, what are the the qualifications of this giveaway? sheraton san diego hotel and marina Pay offs, what?, come on, is it because I m a mere citizen I don t have access to these giveaways?
For a couple of days now there has been lots of moving activity out of the space. They ve got a moving team, trucks, and a dumpster. I ve seen them carrying sheraton san diego hotel and marina out rugs, mattresses, and chairs. Some of the mattresses looked to be still wrapped in plastic and they were placed in a dumpster. Hope it s bound for a donation instead of the landfill. If this post is related to this recent activity, nice work. Hope the space will be put to better use.
The only thing I would say about street plantings is that in general an understanding of the transit development should proceed any plantings. I know Grand Ave better than 12th street although the...