Friday, April 10, 2009

A Minor Rant...

ESPN really had some great shots of various downtown sites during its coverage of the Women's Final Four earlier this week - the city looked absolutely fantastic. Watching the games from out of town, the St. Louis scenes made me proud (and just a tad homesick).

But why didn't they take any shots of Clayton, the "center of the universe" as a former co-worker of mine once referred to it? Could it be that downtown is actually St. Louis' public face to the rest of the world? Nah, that couldn't be it. :)

3 comments:

Adam Flath said...

I gotta say... that arch really is our biggest asset for the city and the smartest investment St. Louis made.

Anonymous said...

You tell 'em!

Anonymous said...

Clayton is full of old fogies, old money and old ideas. It's old hat. Nobody with any brains is moving to Clayton, whether to live or work. The young people and the baby boomers want to be near the ballpark, the Dome, the restaurants, the Arch, the riverfront, Mike Shannon's, Washington Avenue, Channel 4, Channel 5, the new grocery store (opening 8-11-09) on Olive Street, the universities (Webster & Lindenwood, and not too far from WashU & SLU), and anything else you need.

West County (which like Clayton) voted against Mass Transit in Saint Louis, is now destined to alienate itself from the future development of Saint Louis. Everyone I know is quietly selling out of West County (even at a loss), and buying a gorgeous 3,000 sf condo Downtown (for a lot less) in what is now a very safe, professional neighborhood, with lots of fun activities and attractions. Saint Louis' Downtown is getting back to where it was in the 1950s, even 1890s. It's turning full-circle.

The rents are still cheapest in Downtown - but only for 2009. 6% increase in new residents Downtown in 2008. 0.5% increase in the rest of the county! The writing is on the wall. The bid rents Downtown will soon be the highest in the area - probably by 2012. Centene is going to be kicking itself about not going Downtown - they had every chance.

The smart companies, and the smart homeowners, will surrender their overpriced real estate in Clayton and West County, buy into Downtown, getting some cash out in the process, to weather the recession and allowing the economy to contract. When the storm's over, it'l be the Downtowners who'll look like frickin' geniuses.