Wednesday, March 28, 2012

St. Louis aldermen committee OKs Kiel Opera House plan - Business First of Louisville:

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The plan now goes before the full boarddof aldermen. The Urban Development and Zoninbg Committee had because members said they wanted more time to examine the andRichard Baker, president of , whicb operates the , said the plan would steaol shows away from the Fox and , the New York City-basef firm that owns the and holds the long-ter lease to the Kiel, To alleviate concernsx among competitors, SCP Worldwidwe agreed to limit the number of third-party theatrical shows it holds for the first five years, said Ken a partner in SCP "We think this is a vote for St. Louis," he SCP Worldwide has brought in McEagle of O’Fallon, Mo.
, as a redevelopment partnedr and as general David Checketts, chairman of SCP Worldwide, thanked the committee, Mayor Francis Slay and Comptrollee Darlene Green "for putting their trust in our plan and sharingb our belief that the Kiel Opera Housed can and should be restored to the glory of its "We all want the same thintg for St. Louis: a vibrant a thriving cultural and entertainment scene, additional jobs and a promisingt economic future for this and future generations," Checkettse said in a statement.
"Today’s committee vote approvintg our Kiel Opera House plan is the first step in makingy all of this a Last month, the city’s Land Clearanced for Redevelopment Authority to the board of alderme that the Kiel be re-declared blighted, paving the way for tax abatementf for SCP Worldwide to support a restoratioj of the building into a theatrical and concert

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