Three Light

Come here for discussion about the new downtown entertainment district.
missingkc
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Re: Three Light

Postby missingkc » Sun Jan 28, 2018 6:26 pm

I have to say, North Oak. That "3" sign looks positively Arabic to me.

cityscape
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Re: Three Light

Postby cityscape » Wed Jan 31, 2018 1:29 pm

Any idea when this announcement will be made?

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ldai_phs
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Re: Three Light

Postby ldai_phs » Wed Jan 31, 2018 1:58 pm

the only source that there would be an announcement today is from stranger things

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Re: Three Light

Postby JBmidtown » Wed Jan 31, 2018 3:35 pm

They probably told Cordish to hold off on the announcement in revenge for how mean we were to them yesterday. :cry:

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Re: Three Light

Postby StrangerThings » Wed Jan 31, 2018 4:33 pm

I was told yesterday morning the announcement was today. I've been in meetings all day and haven't heard any different.

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ldai_phs
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Re: Three Light

Postby ldai_phs » Wed Jan 31, 2018 10:40 pm

Welp

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Re: Three Light

Postby StrangerThings » Wed Jan 31, 2018 10:52 pm

ldai_phs wrote:Welp


Sorry, not sure what the delay is since I was in meetings all day. I’m really not surprised anymore when an announcement is delayed considering it happens 10-15 times in every project.

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ldai_phs
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Re: Three Light

Postby ldai_phs » Thu Feb 01, 2018 10:33 am

No Worries. Is there a new announcement date?

Also, I noticed that a Four Light Twitter Account was just made.
What is the timeline on that project?

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Re: Three Light

Postby kboish » Thu Feb 01, 2018 11:07 am

I watched the finance committee yesterday where they talked about three light. While they may release renderings and make an announcement at any time, this initial funding agreement is just the first step of several. PIEA needs to approve an abatement (which is opposed by the school district) and then the council needs to approve the abatement recommended by PIEA. That in itself, is a multi-week/month process. If the abatement is not approved at the assumed level (100% for 10, 75% for 15 i think), Cordish may have the ability to obligate the city to increase the $17.5 million currently contemplated in the ordinance yesterday...so it could take even longer. That was my understanding at least. So in other words, it could be several months still until any movement is made on this.

Additionally, the reps from Cordish did say they are intent on moving forward with four light as the hotel/apartment combo. They did not make any comments on the timeline. The agreement voted upon by committee yesterday did, however, lower the city's parking obligation to all Cordish residential developments from 1.5 per unit to 1.3 per unit....which is good for several reasons.

And by the way, yesterday I learned or was reminded of something i had forgotten- The city is obligated to provide parking for ANY and ALL Cordish residential projects within the districts for 99 years from the start of the agreement. I assume that means the city is also responsible for maintaining and rehabbing those structures during that period....HOLY CRAP!

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Re: Three Light

Postby StrangerThings » Thu Feb 01, 2018 11:18 am

From what I understood last week, they’re ready to make the announcement but like pointed out above, much work to be done.

One thing about the parking garage situation. I’m sure if they needed significant repairs, Cordish would hit up the city to share in those expenses. However, Cordish has recently taken over maintenance of the garages and the city literally has no day to day involvement. This was done because the city is a bit slow (like most government) on decision making and customers weren’t happy and money was being lost. It’s been working well so far.

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Re: Three Light

Postby DaveKCMO » Thu Feb 01, 2018 3:43 pm

I've been assured the parking entrance for this project is on Truman Road, not Main Street.

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Re: Three Light

Postby KCPowercat » Thu Feb 01, 2018 3:56 pm

Shame two light wasn't the same.

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Re: Three Light

Postby DaveKCMO » Thu Feb 01, 2018 4:08 pm

KCPowercat wrote:Shame two light wasn't the same.


I believe the only entrance for Two Light is on Walnut? That's a pretty small impact (compared to Grand).

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Re: Three Light

Postby KCPowercat » Thu Feb 01, 2018 4:27 pm

That's good...I assumed there would be one on Grand too

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Re: Three Light

Postby DaveKCMO » Sat Feb 03, 2018 9:40 am

kboish wrote:The agreement voted upon by committee yesterday did, however, lower the city's parking obligation to all Cordish residential developments from 1.5 per unit to 1.3 per unit....which is good for several reasons.


That's good for ALL the reasons. CBD does not need any more monster (subsidized) parking structures dedicated to one user. Share, bitches!

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Re: Three Light

Postby KCPowercat » Sat Feb 03, 2018 3:17 pm

1.3 per unit is still a joke given how much they stop public from parking in their lots

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Re: Three Light

Postby flyingember » Mon Feb 05, 2018 9:24 am

KCPowercat wrote:1.3 per unit is still a joke given how much they so public from parking in their lots


At 300 units, that's 390 vs 450 spots

So it's one floor less of parking, give or take.

DaveKCMO wrote:
That's good for ALL the reasons. CBD does not need any more monster (subsidized) parking structures dedicated to one user. Share, bitches!

Isn't Two Light shared public parking?

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Re: Three Light

Postby StrangerThings » Mon Feb 05, 2018 12:13 pm

flyingember wrote:
KCPowercat wrote:1.3 per unit is still a joke given how much they so public from parking in their lots


At 300 units, that's 390 vs 450 spots

So it's one floor less of parking, give or take.

DaveKCMO wrote:
That's good for ALL the reasons. CBD does not need any more monster (subsidized) parking structures dedicated to one user. Share, bitches!

Isn't Two Light shared public parking?


Yes, Two Light is shared public parking. Like all parking garages the city and Cordish partner on.

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Re: Three Light

Postby StrangerThings » Mon Feb 05, 2018 2:32 pm

DaveKCMO wrote:
KCPowercat wrote:Shame two light wasn't the same.


I believe the only entrance for Two Light is on Walnut? That's a pretty small impact (compared to Grand).


Two Light entrance/exit for parking garage is on Grand.

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Re: Three Light

Postby DaveKCMO » Mon Feb 05, 2018 8:50 pm

StrangerThings wrote:Two Light entrance/exit for parking garage is on Grand.


What happens when Grand is closed?


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