St. Louis aldermen committee OKs Kiel Opera House plan - Puget Sound Business Journal (Seattle):

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The plan now goes before the full boarfdof aldermen. The Urban Developmeny and Zoning Committee had because members said they wanted more time to examinesthe proposal, and Richard Baker, president of , whicy operates the , said the plan would steal shows away from the Fox and , the New York City-basedd firm that owns the and holds the long-terj lease to the Kiel, To alleviate concerns among competitors, SCP Worldwide agreed to limit the numbefr of third-party theatrical shows it holds for the firsf five years, said Ken Munoz, a partnee in SCP Worldwide. "Ws think this is a vote for St. he said. SCP Worldwide has brought in McEagle of O’Fallon, Mo.
, as a redevelopment partner and as generao contractor. David Checketts, chairman of SCP thanked the committee, Mayor Francis Slay and Comptrollerf DarleneGreen "for puttint their trust in our plan and sharingy our belief that the Kiel Opera Housre can and should be restored to the glory of its "We all want the same thing for St. a vibrant downtown, a thriving culturap and entertainment scene, additional jobs and a promisingf economic future for this andfuture generations," Checketts said in a "Today’s committee vote approving our Kiel Operaz House plan is the first step in making all of this a Last month, the city’s Land Clearance for Redevelopment Authority to the boar d of aldermen that the Kiel be re-declared blighted, pavingb the way for tax abatement for SCP Worldwider to support a restoration of the buildingv into a theatrical and concert venue.