Mike Shannon vs the STL Cardinals

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Spider John
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Mike Shannon vs the STL Cardinals

Post by Spider John »

n January, Shannon closed his restaurant. Unlike some other restaurant owners in town who had experienced similarly timed closings, he didn’t blame Ballpark Village, the heavily subsidized entertainment and retail establishment adjacent to Busch that is owned by the Cardinals and the Baltimore-based Cordish Cos.

“Everybody wants to blame this or that,” he said at the time. “There is no blame.”

But Shannon, through his attorney, is singing a different tune after struggling to sell his building in a prime location. The building’s marketing is limited by a height restriction in the deed that restricts development on the site to nothing higher than 35 feet. To get rid of the restriction and give the land a fair value, Shannon needs the Cardinals, Cordish, and the city’s Land Clearance for Redevelopment Authority to waive the restriction.
http://www.stltoday.com/news/local/colu ... a6a0e.html

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ZigZagCardsFan
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Re: Mike Shannon vs the STL Cardinals

Post by ZigZagCardsFan »

Hard to take a side when we don't know the sale price Shannon is seeking, nor do we know what the Cardinals offered when they proposed purchasing the property.

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sighyoung
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Re: Mike Shannon vs the STL Cardinals

Post by sighyoung »

ZigZagCardsFan wrote:Hard to take a side when we don't know the sale price Shannon is seeking, nor do we know what the Cardinals offered when they proposed purchasing the property.
Obviously, the offer wasn't bread on Shannon's butter. Heh heh heh

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