Kroenke, Rams, Dome, Broadway and the Elevated Highway
Last week NFL owners approved Stan Kroenke’s bid to increase his ownership in the St. Louis Rams from 40% to 100%. The sale is not strictly about sports.
Speculation and rumors about the future of the Rams is swirling after Stan Kroenke was allowed to buy St. Louis’ football franchise.
Will they demand a new stadium? Will they threaten to leave town? Nothing is for sure, but Rams fans are crossing their fingers, getting out their rabbit’s feet and eating Lucky Charms: anything to swerve things in St. Louis’ favor. (Full Story: KMOV)
In the next couple of years decisions will be made that may profoundly change the area between St. Louis’ convention center (aka America’s Center) and the nearby Lumiere Hotel & Casino. In 2012 the process starts to bring the Edward Jones Dome into the top quarter of NFL facilities by 2015. If we don’t get the dome into the top quarter, the Rams are free to leave the dome for another facility.
Another facility might be elsewhere in the region or perhaps, back in Los Angeles. The message to us is clear, pony up some serious money to improve the dome or find the dome without a tenant. The third, but unlikely possibility, is the Rams stay put through the end of the 2025 lease without upgrades to get the dome into the top quarter. From the same KMOV story:
There probably won’t be a lot of new, taxpayer funded initiatives to lure the Rams away from St. Louis, but Kroenke is a developer. There has been speculation that he could push for a new stadium. That stadium could be in St. Louis county, near Earth City or even Illinois.
Sports economist Patrick Rishe said moving the stadium out of the city is not likely.
“I don’t think St. Louisans want to go to the suburbs to watch professional sports,” Rishe said. “I think we’re accustomed to watching it downtown, so I don’t think that’s an option. Geographically that’s an option, but logistically I don’t think it will be a reality.”
Rishe is right — if you are talking baseball.
The poll this week asks what you think Kroenke’s purchase of the rest of the team means for the City/Region, the Rams and the dome. City to River wants to replace the elevated lanes you see above that divide Laclede’s Landing (right) from the city to the left.
– Steve Patterson