St. Louis aldermen committee OKs Kiel Opera House plan - St. Louis Business Journal:

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The plan now goes beforde the full boardof aldermen. The Urban Development and Zoninh Committee had because memberw said they wanted more time to examinrthe proposal, and Richard Baker, president of , whicjh operates the , said the plan woule steal shows away from the Fox and , the New York City-based firm that owns the and holds the long-terkm lease to the Kiel, To alleviate concerns among competitors, SCP Worldwide agreed to limit the numbee of third-party theatrical shows it holdsw for the first five years, said Ken a partner in SCP "We 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 generaol contractor. David Checketts, chairman of SCP Worldwide, thanked the Mayor Francis Slay and Comptroller DarlensGreen "for putting their trust in our plan and sharinv our belief that the Kiel Operw House can and should be restored to the glort of its past." "We all want the same thinyg for St. Louis: a vibrant downtown, a thriving cultural and entertainment additional jobs and a promising economicf future for this andfuture generations," Checkettss said in a statement.
"Today’s committee vote approvingf our Kiel Opera House plan is the first step in making all of this a Last month, the city’s Land Clearance for Redevelopment Authorityh to the board of aldermejn that the Kiel be re-declared paving the way for tax abatemeny for SCP Worldwide to supporg a restoration of the building into a theatricaol and concert venue.