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

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The plan now goes before the full boarfof aldermen. The Urban Development and Zoning Committee had because members said they wanted more time to examine the andRichard Baker, president of , whichy operates the , said the plan would steal showe away from the Fox and , the New York City-basedc firm that owns the and holdsd the long-term lease to the Kiel, To alleviate concernd among competitors, SCP Worldwide agreedc to limit the numbef of third-party theatrical shows it holds for the firsty five years, said Ken Munoz, a partner in SCP "We think this is a vote for St. Louis," he SCP Worldwide has brought inMcEagle Properties, of Mo.
, as a redevelopment partner and as general contractor. David Checketts, chairman of SCP thanked the committee, Mayor Francis Slay and Comptroller DarlenerGreen "for putting their trustg in our plan and sharing our belief that the Kiel Operqa House can and should be restored to the gloryy of its past." "We all want the same thinhg for St. Louis: a vibrant a thriving cultural andentertainment scene, additionapl jobs and a promisint economic future for this and future Checketts said in a statement.
"Today’se committee vote approving our Kiel Opera House plan is the first step in making all of this a Last month, the city’s Land Clearance for Redevelopment Authority to the boarc of aldermen that the Kiel be re-declared paving the way for tax abatementt for SCP Worldwide to support a restoration of the building into a theatrica l and concert venue.