8/9/2019 Catholic Schools Week - SCT

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8 South County Times January 23 - 29, 2015

Rigorous Academics, Character Formation, Athletics & Activities

A Catholic School in the Marianist Tradition for Boys in Grades 6-12425 S. Lindbergh Blvd., St. Louis, MO 63131 chaminade-stl.org 314-692-6650

Academic Scholarships ranging from $1,000 to $7,000Over $1.6 Million in nancial aid grants awarded

Call to schedule a tour or shadow visit

Now Enrolling Pre-K thru 8th Grade

St. Dominic Savio Catholic School7748 Mackenzie Rd. 314-832-4161 stdominicsavio.org/school

We Are People of... Knowledge, Faith, Service and Love

Open HouseSunday, January 25

10 a.m. - 12:30 p.m.Building a foundation for life-long learning with a strongfaith formation based ontraditional Catholic values.

NEW!!!

iPADS Pre-K-2nd Grade Dell LATITUDE 3440

3rd-8th Grade along with SMARTBoard technology

MICROSOFT LICENSE allows access at home & schoolthru cloud-based computing

Catholic Schools WeekJanuary 25 - 31, 2015The Good News in Education!

National Catholic Schools Week is the annual

celebration of Catholic education in theUnited States.

What is National CatholicSchools Week?

National Catholic Schools Week isthe annual celebration of Catholiceducation in the United States. Itstarts the last Sunday in Januaryand runs all week, which in 2015is January 25 - 31. Te theme forthe National Catholic SchoolsWeek 2015 is Catholic Schools:Communities of Faith, Knowledgeand Service. Schools typicallyobserve the annual celebration weekwith Masses, open houses and otheractivities for students, families,parishioners and communitymembers. Trough these events,

schools focus on the value Catholiceducation provides to young peopleand its contributions to the church,communities and the nation.

Te theme encompasses severalconcepts that are at the heart of aCatholic education. First, schoolsare communitiessmall families intheir own right, but also membersof the larger community of home,church, city and nation. Faith,knowledge and service are threemeasures by which any Catholicschool can and should be judged.

repaired or replaced since 1998, andmultiple leaks have caused stand-ing water in about 70 percent of theSears store, extensive water damagethrough the mall and mold formations,said project manager Andrew Murray.Missing and failed expansion joints inthe parking garage have caused wa-ter damage and drifting of the garageaway from the main building, he said.

Most of the roof has failed, Mur-ray said. Mold and water makes everysingle tenant space unusable.

The water main for the re suppres -sion system is cracked and inoperable,making any re in the building morechallenging to extinguish, Branca-glione said. All the utilities systemswere built under the building and are,therefore, inaccessible. Ameren Mis-souri cannot disconnect power to thevacant structure because the electricallines feed to the adjacent neighbor-hood, he noted.

The building and property condi-tions will deteriorate rapidly due tothe water in ltration and temperature

uctuations, Murray said.

Community ImpactThe propertys appraised value in

2005 was $89.9 million and droppedto $9.8 million in 2014, according toPGAVs study. The resulting reducedreal estate tax income has meant thatthe citys commercial property tax ratehas risen from 26.3 cents in 2005 to43.1 cents in 2014, shifting more re-sponsibility to other businesses. Like-wise, the Lindbergh School Districttax rate went from $3.23 in 2005 to$4.90 in 2014.

Absence of the mall has reduced theaverage daily traf c on Watson Roadfrom 26,000 vehicles in 2000 to 18,000in 2013, PGAV stated. The commercialvacancy rate on Watson Road is at 28percent. One example of the effect ofthe vacant mall on other Watson busi -nesses is Gordmans, which left for

Arnold last summer. Brancaglione ex-pects Best Buy, in the same shoppingcenter, to make a similar move.

Public IncentivesThe new owner, UrbanStreetGroup,

bought the property in 2014 for $2.625million. The cost of rehabilitationwould exceed the cost of new con-struction, and the volume of necessarycleanup increases the cost of redevel-opment.

The estimated cost of demolitionand environmental remediation wouldbe about $5 million, not including ll -ing the parking garage area with llermaterial, Brancaglione said. Redevel -

opment also would require costly util-

ity relocations and roadway improve-ments.

The extensive costs of such a rede-velopment couldnt be made up withrevenues, including market-rate rents,from the project. Such conditions oftenlead developers to seek tax incentivessuch as TIFs, community improvementdistricts, transportation developmentdistricts, state and federal Brown eldtax credits, property tax abatements(for residential components) andMODESA state-level incentives.

TIF, or tax increment nancing, isthe most critical tool for the project be-cause it can capture both future prop-erty and sales taxes and is exible,Brancaglione said. TIF projects mustfollow a prescribed process, he said,and dont capture any current tax rev-enues.

Likely Uses Brancaglione expects any plan

submitted by UrbanStreetGroup toinclude a residential component. Onesuggestion is a high-rise, high-end se-nior complex similar to the Gatesworthto appeal to older Crestwood home-owners who want to stay in the area. Aresidential component also could allowthe use of a Chapter 353 tax abate-ment, he said.

The project is likely to include re-tail, restaurant and entertainment but not Toby Keith, Brancagli-one said. So-called lifestyle develop-ments have a spotty success recordand such a use is unlikely to appearhere, Brancaglione said.

A recent market assessment studysurprised PGAV planners by revealingthat the Crestwood area is ripe for re-tail development. About $1 billion ofpossible retail business is leaving theCrestwood area in the form of localshoppers who have to go elsewhere to

nd goods, said PGAVs market ana -lyst Andy Struckhoff.

The area is desirable for young fam-ilies who start as renters and thenmove into their rst home in the samearea. The Lindbergh School District isattractive to that demographic.

A number of retail chains circlecertain desirable areas looking foropenings for their stores, Struckhoffsaid, and some of those chains havebeen circling Crestwood since beforethe recession.

The gap analysis tells us therewont be another mall, but theres aretail market that could come back,he said.

Brancaglione said the PGAV teamhas met with UrbanStreetGroup of-

cials three times. They know what

theyre doing, he said of the owners.

Crestwood Mall from page 1 Heavy damage to the former Sear s store. photo courtesy of PGAV

8/9/2019 Catholic Schools Week - SCT

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January 23 - 29, 2015 South County Times 9Catholic Schools Week

Celebrating Catholiceducation and

living out Serviam , I will serve, since 1848.

ursulinestl.org

A world of learning... A world of possibilities...

A world for all of us!St. Frances Cabrini Academy brings

together a diverse group of students andfamilies to create one learning community.

NOW ENROLLING K-8Come to our Open HouseSunday, Jan. 25 Noon-2 p.m.

A World of Opportunity Awaits You

3022 Oregon Ave.St. Louis, MO 63118(314) 776-0883cabriniacademy.org

2 0 1 4 S U M M

E R S E R V I C E T R I P

Notre Dame High SchoolBUILDING S TRONG , S MART W OMEN O NE AT A T IME

V ISIT U S T HIS S PRING !Shadow visits available for 7th & 8 th graders NOW!Call 314-544-1015 or go to www.ndhs.net/shadow to schedule your visit.

An innovative collaboration among four Catholic parishes:

Annunciation, Our Lady of Providence,Seven Holy Founders and St. Michael the Archangel

TOUR OPPORTUNITIES ON ALL HCA CAMPUSES:OUR LADY OF PROVIDENCE CAMPUSGRADES PK 5

ST. MICHAEL THE ARCHANGEL CAMPUSGRADES PK 5

ANNUNCIATION CAMPUSGRADES 6 8

www.hca-stl.org | 314 475 3436

OPEN HOUSESunday, January 25 11am 2 pm

Discover the next generation of Catholic education.Traditional values. Progressive learning.

OPEN HOUSEOPEN HOUSE

Deciding on a school for your child will beone of the most challenging and importantdecisions you will ever make. While theright education can open doors, a well-rounded Catholic education can open theirfuture. At St. Paul Catholic School, weoffer every child a comprehensive educa-tion founded upon values and virtues. Ourschool provides a balanced, state certifiedcurriculum, small class sizes along withdaily religion lessons, art, music, physicaleducation and computer classes Comevisit St. Paul Catholic School and startyour child on the road to successtomorrow.

Building the FutureThrough Faith and

Knowledge

St. Paul - Fenton January 25 th , 2015

11am-1pm

Enrolling Now PK-8 for Fall 2015! Meet the Teachers, Tour the

FacilitiesFeel the Community!Cant make the open house? Call for

a private tour! 636-343-4333

St. Paul Catholic School | 465 New Smizer Mill Rd., Fenton, MO 63026636.343.4333 | www.stpaulfenton.org