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PostApr 25, 2019#51



Also I would include the former YMCA building on your construction list, they started on that bad boy fast

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PostApr 25, 2019#52

^ & ^^ with updates in construction.  Thanks

Completed, Under construction, demo permit

501 Olive — Conversion of LaSalle Building to Boutique Hotel Indigo
705 Olive — Conversion of Union Trust building to boutique Hotel St. Louis
Ballpark Village — New construction of Live by Loews hotel
1501 Washington — Conversion of International Shoe to Boutique Last Hotel
C21 Hotel - Former downtown YMCA 
1019 Pine St — The Hotel Majestic renovated to Le Meridien by Marriott
1322 Dolman - The Bowery in Lafayette Square
2144 Market St — New construction of Fairfield Inn and Suites on the site of the old Harry's Restaurant & Bar
634 N Grand — Missouri Theater Building rehab including hotel (still Hotel Angad?)
3763 Forest Park Ave — New construction of Element Hotel by Westin on the site of the old Habitat HQ - Midas Hospitality
Cortex - Phase 3 — New construction of Aloft Hotel - Midas Hospitality

Recently Proposed or still possible in current economic cycle?
Chemical Building - expanded Hotel St. Louis/apartments
Railway Exchange Redevelopment
Shell building proposal
1320 Market — Conversion of Municipal Courts Building to a Hyatt hotel
11th & Olive - St Louis Moxy
~2600 Locust St — New construction of EVEN Hotel as part of larger Midtown development
Chouteau - McKay/Lafayette Square hotel  
Chouteau - Iron Hill development/SLU
215 York — New construction of AC Hotel by Marriott

Once upon a time or another economic cycle?
Laclede's Landing - Drury residential/hotel tower
409-415 Tucker — Jefferson Arms including AC Hotel by Marriott
3660 Market — New construction of hotel adjacent to the Armory Building rehab
Drury Kingshighway/FPSE Twin Tower rendering 
Koplar Kingshighway & Lindell Tower

PostApr 25, 2019#53

In some respects wishing that the Shell Building developers landed a corporate anchor tenant to put their corporate name and add office jobs instead of hotel proposal when you got Jeff Arms and Railway Exchange with plenty of room to soak up a fair share business class, extended travelers and or the convention business.   

Another way too look at it.  Shell is not too big in square footage that you can envision a mid size company utilizing most of the square footage with room to grow where as Jeff Arms and RX will need multiple uses due to sheer amount of square footage to fill, lease, rent, stack with servers.

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PostMay 07, 2019#54

St. Louis hotel market from industry insiders:

"The St. Louis hotel market is at an exciting turning point, with several new, lifestyle-oriented properties set to make their mark this year. These new hotels will make a statement for the local hotel scene as this Midwest city’s status as a regional tourism destination continues to grow."

https://www.hotelnewsresource.com/article105162.html

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PostMay 14, 2019#55

(Wasn't able to find a thread on Chase Park Plaza) 
Perhaps others can confirm but it looks like the Chase's "reimagining" (renovation) of the Lobby is underway as mentioned in the recent STL Mag article. I haven't seen any renderings, drawings, or even design direction yet. Sonesta hasn't really wowed me yet but I still have high expectations. I would like to see something inspired by the former MCM lobby but I'm afraid it will end up looking more like the interior of The Preston or the Chase Club. 

PostMay 16, 2019#56

Incase anyone is curious about the LeMeridien here are links to the Interiors Firm and the Architecture Firm, just to see what we can expect. 
The LeMeridien in Cambridge, MA by the same interiors firm: http://www.blackdog-studio.com/#/le-meridien-cambridge/
The architecture firm: http://www.cparch.com/portfolio.cfm

I've flipped through the CDs as well, not a whole lot to report back on. No major changes to the East facade or anything. There will be an alcove for a restaurant entry at the corner of Pine & 11th and one operable door at the current sealed double door entry on 11th. 

PostMay 28, 2019#57

The talk on the Moxy thread got me looking at hotel prices downtown. Google Maps is a phenomenal tool for this btw. I get on there to check prices on occasion, seeing how the market is doing, compare STL to other cities, see what the most expensive hotels are. See how much people are over paying for the less refined hotels, etc. You should play around with it if you've never done so. 
I looked at Thursday night this week, it won't even let you book a room The Westin (I'm guessing fully booked). Although, you can get a room there on Friday night... for $654.
The cheapest option for Friday night might be The Hyatt or Drury Union Station, both would run you $200. Want to check into the Hyatt on Saturday night? That would run you $347. The Westin and Drury Plaza appear to be full those nights though. If you can wait to stay in downtown on Sunday night, you can pay $400 a the Westin or $99 at the Marriott Grand. 

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PostMay 29, 2019#58

^Hotel prices this coming weekend aren't exactly a statistical baseline with the Stanley Cup finals in town.

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PostMay 29, 2019#59

Black02AltimaSE wrote: ^Hotel prices this coming weekend aren't exactly a statistical baseline with the Stanley Cup finals in town.
I never said this was a statistical analysis. I was having fun looking at hotel room prices on Google Maps, that's all. 

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PostMay 31, 2019#60

Biz journals with article on downtown Westin rehab @ $11 million.  Behind paywall so not sure if any good tidbits on the side.  

https://www.bizjournals.com/stlouis/new ... s_headline

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PostMay 31, 2019#61

dredger wrote:Biz journals with article on downtown Westin rehab @ $11 million.  Behind paywall so not sure if any good tidbits on the side.  

https://www.bizjournals.com/stlouis/new ... s_headline
The title is a bit misleading. It just talks about the new features of the hotel, the pizza place at 8th and Clark, along with the new hotel rooms. It’s a story along the lines of “the renovation is done. Here’s what’s new”.






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PostJul 27, 2019#62

Chris wrote-up the latest plans for the Holliday Inn Express on Lindell. Looks pretty good:

https://www.cityscene-stl.com/post/cent ... tel-indigo


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PostJul 29, 2019#63

Looks like they are putting quite a bit of work in. Does any one know what happened to the wire bird (phoenix?) sculpture that sat above the underground garage entrance for a while?

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PostJul 31, 2019#64

Biz Journal reporting a bankruptcy hitting two downtown hotels.   I think few people have commented on downward spiral of the two downtown hotels 

https://www.bizjournals.com/stlouis/new ... s_headline

The owner of the Red Lion Hotel and City Place Hotel in downtown St. Louis has filed for bankruptcy, according to documents filed in Florida court.

More than 20 entities affiliated with developer Joseph Gillespie III of Ormond Beach, Florida — including CC STL Holdings LLC and 200 STL Land Inc., which own Red Lion Hotel and City Place Hotel, respectively — filed for Chapter 11 protection July 22 in the U.S. District Court of Middle Florida. Assets and debts were each listed as between $50 million and $100 million.

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PostJul 31, 2019#65

City Place needs to be closed now. It's an embarrassment to downtown and St. Louis in general. The recent reviews on Google Maps are painful. The America's Best Value Inn, north of Lumiere, has much better reviews.Red Lion seems to be better but I'd still encourage people to steer clear of it. 
I'm assuming they don't own the new RL hotel at the airport? Especially since this owner doesn't seem like the renovating type. 

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PostJul 31, 2019#66

Both should just be condos/apartments IMO.  Red Lion is already at least partially that.

Of course that costs money, but they're both high profile locations.  And if there's ever any hope of the Municipal Courts Bldg lot being built on, I think it's worthwhile to get more permanent residents.

Plus, Jesus, Red Lion is literally on the Metrolink platform.  I still don't know how all of those lots haven't been built on.

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PostJul 31, 2019#67

We are not allowed to book Red Lion or City Place for out-of-town visitors at work as they do not meet certain minimum quality/safety requirements (according to whoever classifies that at my employer).

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PostAug 06, 2019#68

I heard something interesting at work in KC today and thought I'd share it here.  I know there has been some talk on this thread and others about whether or not St. Louis can support all these new hotels that are popping up everywhere.  One of my co-workers had to pass through the region for a funeral in Illinois (north of Grafton) last week and his original plan was to stay somewhere in St. Charles County so they could be somewhat close to catching whatever ferries they needed to...apparently every hotel in the region was booked.  Nothing in even in Wentzville.  Nothing downtown, at least in his price range.  Ended up staying in Hannibal.

This is obviously anecdotal, but I found it pretty wild nonetheless.  He said most of the hotel operators were telling him it was because the Cubs were in town.  I could see downtown getting pretty booked up for that, but not quite Wentzville.

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PostAug 07, 2019#69

There was a massive convention last weekend. A true city wide


Sent from my iPhone using Tapatalk

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PostAug 07, 2019#70

Yeah a lot of Jesus loving (religious convention) 30 and under well dressed kids on scooters all week around downtown. 

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PostAug 07, 2019#71

^ & ^^

Excellent point. I forgot about that.

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PostAug 23, 2019#72

I don't have full access behind pay wall but Biz Journals with a couple of hotel related articles.   First, can someone share some tidbits on the respective articles.  

Second, any thoughts on if, or when Drury might pull trigger on Laclede's Landing or is that just plain wishful thinking until we go through another downturn/upturn cycle?  

 https://www.bizjournals.com/stlouis/new ... s_headline

https://www.bizjournals.com/stlouis/new ... s_headline

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PostAug 23, 2019#73

dredger wrote: I don't have full access behind pay wall but Biz Journals with a couple of hotel related articles.   First, can someone share some tidbits on the respective articles.  

Second, any thoughts on if, or when Drury might pull trigger on Laclede's Landing or is that just plain wishful thinking until we go through another downturn/upturn cycle?  

 https://www.bizjournals.com/stlouis/new ... s_headline

https://www.bizjournals.com/stlouis/new ... s_headline
The second link was basically just a run down of this new hotel in Milwaukee.  Not to much to note, just how Drury has long wanted to enter that market and found a nice fit with this building.  One thing I did take away was this little tidbit, "The company also is its own lead contractor, and manufactures the furniture for its hotels."  I knew Drury was it's own lead contractor, but I had no idea they manufactured all the furniture for their hotels.

The first link is a fairly long read, compared to your average Business Journal article.  But it has some interesting information.
In the last 12 months 791 new rooms have been delivered, 1,175 under construction and 13 of 16 either planned or under construction projects are within the City.

Here are a few quotes from the first link.  Some of these should answer those lingering "can downtown support all this" questions.

"In 2017, hotel occupancy within city limits hit a record rate of 67.1%, according to data from commercial real estate firm CBRE — the highest it’s been since 2001 when CBRE began tracking hotel data. It comes as demand grew 16% between 2009 and 2018, but with supply far behind.  And that’s before the city’s current development momentum.  A collection of major projects around the city — from the National Geospatial Agency’s new western headquarters in North City to the emergence of Downtown West with a forthcoming Major League Soccer expansion franchise and the $187 million redevelopment of Union Station — are expected to further increase demand for hotel rooms in the area."

“There’s hotel construction adjacent to City Foundry, Cortex, Ballpark Village — all of these projects are making a play on the momentum,” said David Hoebbel, Cushman & Wakefield’s director of research for St. Louis. “They’re strategically placed and strategically thought of projects that will have success.”

"Between 2010 and 2018, the supply of available hotel rooms in the metro area increased by less than 1% despite a 14.6% increase in demand. That period featured the loss of the Millennium Hotel, which closed in 2014 and cut nearly 800 rooms from the city’s supply.  Meanwhile, supply in Detroit grew 5.4%, Minneapolis grew 14.3% and Denver grew 22.4%, Cushman & Wakefield data shows."

"For Hawkeye Hotels, its acquisition of the Majestic was the right opportunity at the right time.  The hospitality company for years had been circling the St. Louis market, enticed by the region’s diverse economy, with strong silos in finance, health care and education, Patel said. The growing tech scene and the ongoing economic recovery of downtown also made it a compelling market for the firm, Patel said."

"When the Millennium Hotel closed in 2014, it eliminated roughly 800 rooms from the city’s supply. It’s partly the reason why occupancy has grown and likely why a few conventions decided not return to downtown. Yet the impact of losing the Millennium, which offered lower- to mid-priced rates, seems to stop there, according to H&H Financial’s Gary Andreas. 'That’s not the type of property to upgrade the market,' he said.  The 13 hotels, all which are offering a different style or brand, will, he said."

The rest is just some boilerplate stuff about the hotel brands and whatnot.

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PostAug 23, 2019#74

sc4mayor wrote:
dredger wrote: I don't have full access behind pay wall but Biz Journals with a couple of hotel related articles.   First, can someone share some tidbits on the respective articles.  

Second, any thoughts on if, or when Drury might pull trigger on Laclede's Landing or is that just plain wishful thinking until we go through another downturn/upturn cycle?  

 https://www.bizjournals.com/stlouis/new ... s_headline

https://www.bizjournals.com/stlouis/new ... s_headline
The second link was basically just a run down of this new hotel in Milwaukee.  Not to much to note, just how Drury has long wanted to enter that market and found a nice fit with this building.  One thing I did take away was this little tidbit, "The company also is its own lead contractor, and manufactures the furniture for its hotels."  I knew Drury was it's own lead contractor, but I had no idea they manufactured all the furniture for their hotels.

The first link is a fairly long read, compared to your average Business Journal article.  But it has some interesting information.
In the last 12 months 791 new rooms have been delivered, 1,175 under construction and 13 of 16 either planned or under construction projects are within the City.

Here are a few quotes from the first link.  Some of these should answer those lingering "can downtown support all this" questions.

"In 2017, hotel occupancy within city limits hit a record rate of 67.1%, according to data from commercial real estate firm CBRE — the highest it’s been since 2001 when CBRE began tracking hotel data. It comes as demand grew 16% between 2009 and 2018, but with supply far behind.  And that’s before the city’s current development momentum.  A collection of major projects around the city — from the National Geospatial Agency’s new western headquarters in North City to the emergence of Downtown West with a forthcoming Major League Soccer expansion franchise and the $187 million redevelopment of Union Station — are expected to further increase demand for hotel rooms in the area."

“There’s hotel construction adjacent to City Foundry, Cortex, Ballpark Village — all of these projects are making a play on the momentum,” said David Hoebbel, Cushman & Wakefield’s director of research for St. Louis. “They’re strategically placed and strategically thought of projects that will have success.”

"Between 2010 and 2018, the supply of available hotel rooms in the metro area increased by less than 1% despite a 14.6% increase in demand. That period featured the loss of the Millennium Hotel, which closed in 2014 and cut nearly 800 rooms from the city’s supply.  Meanwhile, supply in Detroit grew 5.4%, Minneapolis grew 14.3% and Denver grew 22.4%, Cushman & Wakefield data shows."

Thanks,  some interesting info.   It looks like some room to grow more rooms in the city and help out on the tax revenue side when comparing peer cities.   

So who think will have the next groundbreaking? or maybe the question should be is next ground breaking after Moxy?

Moxy - front runner as per Chris follow up (I'm taking hotel in CWE on York Ave as already broken ground)
Jeff Connector? - not too far behind with NGA under construction, Jeff Ave improvements and a shiny new MLS stadium in 2022
Iron Hill? - certainly got a developable spot ready to go, incentives ready to go, and a big shiny new hospital next door
McKay - Lafayette Square development?
Armory?
Drury - where are you in all the city action? 
Old Muni gets revived

So who thinks the next legit proposal will pop up at

Cupples X becomes a hotel proposal?
Foundry changes course and adds a hotel in mix?
Green Streets/Koman entertains a Sarah St/near Cortex K boutique hotel proposal
St. Louis Zoo - theme hotel at old Forest Park Hospital site is finally put out there as part of development plan
300 Broadway becomes a hotel proposal - or BPV considers phase III hotel tower?

Finally, surprised their hasn't been a hotel proposal pop up around North 29 in county with its continued success to build an impressive plant science node.  Any thoughts?  

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PostAug 23, 2019#75

dredger wrote: Thanks,  some interesting info.   It looks like some room to grow more rooms in the city and help out on the tax revenue side when comparing peer cities.   

So who think will have the next groundbreaking? or maybe the question should be is next ground breaking after Moxy?

Moxy - front runner as per Chris follow up (I'm taking hotel in CWE on York Ave as already broken ground)
Jeff Connector? - not too far behind with NGA under construction, Jeff Ave improvements and a shiny new MLS stadium in 2022
Iron Hill? - certainly got a developable spot ready to go, incentives ready to go, and a big shiny new hospital next door
McKay - Lafayette Square development?
Armory?
Drury - where are you in all the city action? 
Old Muni gets revived

So who thinks the next legit proposal will pop up at

Cupples X becomes a hotel proposal?
Foundry changes course and adds a hotel in mix?
Green Streets/Koman entertains a Sarah St/near Cortex K boutique hotel proposal
St. Louis Zoo - theme hotel at old Forest Park Hospital site is finally put out there as part of development plan
300 Broadway becomes a hotel proposal - or BPV considers phase III hotel tower?
AC hasn't started yet. So that's the next one to start followed by Moxy then Chemical Building in the Spring. The Jefferson Connector Hotel should be more defined next year on a timeline. After the Chemical, most likely Iron Hill will come next. MacKay project is a ways off on future phases. Municipal Courts building is up in the air, maybe it will come back. I don't know. Armory's second phase plans appear to no longer have a hotel (based on what I've seen). But you never know. 

I think the Foundry will be well be handled by the Element Hotel across the street from it. Cupples X will more likely remain office or become residential if Koman decides to take it back up. This part of Downtown is pretty well served with the Westin, Loews, and Hilton. 300 South Broadway will most certainly not become a hotel since the developers there have never developed a hotel and are in the business of apartments. STL Zoo is a ways off. So I think the next big hotel announcement in the City will have to do with either Jefferson Arms or the Railway Exchange Building. If that fails, then another hotel in the area around the future MLS Stadium. 

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