Listing Agents
Adam Montufar
T | 515.446.4181
amontufar@paramountlodging.com
Subu Thiagarajan
T | 510.205.7931
subu@paramountlodging.com
DRE#01891134
Detailed Information
Location
Property Highlights
- Fee simple interest in the ~0.542-acre hotel development site located in downtown St. Louis, MO
- The site is entitled and available for the development of a 175-key Moxy Hotel by Marriott subject to franchise approval
- The site is located within an Opportunity Tax Credit Zone and is also eligible for a 10-year property tax abatement of up to 90%
- The site is ideally situated in the heart of downtown St. Louis, within walking distance of top attractions including Busch Stadium, Ballpark Village, Enterprise Center, Stifel Theatre, the new CITYPARK MLS stadium, and the world-renowned Gateway Arch
- Unparalleled access to the entire St. Louis region and within minutes of the new $1.7B NGA campus, Cortex Innovation Community, upscale Central West End neighborhood, Forest Park, BJC Health (largest employer), and America’s Convention Center Complex, which is currently undergoing a $210MM expansion
- Ideal time to buy in St. Louis alongside several billion dollars of proposed investment including a $3B expansion of St. Louis Lambert International Airport and a $1.2B redevelopment of 140 acres of downtown riverfront encompassing Laclede’s Landing