ST. LOUIS BUSINESS JOURNAL - “Developer plans hotel in historic downtown St. Louis building"

“Developer plans hotel in historic downtown St. Louis building”

By Gloria Lloyd
March 31, 2022

“ST. LOUIS — The architect and developer that purchased the Chemical Building in downtown St. Louis is planning to rehabilitate the structure as a hotel using historic tax credits.

New Orleans-based architectural firm John T. Campo & Associates plans to renovate the 125-year-old Chemical Building, 721 Olive St., as a dual-branded hotel after paying $5 million for the structure in December. The seller was an entity affiliated with Morgan Communities, an upstate New York-based commercial real estate firm.”

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