loading . . . <p>Calling it “an exciting plan,” St. Louis Mayor Tishaura O. Jones is joining city leaders in heralding the selection of the Cordish Companies to redevelop the vacant Millenium Hotel at 200 S. 4th St. adjacent to the St. Louis Gateway Arch grounds.</p><p>According to Cordish, the nearly $670 million preliminary plan includes 1.3 million square feet of residential, office, commercial, cultural, and public spaces “to create a vibrant, multifunctional destination.”</p><p> The proposal includes upscale residential, Class A office space, public spaces, an amphitheater, a food hall, event space, a potential home for the Gateway Arch National Park’s archives, enhanced streetscapes, pedestrian-friendly spaces, landscaping, and art installations. </p><p>“Back in May of 2024, I asked St. Louis Development Corporation and Greater St. Louis Inc. to bring me a plan to address the Railway Exchange and the Millennium Hotel within 120 days. In September, they established a path forward to address both buildings,” Jones said in a release.</p><aside class="scaip scaip-1"><style>@media ( min-width: 300px ){.newspack_global_ad.scaip-1{min-height: 100px;}}@media ( min-width: 728px ){.newspack_global_ad.scaip-1{min-height: 90px;}}</style> <div class="newspack_global_ad scaip-1 fixed-height">
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</aside><p>As a result of a successful public-private partnership, the Gateway Arch Park Foundation stepping up for our community, and the Cordish Companies’ exciting plan, this property at the front door of our state will again be one that St. Louisans can be proud of, and which will contribute immensely to downtown.</p><aside> <div class="newspack-popup-container newspack-popup hidden newspack-inline-popup" data-frequency="0,0,0,month" data-segments="" id="id_315364" role="button" style="background-color:#b01026;color:#fff" tabindex="0">
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</aside><p>Neal Richardson, SLDC president and CEO, called the Millennium Hotel redevelopment “just the start.”</p><p>“The city has a clear path to site control to the Railway Exchange Building. Once the Railway Exchange Building is acquired, downtown St. Louis will be a step closer to a transformational shift,” he said.</p><p>“This redevelopment plan will transform the St. Louis skyline. Working with Gateway Arch Park Foundation and The Cordish Companies on this project will provide the rejuvenation St. Louis desperately needs to transition into a world-class city.”</p><aside class="scaip scaip-2"><style>@media ( min-width: 300px ){.newspack_global_ad.scaip-2{min-height: 100px;}}@media ( min-width: 728px ){.newspack_global_ad.scaip-2{min-height: 90px;}}</style> <div class="newspack_global_ad scaip-2 fixed-height">
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</aside><p>Dustin Allison, GSL Inc., president and CEO, said, “Revitalizing this iconic site into a hub of activity is critical to the future of Downtown St. Louis.</p><p>“St. Louis is the best city in America, and this new project will help our ongoing efforts to once again have the safest, most vibrant, most beautiful, and best downtown in America.”</p><p>In November 2024, the Arch Park Foundation issued a request for development proposals. It reviewed submissions in January with partners and independent experts, evaluating each based on key criteria, including, consistency with local planning guidelines, feasibility of execution, highest benefit to the neighborhood and broader community, and alignment with the approved <a href="https://www.archpark.org/images/uploads/200_S._4th_St_._-_Redevelopment_Plan_.pdf">redevelopment plan</a> for the site. </p><p>The Foundation received three qualified and complete responses to the RFP, and all called for demolition of the hotel structure.</p><aside class="scaip scaip-3"><style>@media ( min-width: 300px ){.newspack_global_ad.scaip-3{min-height: 100px;}}@media ( min-width: 728px ){.newspack_global_ad.scaip-3{min-height: 90px;}}</style> <div class="newspack_global_ad scaip-3 fixed-height">
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</aside><p>“We are delivering on our promise to take swift action to bring vibrancy once again to this critical downtown location,” said Ryan McClure, Executive Director of Gateway Arch Park Foundation.</p><p>“By selecting a developer before closing on this property, we are continuing momentum with purpose and dedication. The Cordish Companies is a world-class U.S. developer, and their vision will be transformative for this site, creating a stronger, more connected downtown St. Louis and uplifting our entire region.”</p><p>Blake Cordish, The Cordish Companies principle, called the development “a once-in-a-generation moment to reimagine and continue to reinvigorate downtown’s urban core.”</p><p>“By linking new and existing assets to thriving corridors, this project will act as a catalyst for further revitalization, bringing more residents and visitors, attracting new businesses, and driving long-term growth and vitality for St. Louis and the region.”</p><p>The redevelopment plan is scheduled for review during the <a href="https://www.stlouis-mo.gov/events/eventdetails.cfm?Event_ID=49162">Land Clearance for Redevelopment Authority (LCRA) Board Meeting</a> at 3 p.m. Tuesday Feb. 25, 2025.</p>
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</div> https://www.stlamerican.com/news/local-news/city-gsl-announce-millenium-hotel-plan/
