By. Chris Stritzel
Near the City Museum and along Washington Avenue lies the old International Show Company building. For a while now, it has been planned to become a boutique hotel. Washington avenue only has three hotels situated along it. Those three are the Hampton Inn near the Arch and Laclede's Landing, the Marriott Grand Hotel and the Courtyard by Marriott Hotel near the convention center. Of course there are some others near the famed Washington Avenue strip, but this will be the forth one and OBLY hotel, for now, to be at the heart of the excitement. The name of the hotel, "The Last Hotel".
The $54 Million hotel development will revitalize one of Washington Avenue's more beautiful buildings by turning it into a 144 room hotel with a ballroom and a rooftop amenity deck. This project though has certainly squeezed all of the tax abatements it could get from the city. The Last Hotel will receive 100% tax abatement for 10 years and 50% at 5 years. Those 15 years better pay off for the Hotel (That puts the project at the beginning of 2035 when the abatements disappear). The developer of the project is Mr. Tim Dixon. He has developed hotels in Milwaukee and Minneapolis and both of those two projects are unique to their cities.
This one is supposed to be unique to St. Louis as the venues and design of the hotel are supposed to include things that are unique to St. Louis. The restaurant is even supposed to have things that really make the St. Louis experience shine.
Construction should start in the coming months and the hotel should open sometime towards the beginning of 2019, most likely by the Spring time. This project is one that I am looking forward to for a number of reasons. The biggest reason is because of how a older building (with numerous art deco designs) will come back to life along downtown's most famous street. It will also put more people on the streets of downtown (which a big plus).
Pieces of information in this story came from the Business Journal. More Renderings will be posted once they become available.
This hotel joins other Downtown Hotel projects. The two closest ones to Washington Avenue is the Hotel St. Louis at 705 Olive Street and the Hotel Indigo on Broadway. The closest one though, by far, will be the AC Hotel at the Jefferson Arms building. That one is expected to get underway this March and open sometime in 2020.