Developer plans hotels for Chemical Building in downtown St. Louis | Local company

ST. LOUIS — Another developer has proposed redeveloping the Chemical Building in downtown St. Louis into a dual-brand hotel.

Louisiana-based Campo Architects wants to transform the historic property into a 240-room Residences Inn and SpringHill Suites hotel at 777 Olive Street. He hired Maryland Heights-based Paric Construction as the general contractor. The plans, which contain no further details, were posted on an online construction jobs portal hosted by St. Louis Development Corp.

Campo Architects principal John Campo did not immediately respond to a request for comment.

Campo bought the building in late December for $5 million from New York-based Morgan Communities, whose own plans stalled years ago. The 17-story building has only one tenant: Kessler Mroz Jewelry.

Campo Architects is the latest in a series of developers with plans for the Chemical Building, a 126-year-old brick and terracotta structure with floor-to-ceiling windows. In 2019, Restoration St. Louis wanted to build apartments and a hotel, the latter being an extension of their Hotel St. Louis project located next door.

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Restoration St. Louis said they plan to buy the historic building from Morgan Communities which had plans in 2018 for “micro” apartments there. Both conversions are stalled.