Saturday, December 6, 2008

San Luis still in Limbo... but holds vast opportunity

Guests enjoy the sunken swimming pool at the St. Louis De Ville Motor Hotel
July 1963 - (photo from the UMSL Mercantile Library collection)

The West End Word reported recently that the any decision by the St. Louis Archdiocese about whether to demolish the San Luis Apartments (formerly the De Ville Motor Hotel) is on hold until a new archbishop is chosen. With income at the Archdiocese way down this year, it is possible a new archbishop would want to reconsider spending a large chunk of money to demolish the San Luis structure and build a large new parking lot that will not produce revenue. Would the Archdiocese consider selling to a developer? They could potentially stand to gain a windfall if they did. It was reported that the Roberts paid $100 per square foot of land for the formerly tired Days Inn property which they are renovating to open St. Louis' first Indigo Hotel.

Throughout the country there are dozens of examples of MCM hotel properties that have been either recently renovated or simply well maintained over the years (crazy concept isn't it!) including the Jupiter Hotel in Portland, the Horizon Hotel in Palm Springs, the Washington Plaza in D.C., and the Metropolitan in Midtown Manhattan (formerly the Summit). While the economy is down now, it will rebound at some point, and the Central West End will continue to be a very desirable place to stay in a hotel.

Alternately the Archdiocese could form a for profit entity to renovate the San Luis (with historic tax credits) for apartment housing. The location is prime for either market rate or low/moderate income elderly apartments, which was the building's most recent use.

To learn more about the San Luis, please visit this updated site established by fellow preservationists.

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