Big changes are on the horizon for downtown St. Louis as plans to rejuvenate the Millennium Hotel property march forward. A statement issued today described an unfolding vision that's poised to give the area a major boost. The Gateway Arch Park Foundation confirmed that The Cordish Companies have been tapped to redevelop the longstanding structure into a destination set to capture the pride of the city.
St. Louis Mayor Tishaura O. Jones expressed her satisfaction with the progress, stating on the City of St. Louis website, "Back in May of 2024, I asked SLDC and GSL 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." In further developments presented by Mayor Jones's office, she praised the collaborative effort that's shaping the future of this iconic entry point to St. Louis.
Delving into specifics, Mayor Jones highlighted the partnership's significance. "This is what leadership and collaboration look like," she remarked, underscoring the integral role of public and private sectors joining forces. Emphasizing the potential, she added on the City of St. Louis website, "and now, 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."
This redevelopment initiative isn't an isolated endeavor, either. Neal Richardson, SLDC CEO and President, made it clear there's more to come, stating, "The redevelopment of Millennium Hotel is just the start." Richardson shed light on the broader ambition to revitalize downtown St. Louis and catalyze a significant transformation. "Once the Railway Exchange Building is acquired, downtown St. Louis will be a step closer to a transformational shift," he added on the City of St. Louis, further teasing the potential ripple effects these projects could initiate across the cityscape.
