hilton home hotel proposal for forest park southeast neighborhood - st. louis, mo 11/2013

8/13/2019 Hilton Home Hotel Proposal for Forest Park Southeast neighborhood - St. Louis, MO 11/2013

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4472 W. Papin and 904-920 S. Taylor Taylor-Papin, LLC

Site Address: 4472 W. Papin and 904-920 S. Taylor

Request: Parcel Consolidation and 10 Year Tax Abatement

Company Name: Taylor-Papin, LLC

Contact Person(s): Bryan Aston, Stan McCurdy, and Jeff McCurdy

Mailing Address: 10411 Clayton Road, Frontenac, MO 63131

Project Information

Description and history of site:

4472 W. Papin and 904-920 S. Taylor are adjacent parcels that are currently vacant. It was previously a warehouse structure and aformer bakery site.

Current and future zoning:

The space is currently zoned F (Neighborhood Commercial District). No zoning change is needed.

Proposed Project:

Taylor-Papin, LLC has a contract on purchasing the property. They plan to construct a 4-story hotel that will consist of 107 hotelsuites, a breakfast bar, patio, fitness room, and an indoor swimming pool. It will be an extended-stay hotel. Each room will contain amicrowave, dishwasher, kitchen sink, and refrigerator. The only other extended stay option in the area is the Residence Inn atJefferson and I-64. The hotel s primary customer base will be patients and family members of the medical center. The hotel entranceis on the north side of the building facing I-64. The parking lot entrance is on the north side of the building along Taylor Ave.

Parking:

The parking lot will contain 111 parking spaces. The parking lot frontage along Chouteau Ave will consist of landscaping that willconceal the parking lot from the street.


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Project Costs:

Acquisition: $1,300,000.00Pre-development Soft Cost: $5,900,000.00Construction Cost: $5,600,000.00Total: $12,800,000.00

Project Timeline:

Site Control: May, 2014Construction Start: May, 2014Construction Completion: July, 2015Occupancy: July, 2015

Relevant Experience:

Developer of Springhill Suites at Hanley Station

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Park Central Recommendation: Support of 10-Year Tax Abatement with the following conditions:

Remove proposed fence along Taylor Ave.

Replace exterior faade along Taylor, Chouteau, and Interstate 64 with brick.

Receive approval from the Forest Park Southeast Development Committee regarding landscaping plans


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Current Condition

Looking East


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Looking North


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Hotel Site Plan


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Hotel Photos and Features


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Exterior Color Scheme Options


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hilton home hotel proposal for forest park southeast neighborhood - st. louis, mo 11/2013

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