Case Study
St. Louis Armory Hotel Feasibility, Fiscal Impact & Incentives Analysis
St. Louis Armory Hotel Feasibility, Fiscal Impact & Incentives Analysis St. Louis, Missouri HSP was hired by a private developer to perform a multi-phased mixed-use hotel market study, including feasibility and demand analysis for The Armory District Project in St. Louis. The Project proposed to redevelop the historic Armory Building into an Autograph-style hotel and to create a mixed-use district in the area. The client wanted to enhance the Cortex Business District as a destination for visitors, residents and businesses by creating a mixed-use district that included a new hotel to both attract and accommodate group, leisure and business demand. In the first phase of the study, HSP was tasked with determining the initial high-level feasibility of the Project. HSP assessed t