Chase Park Plaza Has New Owner

1 decade 1 year 8 months ago Thursday, December 14 2006 Dec 14, 2006 Thursday, December 14, 2006 8:48:35 PM CST December 14, 2006 in News
Source: (Copyright 2007 The Associated Press All Rights Reserved.)
ST. LOUIS (AP) - The historic Chase Park Plaza in St. Louis gets a new majority owner in a deal valued at $180 million. The St. Louis Post-Dispatch reports that the Dallas-based real estate investment firm Harvard Behringer replaces former majority owner Dana Corporation, which filed for bankruptcy earlier this year. The deal includes $95  million for renovation that includes refurbishing the hotel's 250 rooms and conversion of apartments to hotel rooms, corporate apartments and luxury condos.

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