Tuesday, June 27, 2017

Principal of Hudson Holdings said, “We love the building and want to restore it to the historic value it has.”

To read the entire article use this link. Here are two excerpts:

Florida-based real estate group Hudson Holdings has closed on its purchase [January 2017] of the Railway Exchange Building, one of the largest office buildings in the region that takes up an entire city block at 615 Olive St., in downtown St. Louis.

and. . .

Hudson Holdings Principal Steve Michael said the firm paid just more than $20 million for the building and plans to rehab it into a mixed-use development that would cost at least $250 million.
     “We’re still looking for the best use for the downtown area,” he said.

and Mr. Michael’s continues. . .

“We love the building and want to restore it to the historic value it has.”

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