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.
“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.”