ST. LOUIS, Oct. 4, 2017 /PRNewswire/ -- Loews
Hotels & Co, a wholly owned subsidiary of Loews Corporation
(NYSE: L), announced today plans to build its first ever
St. Louis hotel, which will be
part of Ballpark Village's $260
million expansion project. Ballpark Village, developed
by the St. Louis Cardinals and The Cordish Companies, is a
mixed-use dining and entertainment district adjacent to Busch
Stadium. The hotel will debut as Live! by Loews –
St. Louis, MO, a partnership
between Loews Hotels & Co., The Cordish Companies and the St.
Louis Cardinals.
The Live! by Loews hotel concept was developed jointly by two of
the most prominent and respected names in hospitality and
entertainment: Loews Hotels & Co and The Cordish
Companies. Loews Hotels & Co has been a leader in the
hotel industry for more than sixty years, offering distinctive
experiences to its guests, for business, group, leisure and family
travelers. The Cordish Companies' Live! brand has set a new
national standard in dining, hospitality and entertainment
destinations, welcoming over 50 million visitors annually to its
entertainment districts.
"Expanding the Live! by Loews name in St. Louis, with partners like The Cordish
Companies, the DeWitt family and the St. Louis
Cardinals, allows Loews the opportunity to add a unique and
immersive hotel into our portfolio ," said Jonathan M. Tisch, Chairman & CEO, Loews
Hotels & Co. "Cardinals fans are some of the most loyal
and best in Major League Baseball, and we look forward to having a
hotel in the epicenter of the already successful Ballpark
Village."
The $65 million hotel will bring
an upscale hospitality experience to downtown St. Louis. Located directly across from Busch
Stadium at the intersection of Clark and 8th Streets, Live! by
Loews – St. Louis, MO will be a
celebration of the rich history of St.
Louis, a spectacular destination for sports fans, families,
and visitors, as well as a premier location for meetings and
special events. The 8-story hotel tower is part of a dynamic
plan to complete a full build-out of Clark Street, transforming it
into one of the most unique city streets in all of professional
sports.
"We are thrilled to partner with Loews Hotels & Co. on their
first St. Louis hotel," stated
Bill DeWitt III, President of the
St. Louis Cardinals. "Live! by Loews – St. Louis, MO will be an incredible anchor for
Ballpark Village and a tremendous step forward in fulfilling our
vision of creating a world-class mixed-use destination next to
Busch Stadium."
Designed by internationally-acclaimed HKS Architects Hospitality
Studio, the exterior architecture and interior design will be
influenced by local St. Louis
character, including inspiration used for Busch Stadium. Live! by
Loews – St. Louis, MO will
feature:
- 216 luxury guestrooms, including 19 suites
- 17,000 square feet of meeting and special event space that
boasts incredible views of Busch Stadium, downtown St. Louis and the Gateway Arch. Located on the
hotel's second level, these spaces include:
-
- A Grand Ballroom that flows out to an outdoor amenity deck
- An Executive Board Room
- Several break out meeting rooms
- An expansive, exclusive outdoor event terrace
- Great Room Lounge and Outdoor Terrace: A sophisticated central
gathering place that offers both indoor and outdoor guest
experiences. Located on the first level, the Great Room lounge area
and outdoor terrace will provide guests the opportunity to enjoy
premier food and beverage offerings, private dining options, and an
impressive digital AV experience that showcases sports,
entertainment and art.
- Fitness facility, lobby and porte-cochere entrance with
24-hour valet services
"Loews Hotels & Co is one of the most respected names in
hospitality," stated Blake Cordish,
Vice President of The Cordish Companies. "We are extremely excited
to welcome Loews to Ballpark Village and are thrilled to be growing
Live! by Loews to another iconic sports anchored destination."
Live! by Loews – St. Louis, MO
will become the second hotel to carry the Live! by Loews name. The
first announced location, Live! by Loews – Arlington, TX, will open in the heart of the
Arlington Entertainment District between the Texas Rangers' Globe
Life Park and the Dallas Cowboys' AT&T Stadium. Live! by Loews
– Arlington, TX will anchor the
$250 million world-class Texas Live!
dining, entertainment and hospitality destination being developed
in partnership between The Cordish Companies, the Texas Rangers and
the City of Arlington.
Over the past three years, Loews Hotels & Co has expanded
its Midwest presence, with the additions of Loews Chicago, Loews
Chicago O'Hare and Loews Minneapolis. Earlier this year Loews
announced the 800-room, Loews Kansas City Convention Center Hotel,
which will open in early 2020.
"We're excited to welcome Loews Hotels & Co to St. Louis," stated Mayor Lyda Krewson, City of
St. Louis, MO. "Whether you're taking in a Cardinals game,
here on business, or touring the city, we're confident the
hospitality at Live! by Loews will provide visitors a great stay
and be a wonderful addition to Ballpark Village."
The 550,000 square foot second phase of Ballpark Village being
developed in partnership between the St. Louis Cardinals and The
Cordish Companies will feature a 29-story luxury high-rise
apartment tower, the first Class-A office building built in
downtown St. Louis in nearly
thirty years, an upscale, full-service Live! by Loews convention
hotel, as well as additional retail and entertainment. Just as the
first phase of Ballpark Village created more than 1,000
construction jobs and 1,700 permanent new jobs when it opened, the
second phase of Ballpark Village stands to create 1,500
construction jobs and more than 1,000 permanent new jobs. Plans
call for construction to get underway by the end of this
year.
About Loews Hotels & Co.
Established 1960
Headquartered in New York City,
Loews Hotels & Co is a hospitality company rooted in deep
heritage in the hotel industry and excellence in service. The
hospitality group encompasses branded independent Loews Hotels, and
a solid mix of partner-brand hotels. Loews Hotels & Co. owns
and/or operates 24 hotels and resorts across the U.S. and
Canada, including Bisha Hotel
& Residences, Toronto's newest
luxury hotel and the Loews Sapphire Falls Resort at Universal
Orlando, the fifth hotel in partnership with Comcast NBC Universal.
Located in major city centers and resort destinations from coast to
coast, the Loews Hotels portfolio features properties grounded in
family heritage and dedicated delivering unscripted guest moments
all with a handcrafted approach. For reservations or more
information about Loews Hotels, call 1-800-23-LOEWS or
visit: www.loewshotels.com.
About The St. Louis Cardinals
The St. Louis Cardinals are one of the most storied franchises
in all of baseball. Since joining the National League in
1892, the Cardinals have won more than 9,800 games, finished in
first place 25 times winning 3 National League Eastern Division
Titles, 10 National League Central Division Titles, 19 National
League Pennants and 11 World Series Championships. There are
48 former Cardinals players, managers and executives enshrined in
the National Baseball Hall of Fame in Cooperstown, New York. #STLCards
About The Cordish Companies
The Cordish Companies' origins date back to 1910 and encompass
four generations of privately-held, family ownership. During the
past ten decades, The Cordish Companies has grown into a global
leader in Real Estate Development, Gaming & Hospitality,
Entertainment Management and International Urban Planning &
Development. One of the largest and most respected developers in
the world, The Cordish Companies has been awarded an unprecedented
seven Urban Land Institute Awards for Excellence for public-private
developments that are of unique significance to the cities in which
they are located. Prime examples are The Cordish Companies'
prominent role in the redevelopment of Baltimore's world famous Inner Harbor;
Philadelphia, PA; Atlantic City, NJ; Charleston, SC; Houston, TX; Louisville, KY; Kansas City, MO and St. Louis, MO. In addition, The Cordish
Companies has developed and operates multiple highly acclaimed
entertainment destinations throughout the
United States which welcome over 50 million visitors per
year and are the most visited destinations in their respective
regions. Over the generations, The Cordish Companies has remained
true to the family's core values of quality, entrepreneurial
spirit, long-term personal relationships and integrity. As a
testimony to the long-term vision of its family leadership, The
Cordish Companies still owns and manages virtually every business
it has created. For more information visit www.cordish.com or
follow us on Twitter (@cordishco).
"The Cordish Companies," "The Cordish Company" and "Cordish" are
trademarks used under license by independent corporations, legal
liability companies and partnerships ("Cordish Entities"). Each
Cordish Entity is a separate, single-purpose legal entity that is
solely responsible for its obligations and liabilities. No common
operations or financial interdependency, and no intermingling of
assets or liabilities of the Cordish Entities exists, or should be
deemed to exist, as a result of the potential common reference to
multiple independent entities operating under the names "Cordish,"
"The Cordish Companies" or "The Cordish Company" here or
elsewhere.
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SOURCE Loews Hotels