Economy Hotel - Hotel Development Site
St Louis, MO
Property Overview
Summary
- Status: Non-operational; interiors fully demolished to shell condition
- Site Type: Land-only sale (“as-is, where-is”)
- Proximity: Directly across from St. Louis Lambert International Airport (STL)
- Access: Immediate connectivity to I-70
- Potential Uses: Airport parking, select-service or extended-stay hotel, or other commercial redevelopment
This offering represents a rare opportunity to acquire a prime airport-adjacent site with unmatched visibility, infrastructure, and redevelopment potential. Formerly a 95-key, exterior-corridor hotel, the property has undergone full interior demolition and is now in shell condition, making it ideal for ground-up redevelopment or adaptive reuse.
Strategically located directly across from St. Louis Lambert International Airport and adjacent to a high-performing DoubleTree Hotel, the site benefits from strong demand drivers, including:
- Airport market RevPAR of $77, up 3% year-over-year
- Immediate proximity to I-70 for regional and interstate access
- Neighboring national brands, including DoubleTree and National Car Rental, ensuring consistent traffic and visibility
Ownership is offering the property as a land-only sale, “as-is, where-is”, and is open to all offers, including fee simple acquisition or ground lease—a structure particularly well-suited for airport parking or hotel development.
This site is well-positioned for a select-service or extended-stay hotel development, an airport parking facility, or other commercial uses that can capitalize on its exceptional location and access.
