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The 28-story, 780-room hotel closed in 2014. The foundation plans to work with the city, Greater St. Louis Inc. and the St. Louis Development Corporation on a plan to redevelop the site.
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Last month, the Land Clearance for Redevelopment Authority Board first brought up the possibility of a blighting study and redevelopment plan, but the board voted to table that item as the draft of the study wasn’t complete.