Court Case Explains St. Louis Developer’s Ouster From Chase Park Plaza

The St. Louis developer most credited with saving and restoring the iconic Chase Park Plaza was ousted after using nearly $435,000 in hotel money to pay personal income taxes, according to documents made public in a court case. A $180 million renovation deal included Smith as a 5 percent owner of the Chase complex, which has 350 hotel rooms, 51 corporate apartments, meeting rooms, restaurants, bars and a movie theater, plus 86 condos in the 29-story tower.

Read more from the St. Louis Post-Dispatch

Leave a Reply