KDG, KEAT, and O’Reilly Hospitality Management Announce New Hotel at Olive Crossing Development
ST. LOUIS, MO – APRIL 23, 2020 – KDG, KEAT Properties, and O’Reilly Hospitality
Management are proud to announce the first tenant at Olive Crossing. Element by
Westin and Courtyard by Marriott are joining forces for a state-of-the-art, dual-brand
hotel complex on the mixed use development in Olivette. This 106,000 SF, five-story
building will be broken into two wings – an Element wing and a Courtyard wing. Each
wing will house 80 guest rooms, separate lobbies, and patios to act as the perfect
complement to appeal to various lifestyles. The Element will have a fresh and
contemporary feel, while the Courtyard will be the classic go-to for business
travelers. To accommodate all guests at the hotel, there will be 50 spaces of surface
parking and an additional 120 spaces in the covered parking structure. The hotels will
also share a 1,200 SF fitness center, an indoor pool, meeting rooms, and multiple
food options, including grab-n-go and sit-down restaurants.
The concept of a dual-brand hotel originated from KDG’s existing relationship with
Marriott. Combining two signature brands, this partnership is the first of
its kind and will provide long-term viability for Olive Crossing’s STAY | WORK | PLAY
environment. Located in the southern section of the development, the hotel has easy
access to the highway as well as walking trails with connection to the Centennial
Greenway. O’Reilly Hospitality Management will manage the property upon
completion.
The redevelopment of a critical corner fronting Olive and I-170, a mile from the
downtown Clayton business district, Olive Crossing redefines the pathway from the
airport to St. Louis’ urban core. At “the center of everything” this dynamic, 14.8-acre
mixed use center features up to 300,000 SF of office space, up to 50,000 SF of
retail, dining, and services, and the 160-room dual-brand Marriott Courtyard and
Element hotel. Restaurant spaces offer accessible and attractive outdoor dining, high
ceilings with extended glass frontage, and ample easy parking. The development
boasts distinctive architecture and courtyard amenities with seating, water features,
greenery, and artwork showcased throughout.
About KDG
KDG is a merger of Koman Group and Keeley Development Group, one firm
dedicated to your firm’s real estate investment needs. Blending Koman’s legacy of
real estate ingenuity, Keeley’s world-class culture & resources, and our joint passion
for investment with intent – KDG accelerates growth and opportunity for our people,
our partners, and our region. As a fully integrated developer and owner, KDG has a
proven track record of more than $1 billion in real estate initiatives within more than
6.5 million square feet of commercial and residential space in the greater St. Louis
region. Our portfolio includes build-to-suit class A corporate campuses and
multitenant office spaces, infill developments, mixed-use environments, and
multifamily and student housing.
About KEAT Properties
KEAT Properties was founded on family. Driven by our mission of enhancing
communities with a collaborative spirit, our firm has experience on all sides of the
table. Our world-class team not only understands how to negotiate, but we also
know how location, costs, access, site feasibility, zoning, politics, and all facets of real
estate interplay for your success.
About O’Reilly Hospitality Management
Founded in 2007, O’Reilly Hospitality Management, LLC is a proven hospitality firm
specializing in the design, development, and staffing of hotels, restaurants, and
commercial properties for some of the country’s leading national and independent
brands across the nation. Founded on the principles of sustainability, community
involvement, philanthropic outreach, and a commitment to elevating the modern
guest experience, OHM is truly an innovative presence in the hospitality space. With
award-winning service, sustainable green practices, and a staff buoyed by working
for a caring and involved company, we do whatever it takes to make every guest
smile.