The downtown Renaissance isn’t the only St. Louis hotel that’s struggling financially. The majority owner of the Chase Park Plaza disclosed today that the operator of that landmark hotel is $5 million behind on its rent.

The disclosure comes in a…

The law of unintended consequences seems to be at work in the real-estate market. Even as an $8,000 tax credit is helping to create more first-time home buyers, Reis Inc. reports that the vacancy rate for apartments is at a…

Unanimity is rare in surveys of business people, but the St. Louis Fed found it among area car dealers. The Fed’s latest Burgundy Book survey says that all the dealers it talked to expect lower sales this year.  Other retailers…

In St. Louis, we’ve got a softball field instead of the condos, offices and restaurants that civic leaders envisioned next to Busch Stadium. In Washington, D.C., fans will have to settle for a beer tent on a key development site across…

Show-Me Institute intern Matt Simpson won’t win any popularity contests in Cedar Rapids, Iowa. He’s written an article pointing out that while helping flood victims is the humanitarian thing to do, it also sets people up for bigger losses in the…

 Steven Roberts says he realizes that other residential projects have been abandoned in downtown St. Louis, but he and his brother Michael are going forward with their 25-story Roberts Tower. Roberts told the local Association for Corporate Growth this morning:

That (other developers’ decisions…