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Missouri Theatre building

The Missouri Theatre building on April 22, 1929. Visible at the far left is the St. Louis Theater, now Powell Hall.

Renovation of the Missouri Theatre building in Grand Center as a hotel and the new headquarters of Bull Moose Industries is scheduled to resume this week.

The name of the $55 million project, at 634 North Grand Boulevard, is to be made public at a ceremony Thursday, officials said Monday.

Lawrence Group and Caparo Group, the British parent of Bull Moose, share ownership of the currently empty 12-story building that once housed the St. Louis Health Department.

Bull Moose announced a year ago it will move its headquarters from Chesterfield to the Grand Center building.

Lawrence Group bought the building in 2013 and had planned to convert it into apartments until Bull Moose expressed interest in the project.

Bull Moose, founded in St. Louis in 1962, has been owned since 1989 by Caparo Group, a $1.5 billion metals and engineering company based in Britain. Swaraj Paul, an Indian-born entrepreneur who holds the aristocratic title Lord Paul of Marylebone, founded Caparo. Lawrence Group said Lord Paul plans to attend the event scheduled for Thursday.

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Tim Bryant is a reporter for the St. Louis Post-Dispatch.