Hotel Equities will develop and manage a four-story, 107-room Home2 Suites by Hilton hotel to be built in the Forest Park Southeast neighborhood of St. Louis. Construction is set to begin in May, with an opening next year.
It will be the first Home2 property in St. Louis, reports the St. Louis Post Dispatch. Home2 is Hilton Worldwide's focused-service extended-stay brand.
Hotel Equities' partner in the $12.8 million project—announced last November—is Above All Development, of St. Louis. The site is in the 900 block of South Taylor Avenue, just south of Interstate 64.
Home2 Suites is an extended-stay Hilton brand with about 20 hotels in North America. Features include a combined laundry-and-fitness center and an outdoor saline swimming pool. Hotel Equities said it has more than 45 properties in its portfolio.