- Associated Press - Wednesday, September 24, 2014

DAVENPORT, Iowa (AP) - Construction is expected to start in a few months on two historic downtown Davenport buildings as part of a $60 million project, a St. Louis developer said.

The City Square project announced last year includes the Parker and Putnam buildings and has been in a pre-development phase, including design, branding and financing, the Quad-City Times reported (https://bit.ly/1B8fLEK ). The project will likely be completed by the end of 2015.

Restoration St. Louis plans to develop a 61-suite hotel, office space and retail development in three buildings along Second street.

The Parker building, built in 1922, will house four floors of office space, about 20 luxury residential units and retail on the ground floor.

“Now we’re at the point where we want to work with potential tenants. We are close to being able to announce who those are for the Parker Office Building,” said Sam Estep, senior vice president of development of Restoration St. Louis.

Plans for the Putnam building include a hotel bistro, a sky bar on its roof and 18 luxury residential units. It will house the Blackhawk Suites, which will be an expansion of the nearby Hotel Blackhawk.

The third structure that will be transformed through the City Square project is the Center building, which will house nine hotel suites as well as retail.

Restoration St. Louis’ other Davenport projects include the Hotel Blackhawk and the Forrest Block redevelopment.


Information from: Quad-City Times, https://www.qctimes.com

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