The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-07-19
TO REMODEL GRAND
AVENUE HOTEL,
Gerardi's Again Lease Hostelry,
Which Is to Be Handsome
ly Improved.
THEkTER PROJECT REVIVED.
Notice to Tenants at Southwest
Corner of Twelfth and Locust
tc Move Causes Realty
Gossip.
THEkTER PROJECT REVIVED.

According to new lease made yesterday
to the Joseph Girardi Hotel Company, the
Grand Avenue Hotel at the southwest cor
ner of Grand avenue and Olive street, will
at once undergo extensive repairs and alter
atoms and become one of the handsomest
hostelries in the city.
Louis p. Aloe. representing the owners
signed the lease for a period of five years
and set at rest the reports that the present
building would be torn down to make room
for larger house. and that the Gerardis
would relinquish the management.
The building Is entirely substantial. and
the house has been successful under the
Gerard management. Renovated and en-
larged. it is said. the Grand Avenue. with
Its several hundred rooms. will he modern.
About twenty bathrooms will be added.
and the interior appointments elaborated in
many details. Work Is to begin immediate
ly and will be finished September
TWELFTH STREET BUILDING.
The fact that tenants at the southwest
corner of Twelfth and Locust streets have
received notice to remove within thirty DAYS
has revived the report that twelve-storv
office building and theater are to be built
there in the near future.
Representatives of the Corner Realty
ASSSSSSs
ever. that no definite plans have been
formed. 1t is their intention. they state.
to tear down the old buildings IN order to
make storage room for the material to he
used for the new 100000 jefferson Hotel.
This property. fronting 100 feet on Twelfth
by 40 feet on Locust street, recently was
leased for a period of 80 years by the
Corner Realty Company. represented by the
Mercantile Trust Company. from Isaac H.
Lienberger.
Though the lessees declined to make pub
lie any definite plans 1t was stated at the
time that big office building and theater
project. promoted By Eastern capitalists.
may be carried through. Realty dealers
who are familiar with the enterprise and
asgressiveness of the Mercantile Trust
Company do not doubt that the corner i'm
medately south of the Jefferson Hotel soon
Will be made worthy OF what promises to
Louis. and the point figured on now is what
form the improvements will! take.
The fact is recognized that office room In
st. Louis is at premium. Every. office
building is filled and to obtain quarters in
one Of them is about as difficult as it is to
obtain dwelling or fiat. The need for such
buildings almost equals that which existed
in the matter of local accommoda tons until
Festus ]. Wade and his associates project
ed the Hotel jefferson and other pa<ies
made arrangements to build smaller hostel
ries. -
INDEPENDENT THEATER.
Several months ago representatives Of
Weber & Fields. James X. Hackett. David
Belasco, Minnie Maddern Fiske, Henrietta
Crossman and other interests outside the
Theatrical Trust, were figuring upon an In
dependent theater in St. Louis. 1t is said
that these interests are still open to promo
that these interests are still open TO propo-
Stion.
II is generally conceded that the location
adjoining the new jefferson Hotel could
hardly be improved upon for a theater
pendent of the theater combine. it is said
that Weber & Fields and their associates
are especially anxious to have a handsome
Fair opens. They are now practically
barred from the other first-c!ass theaters
here. Recently. It will be recalled. Web
building.
The Independent interests, Hackett, Be
lasco and the others mentioned, are now
trying to establish a circuit OF big cities,
consideration they are quoted as saying that
St. Louis would prove paying proposition
In view OF these facts. it is believed that
a permanent theater near the new Jefferson
ton closes. St Louis viii be a iarse-
city at that time. and Twelfth street will
be in the heart of the downtown section.
OLIVE STREET LEASE.
Activity in the neighborhood of Olive
street and Jefferson avenue was again n
feature of the week in realty operations
leased the property fronting 100 feet on
Olive. 80 feet east of Jefferson avenue. for
years and 5000 a year thereafter.
This property is now improved with three
old dwellings, and condition of the lease
is that new buildings. are to be erected
within five years. L is reported that rhe
lessee. Louis ]. w. Wall. will make i'm
provements in a short time. since jefferson
and Olive is rapidly advancing AZ 4 center
for brisk business
Reports of agents show that suburban real
estate is selling we'll fact illustrated hy
the mississippi Valley Trust Company.
which has disposed of the last of several
hundred lots in Midland Heights, st. Louis
County. placed on the market less than a
year ago.