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Historic Commercial Developments LLC is in the early stages of planning and currently is talking with potential anchor tenants.
Historic Commercial Developments LLC is in the early stages of planning and currently is talking with potential anchor tenants.

New owner has mixed-use plans for Missouri Hotel

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Historic Commercial Developments LLC is in the early stages of planning a commercial and residential project at the recently purchased campus of The Kitchen Inc.

Matt M. Miller, who leads the development company along with other undisclosed investors, said the group currently is talking with potential anchor tenants — which he declined to name — and laying out the specifics for The Kitchen’s seven buildings, including the shuttered Missouri Hotel homeless shelter, on 3.5 acres along Commercial Street.

“There’s so many different angles and moving parts on this thing. Our primary focus right now is getting down probably two to three different working scenarios,” he said, declining to estimate a timeline or investment for the project. “It’s going to be a fairly significant amount of time before the development begins.”

Miller recently got back into real estate after leading Drury University’s athletics and O’Reilly Family Event Center. He’s worked the past three years as director of sales for Collegiate Awards, according to his LinkedIn page.

“I worked in commercial real estate, ironically, with both of the other Matt Millers for a number of years,” he said, referring to Matt E. Miller of Miller Commerce LLC and Matthew Miller of The Vecino Group.

Matt M. Miller said Historic Commercial Developments agreed to lease back four of the seven buildings to The Kitchen until the nonprofit’s $4 million campus planned for Glenstone Avenue and Chestnut Expressway is complete.

“They needed some time to continue their operations on the Commercial Street campus,” he said.

Miller said Historic Commercial Developments hired Brian Kubik of Buxton Kubik Dodd Creative as the project architect, but a rendering isn’t yet ready. The price tag of the C-Street development, Miller said, ultimately would depend on whether it’s approved for tax credits and whether the project is tackled all at once or in pieces.

The 106,000-square-foot campus had been listed by Murney, Associates Realtors real estate agent Bart Collins for $1.3 million.

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