Joe Edwards Sells Moonrise Hotel in Delmar Loop
Entrepreneur Joe Edwards has sold the Moonrise Hotel, a Delmar Loop landmark, as he works to downsize his business portfolio.
Updated on Nov. 5, 2026 in Openings & Closings
Joe Edwards has sold the Moonrise Hotel in the Delmar Loop in St. Louis. The property will remain a hotel, and no major changes are expected.
Why it matters
The sale is part of Edwards' effort to downsize his portfolio after selling several of his businesses in recent years. For St. Louis readers, it signals continuity for a well-known Delmar Loop attraction.
The Moonrise Hotel's rotating moon atop the building weighs 3,000 pounds. No sale price or revenue figures for the transaction were disclosed, leaving the deal's financial scale unknown.
The players
Joe Edwards
Joe Edwards is a St. Louis entrepreneur who has opened attractions around the Delmar Loop for decades and is known for Blueberry Hill.
The details
Edwards found two local people who shared his vision for the property and sold it to them. Some upgrades are planned, but no big changes are expected at the hotel.
Timeline
Article reporting the sale was published November 4, 2026.
Market Landscape
The Moonrise sale continues a series of recent sales by Joe Edwards, who has been reducing his portfolio of Delmar Loop businesses. Blueberry Hill remains outside the sale, indicating he is keeping his most prominent Loop holding.
For visitors to the Delmar Loop, the hotel is expected to operate as usual, with only planned upgrades ahead. Those planning a stay can expect the property's core character, including its rotating moon, to remain in place.
The takeaway
Long-standing Delmar Loop landmarks can change hands while keeping their identity, so visitors can expect familiar features to remain. Keep an eye on announced upgrades if you plan a stay.
Further reading
For more local business moves, browse Openings & Closings coverage across St. Louis.
