The price of the 50-acre parcel purchased by the Simon Property Group and two other partners from Chesterfield Blue Valley LLC was not disclosed.
Chesterfield Blue Valley Llc
Friday, September 28, 2012
Tuesday, May 29, 2012
In Las Vegas, developer Taubman covered huge buses in ads touting its new Chesterfield Valley outlet mall project.
The competition to build a successful outlet stores mall in Chesterfield Valley reached a new level at a trade show in Las Vegas this past week, according to Kavita Kumar, writing a business brief for stltoday.com. Taubman Prestige Outlets Chesterfield—the developer who has begun grading on 49 acres at the Boones Crossing exit from Highway 40/64—apparently covered huge buses in ads at the convention, that hyped the opening of its new outlets mall in October 2013, in Chesterfield. The International Council of Shopping Centers gathered in Las Vegas. Taubman has already joined Chesterfield Chamber of Commerce (businesses) and has signed on as a sponsor of the popular weekly summer concerts in Faust Park, in Chesterfield. Chesterfield Blue …
Thursday, April 19, 2012
Let business succeed with signs and without tax abatements.
Have Chesterfield decision-makers fallen prey to feeling a need to over-beautify a commercial development and making it harder for the businesses to succeed? I've seen this happen in West County—including instances when a city and a developer together hurt the chances that potential customers will find stores. Problem Cities want lots of landscaping. Trees and bushes are a favorite. Signs listing all the stores in a shopping center are often unwanted since they just clutter up things, say some city councils. Once developers rent the center, they are happy. Often they forget about the trees and bushes they planted to satisfy city councils. Those trees and shrubs continue to do something called grow, and block visibility. In short, that's a …
Thursday, March 1, 2012
Hike would bring the sales tax to nearly 10 percent.
Two outlet malls want to get in on Chesterfield Valley's shopping dollars, and one of them asked the city for a sales tax hike, recently. Chesterfield Blue Valley LLC (developer/property owners) applied for a Community Improvement District to encompass the proposed mall that would add an additional 1 percent sales tax on consumers—bringing it to 9.3 percent per dollar. A financial advisor for Blue Valley said projected sales at the mall would warrant creating the special tax district. The notion is that the district, and its promise of future tax dollars would provide collateral of sorts for millions of dollars in bonds or loans for developers to build the mall in the first place. The mall location is a collection of parcels totaling 190 …