Tuesday, September 18, 2012
He's worried that two outlet malls may be one too many.
Chesterfield Mayor Bruce Geiger recently told KDSK he is worried about the competing efforts to construct two new outlet malls in the area. The two developments, Taubman Prestige Outlets and St. Louis Premium Outlets, are planned to open next fall and would be only about five miles apart. Together, they would add more than 600,000 square feet of retail space. Geiger said he is glad to see the interest in opening new businesses but added that it might be more than the region's consumers are capable of supporting. The report was also picked up by the St. Louis Business Journal and contrasts statements from the two companies, which have both said they expect their respective commercial ventures to do well. The mayor's statement is just the…
Monday, July 30, 2012
Taubman says it has all the legal documents; "walls up" by October this year. The other developer works on its plans.
One of two developers keen on capturing outlet store shopping dollars in Chesterfield Valley said it now has all the government and agency documents in hand to erect a shopping center at Boones Crossing exit and Highway 40. Chief Operating Officer Bill Taubman of Taubman Prestige Outlets Chesterfield announced he would close on the purchase of property from Chesterfield's Monarch Levee District Wednesday to build an outlets center. The price of the former farm land was not immediately clear, but purchase may have been contingent on the yearlong approval process from federal, state and local agencies. The first step would be to install drainage and utilities on the undeveloped property, Taubman said. "Building walls will start going up in …
Wednesday, July 11, 2012
St. Louis Premium Outlets hosts a ceremony Wednesday, 9am, at the site.
A second proposed outlets mall breaks ground today, Wednesday, in a ceremony at the 60-acre site in Chesterfield Valley, just off I-64 before the Boone Bridge over the Missouri River. St. Louis Premium Outlets is intended to be part of a much larger complex of offices, hotel, restaurants and entertainment, according to developers. Chesterfield Blue Valley LLC owns the collection of land parcels, and partnered with Simon Property Group and Woodmont Outlets for the project. The project is yet to have all the okays necessary to build, but the process is ongoing apparently. City planners okayed a temporary sign for the outlets on Monday. The other outlets mall proposed for Chesterfield Valley is Taubman Prestige Outlets. It broke ground on …
Wednesday, May 30, 2012
Is it competition for two Chesterfield outlets already competing?
Nordstrom rack promises to open September 6 in Manchester, at Highway 141. Granted, it's not Chesterfield, but darn close. So what does that mean for proposed outlet malls battling it out for primacy in Chesterfield Valley along Highway 40/64? Anything? Seems like competition. Has that been taken into account by developers spending $175 million and $275 million on two 50-acre outlet malls in Chesterfield? The Chesterfield Valley outlets say they'll open in late fall 2013—more than a year from now. They all say they are shopping for tenants. Now I'm sure there are studies and legalities about outlets, malls, and discount stores that I haven't yet looked into. And Chesterfield city staff and council members might tell you I don't have any …
Frank Johnson
4:03 pm on Tuesday, September 18, 2012
There's nothing that Swedish furniture can't solve, right? more ›