From Martin Van Der Werf:
Lindell Marketplace is the closest full-service shopping plaza to downtown St. Louis, but it has gone to seed over 20 years, with poor lighting, a parking lot strewn with potholes and dead landscape plants.
Now, the 150,000-square-foot center at Lindell and Sarah is about to get a long-needed face-lift. New paving, new paint, new flowers -- and, maybe soon, some new tenants.
"We want to make it an urban lifestyle center," says Marian Nunn, chief operating officer for THF Realty, which developed the center with McCormack Barron Salazar. "Based on our strategy for the center, we will renew as leases come up, or we will not."
Nunn says THF has signed some new tenants to make the center appeal more to its increasingly wealthy neighbors, but she wouldn't name names. She says THF plans to spend "several million dollars" on the center.
Meanwhile, renovation of the largest store, a Schnucks grocery, has begun. The chain announced in October 2004 that it was remodeling the store, but the work never got off the ground. "We're going to attempt to create a more updated and comfortable shopping environment," says Schnucks spokeswoman Lori Willis. "We have been doing a lot of research into what customers want at that store."
Lindell Marketplace is the closest full-service shopping plaza to downtown St. Louis, but it has gone to seed over 20 years, with poor lighting, a parking lot strewn with potholes and dead landscape plants.
Now, the 150,000-square-foot center at Lindell and Sarah is about to get a long-needed face-lift. New paving, new paint, new flowers -- and, maybe soon, some new tenants.
"We want to make it an urban lifestyle center," says Marian Nunn, chief operating officer for THF Realty, which developed the center with McCormack Barron Salazar. "Based on our strategy for the center, we will renew as leases come up, or we will not."
Nunn says THF has signed some new tenants to make the center appeal more to its increasingly wealthy neighbors, but she wouldn't name names. She says THF plans to spend "several million dollars" on the center.
Meanwhile, renovation of the largest store, a Schnucks grocery, has begun. The chain announced in October 2004 that it was remodeling the store, but the work never got off the ground. "We're going to attempt to create a more updated and comfortable shopping environment," says Schnucks spokeswoman Lori Willis. "We have been doing a lot of research into what customers want at that store."








