Will there be cul de sacs and a wall separating the houses from the commercial so one will have to walk a long route to Watson to access it?
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What a waste. If they want to do suburban style housing that’s fine, it is the suburbs after all and I don’t expect them to necessarily be onboard with dense urban style development, but couldn’t they at least push for homes with a very modern, interesting design, not the boring stuff McBride does?
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New documentation provided ahead of the next BOA and TIF Commission meetings. A redevelopment plan and a cost-benefit analysis. No renderings, site plans, or anything of detail. McBride portion is excluded from this.
Redevelopment Plan
Cost-Benefit Analysis
Redevelopment Plan
Cost-Benefit Analysis
$13.5M TIF and $3.5M CID to put a grocery store across the street from another grocery store.
KSDK - Dierbergs cancels TIF request, but Crestwood mall redevelopment moves forward
https://www.ksdk.com/article/news/local ... 3f90f49fa8
https://www.ksdk.com/article/news/local ... 3f90f49fa8
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^They're just going to use the old TIF. *sigh*
Well, you can't fix what's already done.
Well, you can't fix what's already done.
Some recent updates, including a proposed site plan:
https://www.cityofcrestwood.org/325/1-Crestwood-Plaza
Very blah, unfortunately, but much as expected. I'm 100% happy about a new Dierbergs coming in, but I'm sure that the McBride homes will be about as attractive as those near Grants Farm (urp).
https://www.cityofcrestwood.org/325/1-Crestwood-Plaza
Very blah, unfortunately, but much as expected. I'm 100% happy about a new Dierbergs coming in, but I'm sure that the McBride homes will be about as attractive as those near Grants Farm (urp).
jeffrk wrote: ↑Dec 03, 2021...but I'm sure that the McBride homes will be about as attractive as those near Grants Farm (urp).
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Can we make this the official GIF when we don't like a proposal, curb cut, or design?
I feel like the development could be better if...
- The parcels near the corner of Watson and Sappington became multi-family (similar to what was done in Twin Oaks at Big Bend and 141).
- The parcel down near "Entrance C" was the same as above.
- And the houses had a better design than the junk McBridge built in their new South County subdivisions or on the Hill.
https://fox2now.com/news/missouri/dierb ... mall-site/
CRESTWOOD, Mo. — Dierbergs and McBride Homes have closed on a deal to acquire the former Crestwood Mall site.
The City of Crestwood has been working with the grocery store chain and local home builder on a plan to redevelop the 47-acre site located at Watson Road and Sappington Ave.
Soon to be named “Crestwood Crossing,” the proposed development will consist of a full-service grocery store, restaurants, retail shops, single-family homes, and an open space plaza. Construction could begin as early as this fall.
Dierbergs plans to build a 70,000 square-foot grocery store along with 23,000 square feet of retail space. Meanwhile, McBride intends to build 81 single-family homes on site.
CRESTWOOD, Mo. — Dierbergs and McBride Homes have closed on a deal to acquire the former Crestwood Mall site.
The City of Crestwood has been working with the grocery store chain and local home builder on a plan to redevelop the 47-acre site located at Watson Road and Sappington Ave.
Soon to be named “Crestwood Crossing,” the proposed development will consist of a full-service grocery store, restaurants, retail shops, single-family homes, and an open space plaza. Construction could begin as early as this fall.
Dierbergs plans to build a 70,000 square-foot grocery store along with 23,000 square feet of retail space. Meanwhile, McBride intends to build 81 single-family homes on site.
Happy that something will finally get built but a Dierbergs is not going to do much to make up for the lost revenue from Crestwood Mall, so we shall see how happy Crestwood officials are.
Another way to look at this is how many years has been the mall been essenitally closed, generating squat in tax revenues? and or when the last time it generated meaningful sales tax revenues? Plus any significant investment on retail would see considerable incentives and tax dollars going back to the developer.Ebsy wrote: ↑Jan 27, 2022Happy that something will finally get built but a Dierbergs is not going to do much to make up for the lost revenue from Crestwood Mall, so we shall see how happy Crestwood officials are.
So I would assume you are trading some of sales tax dollars for property tax dollars based on land use over the long run. Will as the tax dollars be the same in the past? Doubt it but the region retail, big box and commercial is so overbuilt that it is probably wishful thinking that the city will see anything similiar for this property to what Crestwood Mall was in its heyday
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The main problem is that the majority of sales tax dollars from Dierbergs will just be the same sales tax dollars that are already being generated by the nearby Schnucks and Aldi stores. I'm hopeful that the restaurant and retail components are unique enough to draw in new revenue from the surrounding area.
^ good point,
Just not sure how the city could realistically expect same type of tax dollars generated during the malls heyday going forward. So in general, I do think the housing component does capture some stable long term tax revenue via property taxes for the city and school district. Someone with a lot more knowledge and understanding can pass on if I my logic makes sense
Just not sure how the city could realistically expect same type of tax dollars generated during the malls heyday going forward. So in general, I do think the housing component does capture some stable long term tax revenue via property taxes for the city and school district. Someone with a lot more knowledge and understanding can pass on if I my logic makes sense
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^There's really only one outlet in can think of in all of Crestwood that gets my dollars on the sort of regular: Zen, which is a little hole in the wall over by the Aldi. But more housing means more people nearby spending more money and thus generating more sales tax revenue. Given the amount of vacant commercial I think more commercial is precisely the wrong move, but . . . I got out before the mall and I'm pretty happy about that. (And there's only so long one cares to argue with one's mother about her muni.)
I bought up the sales tax issue not because I think commercial development is viable on this site (it clearly isn't) but because the gaping hole Crestwood Mall's demise left in the City of Crestwood's coffers has been the primary concern of the municipal authorities in the past development proposals.
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^I think we agree. I just don't know how you convince Crestwood that the sales tax gravy train left a long time ago and won't be coming back. Residential is clearly the way to go. And they need quite a bit more of it. The demand is there. But they'll just let it go because more density would be bad for schools somehow.
^^^ Our office used to be in that neighborhood and I loved frequenting some of the local eateries like Zen and King Edwards.
We are further out in suburbia now where there's nothing but chain restaurants, blah!
We are further out in suburbia now where there's nothing but chain restaurants, blah!
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^Kind Edwards is pretty good too, now that you mention it. Quite forgot about that. Not sure if it's still in Crestwood or not, but it very well might be. I've heard good things about Yolk Lore too. Should really try it one of these days.
Stltoday - Photos: Looking back at Crestwood Plaza, from Stix, Baer & Fuller to Exhilarama
https://www.stltoday.com/news/archives/ ... b73e5.html
https://www.stltoday.com/news/archives/ ... b73e5.html
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oh, wow... i always thought the SB&F building was quite beautiful. wish it could have been repurposed instead of wasted. i worked at Exhilarama for several years in the mid-90s. that mall was the place to be back then. got to meet Elvira one year while she was promoting her haunted house, and she autographed my VHS copy of Mistress of the Dark (still the prize of my VHS collection). lots of great memories there, despite it's role in the heat death of the region.
It is, it moved like a mile further up Watson.symphonicpoet wrote: ↑Jan 30, 2022^Kind Edwards is pretty good too, now that you mention it. Quite forgot about that. Not sure if it's still in Crestwood or not, but it very well might be. I've heard good things about Yolk Lore too. Should really try it one of these days.