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PostJul 24, 2018#26

Sold for $13M. That's almost three Batmobiles!

Stltoday - Sold: Chesterfield Mall sold to Georgia firm, focus shifts to redevelopment

https://www.stltoday.com/business/local ... 9518d.html

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PostJul 24, 2018#27

You can sense the new owners greasing the wheels for their incentive request in that article. Giving an incentive to anything related to that property would be a joke - one of the most sought-after commercial development areas in the market that you just obtained for a freakishly low price does not need additional relief to make it work. If they do, they were the wrong group to buy it.

Kudos if they proceed without the incentives

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PostFeb 13, 2020#28

A radio report this morning said they want to turn it into a mixed-use urban downtown.

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PostFeb 13, 2020#29

quincunx wrote:
Feb 13, 2020
A radio report this morning said they want to turn it into a mixed-use urban downtown.
That makes a lot of sense.  I think it could work.  Its a lot of land to fill though.  It could take decades.

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PostFeb 13, 2020#30

STLEnginerd wrote:
Feb 13, 2020
quincunx wrote:
Feb 13, 2020
A radio report this morning said they want to turn it into a mixed-use urban downtown.
That makes a lot of sense.  I think it could work.  Its a lot of land to fill though.  It could take decades.
I work in a building next to the mall,  the place is just sad. 

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PostFeb 13, 2020#31

^Turning a mall site into a "mixed use downtown" has worked so very well in Crestwood.

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PostFeb 13, 2020#32

well it hasn't not worked...

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PostFeb 13, 2020#33

...give it some time...

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PostFeb 14, 2020#34

STLEnginerd wrote:
Feb 13, 2020
quincunx wrote:
Feb 13, 2020
A radio report this morning said they want to turn it into a mixed-use urban downtown.
That makes a lot of sense.  I think it could work.  Its a lot of land to fill though.  It could take decades.
There's a lot of money out there. Boomers in 3000+sq ft houses and 1 acre lots that don't need all that any more.

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PostFeb 14, 2020#35

The next SoDoSoPa

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PostFeb 14, 2020#36

The next SoDoSoPa
Lol, props for the South Park reference.  https://youtu.be/eoUtoqeEw8U

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PostFeb 17, 2020#37

KSDK - 'This is the start of Downtown Chesterfield' | New owners complete purchase of Chesterfield Mall

https://www.ksdk.com/article/news/local ... 940d24c880

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PostFeb 17, 2020#38

Sachs Properties, the original developer of Chesterfield village, has been proposing various forms of "Downtown Chesterfield" since at least the 1970s. Early on they had envisioned something like another Clayton, with numerous high-rise buildings. Here are a couple of more modest proposals from 2007:




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PostFeb 17, 2020#39

framer wrote:
Feb 17, 2020
Sachs Properties, the original developer of Chesterfield village, has been proposing various forms of "Downtown Chesterfield" since at least the 1970s. Early on they had envisioned something like another Clayton, with numerous high-rise buildings. Here are a couple of more modest proposals from 2007:



20 years ago I was at a lunch and the main speaker was high up in one of the big broker firms here in town (now retired) 

At that time he said that "Downtown Chesterfield" would be built out by 2025 and rival Clayton as "the address" for business in St. Louis - I think they have two or three spec office buildings and residential apartment complex there now with another going up. 

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PostFeb 18, 2020#40

^ Just one office building (in the lower left corner of the first image) and the library are all that ever came of that original proposal. Though there are some other Sachs office buildings around that came well before the original downtown Chesterfield idea.

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PostFeb 18, 2020#41

Stltoday - Chesterfield Mall sold; new owner plans a development called Downtown Chesterfield

https://www.stltoday.com/business/local ... 43fd9.html

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PostFeb 18, 2020#42

"Also that spring, it’s aiming to open a 3,000-seat indoor concert venue called the Music Factory with a parking garage."

“It’s similar to The Pageant, but the West County version,”

😄

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PostFeb 18, 2020#43

Everyone has to have their own ting. Never mind if we get spread too thin and ruin everything.

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PostFeb 18, 2020#44

quincunx wrote:
Feb 18, 2020
Stltoday - Chesterfield Mall sold; new owner plans a development called Downtown Chesterfield

https://www.stltoday.com/business/local ... 43fd9.html
Hmmm... 100 million wont buy a whole lot of "downtown" 

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PostFeb 18, 2020#45

I am happy to see a renewed ambition to create an urban center and provide a sense of place in Chesterfield.  It feels hypocritical to mock Chesterfield for a lack of urbanity, then mock it for trying to create an urban core.  This is exactly what we have all been saying they are missing and they should be doing.  Kudos.

That said, this will take years and probably a few decades, and in that time i can't imagine much of anything over 10 stories being built.  I think Clayton and Downtown are safely going to be the market leaders in their category for a while.

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PostFeb 18, 2020#46

STLEnginerd wrote:
Feb 18, 2020
I am happy to see a renewed ambition to create an urban center and provide a sense of place in Chesterfield.  It feels hypocritical to mock Chesterfield for a lack of urbanity, then mock it for trying to create an urban core.  This is exactly what we have all been saying they are missing and they should be doing.  Kudos.

That said, this will take years and probably a few decades, and in that time i can't imagine much of anything over 10 stories being built.  I think Clayton and Downtown are safely going to be the market leaders in their category for a while.
This. The pettiness on my news feed yesterday really underscored some of what's wrong with this region. We should celebrate density and urbanism wherever it sprouts, and hold developers & municipalities accountable for fulfilling their promises. A vibrant Chesterfield is good for the city just as a vibrant city is good for Chesterfield.  

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PostFeb 18, 2020#47

FirSTLove11 wrote:
Feb 18, 2020
This. The pettiness on my news feed yesterday really underscored some of what's wrong with this region. We should celebrate density and urbanism wherever it sprouts, and hold developers & municipalities accountable for fulfilling their promises. A vibrant Chesterfield is good for the city just as a vibrant city is good for Chesterfield.  
I do applaud density however this will do absolutely nothing to reduce the amount of car dependency and wasteful building and living. This is another example of every part of the region wanting their own piece of the pie. Exactly as quincunx was saying, in order to have truly great spaces and amenities in this region, we have to concentrate customers (for lack of a better word) in just a couple areas. The only reason The Plaza in KC is able to support some of the stores it does is because it's a regional destination. Unfortunately some of those stores have closed in the past ten years as places like Legends have grown. The exact same story goes for every mid-sized European city. Athens, Amsterdam, Copenhagen, Helsinki, etc. can support crazy nice shopping streets because they're the only "malls" in the entire region. And I'm not just talking about malls, this applies to restaurants, museums, concert venues, zoos, etc. 

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PostFeb 18, 2020#48

STLEnginerd wrote:
Feb 18, 2020
I am happy to see a renewed ambition to create an urban center and provide a sense of place in Chesterfield.  It feels hypocritical to mock Chesterfield for a lack of urbanity, then mock it for trying to create an urban core.  This is exactly what we have all been saying they are missing and they should be doing.  Kudos.

That said, this will take years and probably a few decades, and in that time i can't imagine much of anything over 10 stories being built.  I think Clayton and Downtown are safely going to be the market leaders in their category for a while.
Don't get me wrong, I think DT Chesterfield is a good idea, and actually good for the metro.
One of St. Louis metro's historic development patterns (and strengths) is that its a city of neighborhoods that have their own centers of activity, unusual in American cities that have a hyper concentration of activity downtown with a handful of neighborhood centers. 
It makes us an active city, though downtown does not reflect the vibrancy of the poly-centric neighborhoods. DT Chesterfield can add to this legacy if, of course, they do it right.

100 million just seems pretty light, I assume that they mean a "phase I" with future build out to be determined. 

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PostFeb 18, 2020#49

I think some of the backlash is that a lot of people in Chesterfield - including their elected officials - do not believe that a vibrant city is good for Chesterfield. They believe the city should be lopped off and shipped down the Mississippi so that Chesterfield can take it's rightful place atop the region.

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PostFeb 18, 2020#50

I work in Chesterfield and have to work with city officials on occasion and they  believe their own you know what
doesn't stink. 

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