Details of a new outlet mall in the Chesterfield Valley were released today. The Spirit of St. Louis Outlets would be located on 55 acres about four miles west of Chesterfield Commons on the south side of Interstate-64 near the Spirit Airport. Officials say the $85-million, 555,000-square-foot development would create more than 2,500 jobs and generate $265 million in annual sales.
Stephen Coslik, CEO of Woodmont Outlets, says the location is perfect – it’s underserved by outlet stores and there’s access to the interstate.
An audit shows that a southwestern Illinois airport that's never turned a profit since opening with great fanfare 13 years ago continues to lose money.
The Belleville News-Democrat reports that the review by J.W. Boyle & Co. found that MidAmerica St. Louis Airport had an operating loss of $11.9 million in 2010. That's 4.3 percent less than the previous year.