In the summer of 1993, flood waters from the Missouri and Mississippi Rivers broke levee after levee in the St. Louis region, covering large swathes of land, destroying property, disrupting lives and creating hazardous conditions.
Two outlet malls are racing to build in what some say is one of the most valuable retail areas in America -- the Chesterfield Valley. If both are built, the companies would compete with each other, the Chesterfield Commons strip mall and the nearby Chesterfield Mall, risking financial failure.
Sydney Miller examines what it is about the Chesterfield region that makes it so attractive.
The Chesterfield Valley could see two new outlet malls by next fall. Taubman Prestige Outlets began construction today, just two weeks after St. Louis Premium Outlets broke ground on its project less than a mile away. Prestige Outlet Malls broke ground across highway 40 from the Chesterfield Commons and construction on St. Louis Premium Outlets is occurring near the Daniel Boone Bridge.
Chesterfield will join Kansas City, Atlanta, Chicago, Seattle and several other cities when an American Girl "experiential retail store" opens in the St. Louis suburb in spring 2012.
The official announcement came from American Girl Tuesday.
Visitors to the 10,850-square-foot store at the Chesterfield Mall will be able to purchase American Girl's line of dolls and books, take their dolls in for a haircut at a "doll hair salon," make doll-sized t-shirts and eat in an in-store "bistro," a release from the company said.
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.