October 11th, 2011Two Outlet Mall Projects Compete for Chesterfield Location
by Kavita Kumar
Chesterfield, MO – The race to build a new outlet mall in the St. Louis region is officially on.
It’s a competition sweeping across the country as developers try to capitalize on the rising popularity of outlet malls among economy-battered consumers.
The showdown here is taking place in Chesterfield, where two projects for mid- to high-end outlet malls have been proposed less than five miles from one another.
On Thursday, more light was shed on one of those proposed projects. Standing before an artistic rendering of the Spirit of St. Louis Outlets, the backers of that plan said they envisioned an $85 million project that will entail 555,000 square feet of retail space on the south side of Highway 40 (Interstate 64), just east of the Daniel Boone Bridge.