Chesterfield Mall

Chesterfield Mall
Location Chesterfield, Missouri, United States
Opening date 1976
Management Hull Property Group
Owner Hull Property Group
No. of stores and services about 150
No. of anchor tenants 1
Total retail floor area 1,293,445 square feet (120,165.0 m2)[1]
No. of floors 2
Parking 5,976 free spaces
Website chesterfield-mall.com

Chesterfield Mall is a shopping center in Chesterfield, Missouri, at the intersection of Interstate 64/U.S. Routes 40-61 and Clarkson Road (Route 340).[2] The mall opened in 1976,[3] built by Richard Jacobs.[4][5] Chesterfield Mall includes about 35 shops, one anchor store (Macy's), restaurants, and an AMC Megaplex theater.

The mall was bought by Hull Property Group in 2018,[6] after a (reverse) progression of ownership by CBL & Associates Properties (from 2007), the Westfield Group (from 2002),[7] and Richard E. Jacobs Group initially.[8] The mall was placed in receivership in the third quarter of 2016, pending foreclosure, with management transferred to Madison Marquette while a new owner was sought.[9] The foreclosure finalized in June 2017, making C-III Capital Partners the temporary owner.[10] The mall's anchor stores, though attached to the mall, are owned separately.[11]

Borders closed in 2011 and was replaced with V∙Stock.[12] Anchor store Dillard's closed in September 2016 due to flooding following a water main break; the store was expected to reopen in 2017, but announced it would not in mid-2018.[13][9][11] On May 31, 2018, it was announced Sears would be closing as part of a plan to close 72 stores nationwide; the store closed in 2018.[14][15]

References

  1. ↑ "Chesterfield Mall Fact Sheet". Retrieved 14 June 2016.
  2. ↑ "Chesterfield / Highway 40 Region Profile" (PDF). www.co.st-louis.mo.us. St. Louis County Government. 2000. Retrieved February 7, 2010.
  3. ↑ "Chesterfield Mall Fact Sheet". cblproperties.com. CBL & Associates Properties. Retrieved February 5, 2010.
  4. ↑ Craig, Bob (December 2003). "A tale of two cities" (PDF). downtownchesterfield.net. Midwest Real Estate News. Retrieved February 5, 2010.
  5. ↑ Jarrett, Linda F. (November 2007). "Chesterfield Village". stlcommercemagazine.com. St. Louis Commerce Magazine. Retrieved February 5, 2010.
  6. ↑ Kukuljan, Steph (July 18, 2018). "Georgia firm confirms Chesterfield Mall buy, but hints it wants public subsidies". St. Louis Business Journal. Retrieved July 20, 2018.
  7. ↑ "Westfield Group announces transactions with CBL & Associates and Simon Property Group". westfield.com. Westfield Group. August 10, 2007. Retrieved February 7, 2010.
  8. ↑ "Westfield completes Chesterfield Mall buy". stlouis.bizjournals.com. St. Louis Business Journal. April 30, 2002. Retrieved February 7, 2010.
  9. 1 2 Brown, Lisa (October 31, 2016). "Chesterfield Mall foreclosure expected to finalize soon; flooded Dillard's won't reopen until 2017". St. Louis Post-Dispatch. Retrieved March 27, 2017.
  10. ↑ Brown, Lisa (July 17, 2017). "Chesterfield Mall facing another change in owners and uncertain future". St. Louis Post-Dispatch. Retrieved July 23, 2017.
  11. 1 2 Feldt, Brian (July 18, 2018). "Sold: Chesterfield Mall sold to Georgia firm, focus shifts to redevelopment". St. Louis Post-Dispatch. Retrieved July 20, 2018.
  12. ↑ Kumar, Kavita (December 21, 2011). "More Borders locations find new tenants". St. Louis Post Dispatch. Retrieved July 21, 2018.
  13. ↑ Naffziger, Chris (2018-02-28). "The ups and downs of Chesterfield Mall". Retrieved 2018-10-14.
  14. ↑ Millitzer, Joe (May 31, 2018). "Sears closing two St. Louis area stores". KTVI. CNN Wires. Retrieved June 3, 2018.
  15. ↑ "Shopping & Dining". Chesterfield Mall. Retrieved 2018-10-14.

Coordinates: 38°39′14″N 90°33′54″W / 38.654°N 90.565°W / 38.654; -90.565

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