Fox 2 Video: Northwest Plaza Demolition to Begin
More than $40 million in tax credits and TIF money is being used to revitalize the vacant eye sore, Fox 2 News reports.
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More than $40 million in tax credits and TIF money is being used to revitalize the vacant eye sore, Fox 2 News reports.
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When the project is done, the city of St. Ann and developers are looking forward to new big-box stores, restaurants and a renovated JC Penney and Macy’s.
Fox2Now.com reports that Northwest Plaza is coming down and that construction on a new development is ramping up. From the report: 80 percent of the old mall is coming down to make room for a $106 million redevelopment. $33 million of that is reportedly coming form Tax Increment Financing. When the project is done, the city of St. Ann and developers are looking forward to new big-box stores, restaurants and a renovated JC Penney and Macy’s.
8:01 pm on Wednesday, November 14, 2012
Does a renovated Macy's and JCPenney mean that they will come back to the mall? The articles on this subject are very confusing.   more ›
Mayor Mike Corcoran appeared on Fox 2 News to discuss future plans for the city's vacant mall.
Menard's may be coming to Northwest Plaza, but that might be only the beginning for St. Ann's vacant Northwest Plaza. Mayor Mike Corcoran recently appeared on Fox 2 News to discuss the mall's future. Check out the video to see what he would like to see the empty mall change into. Did you spend a lot of time at Northwest Plaza in its heyday? Be sure to tell us your favorite Northwest Plaza memories in the comments!
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Redevelopment project calls for tearing down most of Northwest Plaza and would cost $106 million.
Menard's, a popular home improvement store, would become the first tenant anchor in a planned $106 million redevelopment of the vacant Northwest Plaza shopping center if the developer and county can come to terms, the St. Louis Post-Dispatch reported. According to the report, Raven Development, the company in control of the land the shopping center sits on, told the County Tax Increment Financing Commission that the store would be the first of two major anchors. Raven wants $33 million in TIF assistance to redevelop the shopping center, which sits just a few miles northeast of Maryland Heights. Under the plan, most of Norhtwest Plaza would be torn down. From the Post-Dispatch: The old J.C. Penney’s, Macy’s and Burlington Coat Factory …
MJE
4:28 pm on Sunday, April 7, 2013
Moved here in the early 70's and fell in love with NW Plaza. There were outdoor concerts and wonderful shopping. God bless her. She holds a special place in my heart. RIP.   more ›