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Issue: 1126 Date: 3/22/2012
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St. Louis developer offers plan to revamp Northwest Plaza
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| Supporters of all ages packed Northwest Plaza's center court on Jan 28, 2011 to show support and discuss ideas for the mall's revitalization. |
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ST. ANN - A St. Louis developer has stepped forward with a plan to tear down most of Northwest Plaza - once the largest shopping mall in the world - and replace it with offices, big-box stores and restaurants.
NWP LLC, affiliated with Raven Development, responded to St. Ann's request last month for proposals, said city administrator Matt Conley. So far, NWP's is the only proposal received to revive the property, Conley said. The deadline for responding is March 26.
The St. Ann Board of Aldermen will consider the NWP plan and any other proposals at a meeting next month.
NWP proposes tearing down all the buildings at the shopping center except for the familiar office tower and the J.C. Penney building, which NWP would renovate. The Penney's store could become offices or could be used by a trade school. Three big-box stores are in the plan, along with some restaurants, Conley said.
The estimated redevelopment costs for three phases is $106 million, Conley said. NWP officers were unavailable for comment.
Today, the mall is largely abandoned. The mall interior is closed.
"The mall days are over," Conley said.
When it opened in the 1960s, Northwest Plaza, built by the Zorensky family at 1.8 million square feet, was hailed for its architecture, landscaping and innovation. In its heydey, the mall had four anchors: Famous-Barr, Stix Baer & Fuller, Sears and JC Penney. The mall's decline began about 1999.
In 2007, a development team consisting of Zelman Development and Somera Capital of California proposed to replace a Dillard's store with a Walmart store and convert part the mall into outdoor stores. That plan failed the next year as the construction industry collapsed. The mall fell into foreclosure in 2009.
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