- 1 min read
- Posted on 08.31.06
There are two stories in today’s newspaper that should be read together.
The first is a report that the owners of Mid-Rivers Mall in St. Charles County, built in 1987 as a suburban mall, are planning a multi-million dollar 120,000 square foot addition to revive the tired property, including “a 70,000 square foot village with the feel of an urban shopping and dining experience.”
The second is a report that Spinnaker Real Estate Partners and Pyramid Cos. have closed on the purchase of St. Louis Centre, built in 1985 and pummeled for years by suburban malls, in order to transform the former urban shopping mall into a new mix of condominiums, shops, offices, and restaurants.
It might be less expensive — and less ironic to direct St. Peters residents with an appetite for contemporary urban living to downtown St. Louis