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Deer Creek Development Getting Closer

The first of four large retail spaces have been leased to national brands.

Maplewood’s Deer Creek Center may still be developed, in spite of the for the development in January.

, a private company that owns the property, requested $8.5 million. It can still happen if five of the seven city council members vote for it, but that won’t happen until Summit signs more tenants.

City manager Marty Corcoran said after last week's council meeting there are a total of 10 to 12 spaces to lease, and four of those are “decent sized,” which he said are in the range of 20,000 square feet.

One of those bigger spaces is signed for, and two will sign soon, Corcoran said. If Summit has three of the four large spaces leased, Corcoran said the city will meet with Summit to draft a redevelopment plan.

He said the companies are national companies.

“You'd recognize the name of every one of them, but there's none in this area,” he said. There's none in the central corridor of St. Louis County.”

He said the stores might be in the Chesterfield area or South County, but not within a 10 or 15-mile radius.

Though Summit asked for $8.5 million, it doesn’t mean they’ll get that much.

“The TIF amount isn't set until the redevelopment agreement is done,” Corcoran said. “They asked for $8.5 million. I can't go above that, but I can go below it.”

“They may tell us to go pound sand and we don't have a deal,” he said.

Andrew Monti Bolin May 17, 2012 at 01:50 PM
Where can I get more information on the development?
Doug Miner May 17, 2012 at 03:39 PM
Summit Development Group is in Clayton. Their number is 314-863-9991.
Mr. Completely May 17, 2012 at 06:11 PM
I think the center is fine just as it is. I taught my son to drive in the large parking lot there. Great place for a carnival. Good cut through to get to Q.T. for Powerball tickets. None of these endeavors require a TIF
Doug Miner May 17, 2012 at 06:17 PM
Very funny, Mr. C.
Heidi May 24, 2012 at 03:53 PM
I would like the development at Deer Creek to include solar and other green aspects. For example structurally integrated solar covered parking would make a statement and attract more tenants.

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