Monday, July 2, 2012
The St. Louis Post Dispatch updated the plans for the Deer Creek Center.
The St. Louis Post Dispatch reported Sunday on the Maplewood City Council passing the Deer Creek redevelopment plan. Patch reported on the decision on June 26. The Post Dispatch article reported that in contrast to Deer Creek Center, other parts of Maplewood are doing well, commercially. "Deer Creek's troubles have contrasted sharply with other parts of Maplewood, such as the business district around Manchester Road and Sutton Boulevard, and Maplewood Commons, along Hanley Road. The Commons includes a Walmart, Sam's Wholesale Club and Lowe's along with numerous retail tenants. The redevelopment taking place in Maplewood is trickling south and elsewhere in town, Traxler said. That includes two projects under construction — a Mini-Cooper …
Tuesday, June 26, 2012
Retailers will move in in the fall, with a grand opening in March 2013.
Maplewood city council tonight finally approved the Deer Creek Center redevelopment. The council, minus Mayor Jim White and council member Tim Dunn, voted to approved the Deer Creek Center Tax Increment Refinancing (TIF) Plan and to establish the Deer Creek Center Community Improvement District. Council member Karen Wood said the city wanted to make sure enough retail places that had signed a commitment before any money was spent to go through the process, and they were assured that had happened. Two retailers have been made public, Ross Dress for Less and Joanne Fabric have signed leases. Summit Development Group president Scott Reese, after the meeting, said several other national retailers of soft goods will be announced in the next 30 …
Thursday, May 17, 2012
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 TIF commission voting against using public funding for the development in January. Summit Development Group, 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 …
Friday, April 13, 2012
Council members will wait to come to an agreement on the plan before final approval.
An ordinance to approve a Tax Increment Financing redevelopment plan for Maplewood's Deer Creek Center was introduced to Maplewood City Council at Tuesday night's meeting. The $27 million plan, which includes a request for an $8.5 million TIF from the city, was proposed last December by Summit Development Group, who owns the property. The money would pay for new landscaping, updated signs and improved parking lots and sidewalks at the nearly vacant strip mall, which has been designated as a blighted area. By law an ordinance for approval must be introduced to city council and put on the agenda within 90 days after a public hearing is held on a project like this, but council members tabled it at the meeting and won't be making a decision …
38.6054
-90.331969
Deer Creek Park
3200 Laclede Station Rd, Maplewood, MO
/articles/ordinance-to-approve-deer-creek-center-tif-plan-is-back-on-council-agenda
1449322
/locations/6791456
Friday, January 27, 2012
Members of the commission said the requested funding was not in the best interest of St. Louis County as a whole.
An $8.5 million request in public funding to help pay for Deer Creek Center's redevelopment was rejected by a 12-member commission Wednesday night. The commission was created to advise Maplewood City Council on whether it should provide public funding to Summit Development Group, a private company that also owns the property. Representatives from the City of Maplewood, the Maplewood Richmond Heights Board of Education and St. Louis County are among those on the commission. The commission voted 7-5 against the use of public dollars. The only commission members to support the funding were appointed by the city council and MRH school board. At issue is whether the project is worth the cost of public funding—this time in the form of tax-…
38.612883
-90.325941
Maplewood City Hall
7601 Manchester Rd, Maplewood, MO
/articles/maplewood-tif-commission-votes-no-to-deer-creek-project
1427459
/locations/6263335
Friday, January 20, 2012
Three county representatives and City Manager Marty Corcoran disagree about how beneficial a redeveloped Deer Creek Center could be to the city and region.
A $27 million plan to redevelop Deer Creek Center faced an obstacle on Wednesday evening when three members of a commission charged with overseeing the proposal shared their concerns. The commission was created to advise Maplewood City Council on whether it should provide public funding to Summit Development Group, a private company that also owns the property. Representatives from the City of Maplewood, the Maplewood Richmond Heights Board of Education and St. Louis County are among those on the commission. While a redeveloped Deer Creek Center likely would generate more sales tax revenue for Maplewood, three county representatives fear those sales would come at a cost to nearby cities. That's because the total amount of sales tax …
Wednesday, December 14, 2011
JoAnn Fabrics, Party City, Ross Dress Barn, Sears Outlet and TJ Maxx are reportedly under consideration as potential tenants if the center is redeveloped.
The company that owns Deer Creek Center is asking for $8.5 million in public funding to pay for the redevelopment of the mostly-vacant strip mall in Maplewood. That would help pay for a proposed $27 million redevelopment that includes new landscaping, updated signs and improved parking lots and sidewalks, said Larry Marks, a representative of Summit Development Group, which owns the property. He made the remarks during the inaugural meeting last Thursday of a commission created to advise Maplewood City Council on whether it should provide public funding to the private development company. (Get real-time updates on business and other news on our Facebook page.) In its proposal, Summit calls for $7.5 million in tax-increment financing (TIF…
Stephanie Shepard
11:01 am on Wednesday, June 27, 2012
This is really exciting!! Great news for Maplewood. more ›