More Shops, Restaurants to Surround Chesterfield Outlet Mall

When St. Louis Premium Outlets finally opens in August, it won’t be the end for major commercial development in the Chesterfield Valley.

That’s because St. Louis Premium Outlets has long been just one part of a larger development, Chesterfield Blue Valley. The land is owned by developer Dean Wolfe, who sold 50 acres to Simon Property Group for the outlet mall and held on to the remaining 100 acres that surrounds it.

City records indicate that Wolfe starting combining plots in the area just south of the Daniel Boone Bridge in 2008, but he is now beginning to move forward on plans to develop it, according to KSDK.

The TV news station talked with Wolfe, who said he intends to sell the remaining land around the outlet mall to companies interesting in building an array of business, including more retail shops, convenience stores, restaurants, entertainment venues, even hotels and office space.

Wolfe added that he doesn’t believe this grand vision for a commercial mecca is over-developing, instead saying that it will be “unique and different.”  

These plans haven’t materialized into formal action yet as Chesterfield Planning Director Aimee Nassif said the city has not receive any applications for future development at this time.

According to the St. Louis Business Journals, the outlet mall is a $100 million project while Chesterfield Blue Valley will cost even more at around $250 million.

Of course, the biggest competition for the St. Louis Premium Outlets may not be the business at its doorstep, but its rival outlet mall on the other side of the Valley. Taubman Prestige Outlets is a slightly larger development and both outlet malls are currently set to open in August. 

About the Outlets:

St. Louis Premium Outlets is set to open Aug. 22. The $100 million, 350,000-square-foot complex will include 85 stores located on the south side of Highway 40 just east of the Daniel Boone Bridge. It is being developed by Indianapolis-based Simon Property Group and Forth Worth, Texas-based Woodmont Outlets.

Taubman Prestige Outlets is set to open Aug. 2. The $150 million, 450,000-square-foot project will include more than 100 stores on North Outer 40 east of Boone’s Crossing. It is being developed by Bloomfield Hills, Mich.-based Taubman Centers and Warren, N.J.-based OutletPartners LLC.