Jamestown Mall Will Be Taken Over By St. Louis County Port Authority

Jamestown Mall As It Appeared In 2016

The 1.2M SF Jamestown Mall, which opened in 1973 in Florissant with considerable fanfare and closed with barely a whimper in 2014, fully passed into the possession of the St. Louis County Port Authority, which had previously acquired most of it.

The port authority inked a deal this week with the owner of the last piece of the property, The Carlyle Group, the St. Louis Post-Dispatch reports.

The Port Authority had been trying to acquire the remaining piece by eminent domain, but now that a purchase has been arranged, it will withdraw the lawsuit. The Carlyle Group is receiving $1.7M for the final piece, which used to be a Dillard's department store.

The property not only is closed, it has a number of issues, according to the Port Authority’s condemnation lawsuit. The suit claimed that there was a lack of adequate lighting and there were sinkholes, asbestos and lead paint and damage from rodents and birds, among other problems.

At one time, Jamestown Mall had four anchor department stores. Besides Dillard's, there was Sears, J.C. Penney and Macy's. The last of them, Macy's, bit the dust in 2014.

The Port Authority plans to hold an open house to discuss ideas for the site. Eventually, either it or the St. Louis Economic Development Partnership will issue a request for redevelopment proposals. Previous redevelopment schemes, most dating back to the 2000s, never came to fruition.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's St. Louis Newsletters
Related Stories

Lone Star Seeks 58% Uplift In Under 3 Years With £175M UK Mall Sale

Furniture Outlet The Dump Is Getting Dumped In Atlanta

Simon Approaching End Of The Road With Struggling Suburban Boston Mall

Chipotle Adding Hundreds Of New Locations Worldwide

Stockdale Capital Partners, Hamilton Lane Acquire Chino Hills Shopping Center For $157M

Bucks County Mall Closing As Owners Prepare Redevelopment Plans

Starbucks Spending $1B To Turn Cafés Into Community Lounges

Thor Equities Reacquires Retail Portion Of Palmer House After Losing It To Foreclosure In 2023

Lululemon Cuts U.S. Expansion Plans, New CEO Takes Helm At Athleisure Staple

Private REIT Closes $650M Refinancing Of 549-Property Daycare Portfolio

Buc-ee's Convenience Store Star Fades As Visits Slip

Retailers Charging Ahead With EV Stations Despite Policy Pullback