ST. LOUIS COUNTY, Mo. (KMOX) – Two major anchors are in place for the first phase of Northwest Plaza’s second life.
As KMOX News previously reported, Wisconsin-based home improvement chain Menards has been confirmed as one of them.
But $33 million in Tax Increment Financing (TIF) could be approved without anyone knowing for sure which business will occupy that second anchor slot.
TIF commission chair William Anderson says that’s not even counting the other two phases of development being planned.
“At a subsequent time there could be a meeting of the TIF commission to consider an additional development,” Anderson told KMOX News.
He says the old JC Penney and Famous Barr stores at the now-closed mall will be retained for future use.
A Menards is also planned for Richmond Heights.
There are plenty of rumors, but no hard facts, about who the second major anchor might be.
And no identities at all of other possible stores or restaurants.
A public hearing on the proposed tax incentives is set for June 13th.