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Chesterfield Mall sold; new owner plans a development called Downtown Chesterfield

The long-struggling and largely vacant Chesterfield Mall is set to be replaced by a new development that aims to mimic a walkable urban area. The Staenberg Group, a St. Louis-based real estate firm that is also is redeveloping an outlet mall in the west St. Louis County suburb, has finalized its purchase of the mall […]

Chesterfield Mall sold; new owner plans a development called Downtown Chesterfield

June 13, 2025

The long-struggling and largely vacant Chesterfield Mall is set to be replaced by a new development that aims to mimic a walkable urban area.

The Staenberg Group, a St. Louis-based real estate firm that is also is redeveloping an outlet mall in the west St. Louis County suburb, has finalized its purchase of the mall and is moving forward with what it’s calling Downtown Chesterfield, the company said Monday.

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