Metro St. Louis Preps for Largest Shopping Center in Years
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The Shoppes at Mid Rivers, courtesy of GBT Realty Corp.
St. Louis—There’s something big coming to suburban St. Louis, and GBT Realty Corp. is behind it. The commercial development company just completed the acquisition of a 28-acre site in St. Peters, Mo., paving the way for construction of the 270,000-square-foot The Shoppes at Mid Rivers, the largest retail development to sprout up in the St. Louis MSA since 2008.
The Shoppes, which will reportedly cost approximately $54 million to complete, is already receiving a warm welcome. The city of St. Peters provided GBT with a bundle of incentives valued at as much as $10 million, and a series of national retailers have staked a claim to space at the three-anchor power center in advance of the start of construction. Businesses on the tenant roster will include Academy Sports + Outdoor Burlington, Ross Dress for Less, Marshalls, Home Goods, Ulta Beauty, and the list goes on, leaving just 30,000 square feet and four outparcels to be snapped up…
