Old Crestwood Mall hits the auction block Monday

CRESTWOOD, MO (KTVI) – The old Crestwood Court shopping mall will hit the online auction block.  The now-defunct mall closed for good in 2013.

The vacant mall sits on Watson Road, not far from Interstate 44.  The starting bid for the property is $1 million.  The online auctions starts at noon Central time Monday and runs until April 23.

The auction website details the old mall as 47 acres with more than 1 million square feet of space.

The site is being marketed by commercial real estate firm CBRE.

The website says converting the center from its former indoor environment to a more modern, open-air mixed use concept is the most promising potential for the site.

The winner of the auction should be known by the end of the week.

2 comments

  • Mary Smith

    Has anyone considered a mixed use project. With all the “baby-boomers” entering the stage of their lives where they are down-sizing, why not an affordable senior living center at one end and medical offices, shops and/or resturants at the other and leave the middle open for a park with a gazebo for small concerts by local artists? There is plenty of room for car shows, flea markets and Farmer’s Markets in the warmer weather. We really don’t need another mall.

  • Tim

    Mary Smith, many ideas have come forward, some similar. Doesn’t matter, the city of Crestwood refuses to let anything go forward. The alderman would rather let it rot there than be redeveloped. Crestwood is famous for turning down businesses because they ‘aren’t good enough’ for the city… Like Walmart and Ted Drewes.

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