The former Crestwood Plaza mall has a new developer: Dierbergs Markets and McBride Homes.
St. Louis-based grocery store chain Dierbergs and St. Louis-based residential homebuilder McBride Homes said Tuesday that they now have the site under contract, following months of negotiations with the Chicago-based owner, Urbanstreet Group. The city of Crestwood joined in the announcement.
The 47- acre property is located off Watson Road, just east of Sappington Road. For decades it housed an outdoor mall, then an indoor one, named Crestwood Plaza and then Crestwood Court. But the mall’s last stores closed in 2013. The site at the center of the city has been vacant ever since.