POWERplex has agreement with Hazelwood to take over failing outlet mall

The plan is to turn the struggling Mill Outlet Mall and parking lot into a massive indoor/outdoor youth sports complex

Michael Calhoun
June 20, 2019 - 2:31 am

(POWERPlex)

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HAZELWOOD (KMOX) — It looks like PowerPlex is happening in North County.
 
The plan is to turn the failed Mills Outlet Mall and parking lot into a massive indoor/outdoor youth sports complex that would host more than 180 major sports tournaments, camps and events in a wide range of sports, including baseball, softball, lacrosse, 7 on 7 football, basketball, volleyball and beach volleyball. The public-private partnership will convert the 1.5 million- square-foot mall into six major sports venues. 

Related: POWERPlex looks to make a deal with St. Louis Mills

Plans call for many of the new sports venues to open early in 2020, with substantial completion of all the major sports complexes ready by next fall.  
 
Hazelwood City Council members unanimously approved final terms Wednesday night.  City Manager Matthew Zimmerman spoke to KMOX:

Zimmerman says that, while they're offering some tax incentives, he expects the city to come out on top.
 
"It's going to be generating more money for the general fund where we provide our key services like police, fire, that kind of thing," he says, explaining the city is offering proceeds from its economic development sales tax. 

POWERPlex states, additional partners will reopen the 18 theater cineplex, 13 restaurants, several entertainment and recreational venues including three go-kart tracks, putt-putt and a ropes courses. It will also feature more than a dozen sports and family focused retail stores. 

One challenge to the redevelopment is that a T-D-D district was used to build the mall and it was still loaded with debt.
 
"There's just under $37 million out there and we had to negotiate to a number that they would accept and was also financially feasible for this project," Zimmerman says.
 
Planned are indoor and outdoor fields and courts, a waterpark, hotels, and developers would like to keep Cabela's.  Closing on the contract is August 30th.
 
The mall's current owner has ordered most tenants out.
 
Zimmerman hopes Hazelwood becomes the success story for repurposing "dinosaur" empty malls.
 
"Nothing like this has ever been built in America," he says.

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