Former site of Crestwood Mall to go up for auction next month

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by KMOV.com staff

KMOV.com

Posted on March 25, 2014 at 8:47 AM

Updated Tuesday, Mar 25 at 5:59 PM

(KMOV) – The former site of the iconic Crestwood Mall will be going up for auction next month with a minimum bid of $1 million.

The St. Louis Post Dispatch reports that a Chicago-based firm bought the property in 2008 for $17.5 million.

The dispatch reports that the property owners failed to secure tax incentives last year and dropped redevelopment plans.

The online auction will run April 21-23.   

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