HAZELWOOD, Mo. -- A St. Louis County outlet mall’s financial struggles could lead to higher utility bills for Hazelwood residents.
The St. Louis Post-Dispatch eports that elected leaders have agreed to ask Hazelwood voters in August to approve a 7 percent residential utility tax increase. City Manager Matt Zimmerman has said that declining sales tax revenue from the St. Louis Outlet Mall and the 2006 closing of a Ford Motor Co. assembly plant have hurt municipal finances.
The 11-year-old mall has a nearly empty food court and few busy stores other than an Old Navy outlet and Cabela’s, a hunting, fishing and outdoor supply store. Analysts say the mall has lost business to a pair of newer outlet malls in Chesterfield.