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Suburban St. Louis Mall Once Valued at $419 Million Now Lined Up for Redevelopment

Staenberg Group to Transform Chesterfield Mall Into Mixed-Use Destination

Chesterfield Mall's valued tumbled over the last decade after becoming one of the most successful shopping centers in the St. Louis area. It is now being lined up for redevelopment. (CoStar)
Chesterfield Mall's valued tumbled over the last decade after becoming one of the most successful shopping centers in the St. Louis area. It is now being lined up for redevelopment. (CoStar)

The Staenberg Group has completed its purchase of suburban St. Louis' Chesterfield Mall, a 1.3 million-square-foot shopping mall once valued at $419 million, with plans to carry out an expansive redevelopment of the struggling center into a mixed-use project.

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