Project Description:

In a sale and lease back scenario, the 75 acre property was purchased from Lucent Technologies, Inc. When Lucent's lease had expired, the plan for the project included the demolishing of the over 400,000 square foot office building and adjacent warehouse. The site was then prepared for a 300,000 square foot Target/Whole Foods anchored shopping center. Approximately 30 acres of residential land is planned to be sold separately. The property is located in the West County area of the St. Louis suburbs, which is considered one of the most desirable suburban locations in the region. Land and overall property values in the West County area are among the highest in metropolitan St. Louis.

Property Website:

www.townandcountrycrossing.com

Relevant News Articles:

• 06/20/08 - Whole Foods prepares to open Town and Country store
  
• 03/21/2007 - Whole Foods to open in Town and Country