Anchor Stores Going Strong, But Interior of Former Charlestowne Mall Closes Dec. 1
Plans for a revitalized retail center at the former Charlestowne Mall are continuing to develop, and officials say the anchor stores around the mall are flourishing this holiday season, but the interior of the mall itself will close as of Friday, Dec. 1.
The Krausz Companies, Inc., owners of Charlestowne Mall, announced this week that it is closing the interior shops and enclosed mall space at the center on Dec. 1, 2017.
Mall anchors Von Maur, Carson’s, and Classic Cinemas will remain open. Entrance to these businesses will be accessed directly from the outside doors only. Access roads and parking lots will remain open, as usual.
Cooper’s Hawk, Starbucks and the newly opened Verizon store are not affected by the enclosed mall closure.
The concept plan presented to the St. Charles City Council May 8, 2017, included keeping portions of the mall building, but significantly reducing its size.
Chuck May, project manager for the Krausz Companies, said an enclosed mall is no longer viable at this location.
Krausz Companies, Inc. continues to work on the residential/retail/commercial redevelopment of the site with co-developers and the city of St. Charles.
The former two-level enclosed Charlestowne Mall is being redeveloped into a viable regional shopping destination with a full line up of new retailers, restaurants and entertainment venues.
According to the city of St. Charles website, Krausz Companies is planning to reinvent the site as The Quad St. Charles. With new outlot buildings completed along Main Street, the owners are in the planning stages for the redevelopment of the remainder of the property.
SOURCE: Krausz Companies news release