POWERplex in Hazelwood
After two years of planning including meetings with top St. Louis City and County officials and business leaders, the St. Louis region will become the home to the Midwest’s premier sports “resort” —as they are calling it. Big Sports Properties are revitalizing the former St. Louis Outlet Mall (originally Mills Mall) into a $63 million campus called POWERplex, a 160-plus acre youth sports tourism destination located right here in Hazelwood!
The Hazelwood City Council has approved the final terms and settlement agreement between the property’s former owners and Big Sports Properties. “You have to applaud the resilience and dedication of all involved,” said Mayor Matt Robinson. “Our city officials, Big Sports Properties, the banks, the bondholders, the county and Explore St. Louis, the corporate supporters — everyone involved in this vision has overcome a lot of hurdles in order to get us to the finish line.”
Dan Buck, managing partner of Big Sports Properties, said all the contracts and financial agreements for the first phase of this project should be in place by Aug. 31. The “re-construction” of the mall itself will begin in September, he noted, with about 80 percent of
the storefronts inside the mall converted to the sports facility, amenities, restaurants, training areas and more.
“It’s been a long journey with many barriers that have been overcome,” said Buck at the press conference last week. “Thanks to incredible public and community support, corporate sponsorships and numerous visionary future partners, this remarkable campus is finally going to happen.”
http://www.flovalleynews.com/powerplex-in-hazelwood