Northwest Plaza To Be Auctioned Off This Month

northwest plaza 3.jpg
auction.com
The now vacant Macy's at Northwest Plaza.
Have you ever dreamed of owning your very own shopping mall? Well, here's your chance.

On July 25 the foreclosed Northwest Plaza shopping center in St. Ann is slated for auction. The sale includes an adjacent ten-story office building that, combined with the mall, adds up to more than 1.8 million square feet of leasable space. Currently just eight percent of the mall is occupied. The office building is 53 percent vacant.

Online auctioneer auction.com will handle the bidding, which is set to begin at 1 p.m July 25 and conclude at 2 p.m. July 27. The property is currently valued at $12 million dollars. And while you could get the mall for a steal at auction, the mall's creditors aren't willing to just give it away. Bidding starts at $1.25 million.

Originally opened in the mid-1960s, Northwest Plaza once boasted of being the biggest shopping mall in the world, with five department stores and 185 smaller stores and vendors. An open-air mall, the center was later enclosed to cater to the changing tastes of shoppers. It didn't work.

By the 1990s the mall had fallen into decline and never recovered. Last year, mall rats from Northwest Plaza's heyday founded a Facebook page to fight off a proposal to turn it into a Walmart development.
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Vox
Vox

People look back and remember a time before blacks and jews ruined St. Louis.

Elisabeth
Elisabeth

Someone stole my Dillard's credit card and went on a shopping spree in Northwest Plaza.  Luckily I didn't have to pay the bill because they couldn't spell my name correctly.   If they had Dillards, they had to be good.   Galleria is going downhill too.  

SMDrPepper
SMDrPepper

I remember going there when I was a little kid, then later on as a teenager.  Sad that it went away like that.  Loved the theatre that was in there too.  And from my last visit to St Louis, it looks like Union Station will be going that way as well.  Not to mention that other downtown mall whose name escapes me at the moment.  Gotta do something different with these places to give people a reason to go there.  Otherwise they are only carbon copies of each other.  Used to love going to the Gallariea every now and then, but they killed the unique stores that were in it like the Museum shop that was there.

ImPepper
ImPepper

St. Louis Centre is the other downtown shopping venture you're thinking of.

Mike N.
Mike N.

This story made me think of the mall I grew up with [on the east coast] that died (and has since been repurposed as a Wal-Mart, Borders (!) etc.) ...  who knew there's a website called deadmalls.com ???  Maybe some people really do have too much time on their hands.

Anonymous
Anonymous

... says the guy commenting on the Internet.

Mike N.
Mike N.

... says the guy commenting on the guy commenting on the Internet...

friedalewis
friedalewis

I just found a place called "Printapon" where I can get my fav. restaurant coupon for 90% off!! all you have to do is just print and take it.

GDM
GDM

i loved visiting NWP as a kid. it was the closest mall to my cousins in Maryland Heights. i hope something good can be done with the property. i've got a lot of good memories of that place

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