Town-hall meeting set on Crestwood Court

Crestwood Mayor Jeff Schlink will host a town-hall meeting next week on the redevelopment of Crestwood Court.

The town-hall meeting will take place from 7 to 8:30 p.m. Wednesday, March 20, at the Community Center gymnasium, 9245 Whitecliff Park Lane.

Representatives of Centrum Properties will give a presentation regarding their plans for the shopping center at Watson and Sappington roads.

Centrum, the mall’s owner along with Angelo Gordon Co., proposed an open-air entertainment and retail venue last June that would include restaurants, a movie theater and a bowling concept.

As proposed, the total redevelopment cost is roughly $121 million, with economic assistance in the form of tax-increment financing, or TIF, a transportation development district, or TDD, and a community improvement district, or CID, reaching roughly $34 million, according to revised numbers presented to the city.