First amendment to redevelopment agreement for West Park Mall…
City of Cape GirardeauMissouri- Detected
- Aug 4, 2026
- 90 days ago
- Sector
- Capital Projects
- Est. value
- Free account
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THE 30-SECOND BRIEF
First amendment to redevelopment agreement for West Park Mall, allowing release of remaining incentive funds for construction and tenant build-outs.
The amendment allows the release of $5 million in existing incentive funds, not new money. This money is for construction and tenant improvements. The project has already seen $40 million in investment and has attracted 10 national tenants, 8 of which are new to Cape. Future plans include interior cosmetic upgrades, lighting, flooring, and out-parcel developments for food options. The project has created almost 500 jobs and utilized over 50 local contractors and 34 local material suppliers. The city benefits from increased sales tax revenue.
From the meeting
- Source
- LIVE City Council Meeting - August 3, 2026
- Meeting date
- August 4, 2026
- Agency
- City of Cape Girardeau
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