New Owner Engages St. Louis Kiku Obata & Company to Design Master Plan and Customers can Expect Positive Changes at the Open-Air Shopping Center
Lake St. Louis, MO—November 5, 2014—Cohen Equities, a New York City-based real estate firm, has acquired The Meadows at Lake Saint Louis, the region’s most distinctive shopping destination. This 344,201 SF open-air landmark is located only 35 minutes from downtown St. Louis and is anchored by major national retailers, such as Nike Factory Store, Old Navy, Bed Bath & Beyond and Von Maur.
Originally constructed in 2008, the center is located in the fastest growing western suburb of St. Louis, MO, serving St. Charles County and the affluent communities of Lake St. Louis, O’Fallon and Wentzville. The prime location which is easily accessible from both I-64 and US 40, makes the marketplace a sought after destination for National retailers, eateries and non-stop entertainment.“No other shopping destination in the region caters to this market and offers a variety of name brand national retailers,” said Meir Cohen, president and founder, Cohen Equities. “Nearly 93,000 residents live within five miles of the center and many more frequently travel along the I-64 and US-40 traffic corridors, making it the perfect location for a retail and entertainment destination.”
By engaging Kiku Obata & Company, a St. Louis based research and design practice specializing in strategic thinking and cross-disciplinary design solutions, Cohen Equities hopes to develop a master plan for improving the property, and create an exciting new vision for The Meadows. The initial steps of the project will include print, web, and event programming emphasizing community and social events and activities.
“There is so much potential for new dining and creative opportunities in Lake Saint Louis,” said Kiku Obata, president, “and we are excited to be helping Cohen Equities reinvent The Meadows as a unique, inviting, and energizing destination for families and the community to gather, shop, and socialize.”
The charming open-air marketplace is home to a variety of retail shops, boutiques, and restaurants. Additional national retail tenants include Lenscrafters, Victoria Secret, Ann Taylor Loft, New Balance, Jos. A. Bank, Gymboree, Chico’s, Sunglass Hut, Bachrach, Soma, Sebastion’s, Aveda Salon, Bath & Body Works and Children’s Place.
Cohen Equities is dedicated to community outreach, and plan on cultivating a vibrant retail experience to serve the surrounding area. By continuing events like the annual ”Farmers & Artists Market,” the summer music and movies series, and adding an outdoor ice skating rink to the center’s holiday programming and special events, The Meadows at Lake Saint Louis is destined to become the epicenter of the community.
About Cohen Equities
Cohen Equities is a diversified real estate investment, management and development company, specializing in making value-add and opportunistic investments in both shopping centers and walkable urban retail in NYC and across the country. Since January 2012, Cohen Equities has aggressively expanded its portfolio to now include more than 26 properties in 14 states across the United States totaling 2 million square feet. Based in New York City and lead by Meir Cohen, Cohen Equities is quickly becoming an industry leader in bottom-up and value-oriented retail real estate by focusing on off-market opportunities. For more information visit https://cohenequities.com.