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Olivette City: Olive Crossing retail and housing updates; city outlines community events
Summary
City Manager Yackley told the council that Olive Crossing’s Lot 4 (the Clover) is 77% leased and 63% occupied; Lot 3 has started retail construction with Paris Baguette and Smoothie King, and Aldi is under construction targeting an early-2025 opening. The city also previewed events and introduced an intern.
Olivette City Manager Yackley told the City Council on July 9 that the Olive Crossing development is continuing to move forward and offered a series of community updates. "It is 77% leased," she said of Lot 4 (the Clover), and added that the property was "63 occupied," noting some residents have signed leases for future move-in dates.
Yackley said Lot 3, the retail pad, has begun construction and is slated to include Paris Baguette and Smoothie King. Work so far has included pier holes, steel placement and retaining-wall layout; she said contractors are waiting for drier conditions to continue. She added staff expects a letter of intent from a third tenant soon.
On the larger site, Yackley reported that Aldi began grading in June and is targeting an opening in early 2025. She noted the grading created a water-holding area at the site’s loading-dock excavation and said the city is fielding questions from neighbors about the temporary pond.
The city manager also reviewed events and community programs: a "Coffee with the Mayor" event at 5 Oaks featuring Christopher Parrish of Missouri American Water to discuss regional water service and lead service-line replacement work; a parks photo contest with a July 15 deadline and categories for kids and adults; and a July food drive organized by the fire department for Operation Food Search. Yackley introduced intern Tom Nauman, a rising senior at the University of Missouri, who will assist with reviews of purchasing and investment policies and other front-desk work.
Why this matters: the Olive Crossing project is bringing new retail and housing inventory to Olivette City and generating community outreach opportunities; council members asked clarifying questions about leasing versus occupancy and were briefed on anticipated next steps.
The council moved next to financial items; the manager said she will report further developments as tenant agreements and construction milestones progress.
