Crestwood, Missouri as the preferred re-developer of the mall. It is expected that the bulk of the mall will be torn down (although the current office tower could remain) and its site remade as a mixed-use development with offices and some retail. The developer was expected to work with Sears, the only remaining anchor at the time, to keep its store on the site, but not necessarily at the same location. In light of the closing of the Sears store, it is unclear how this will affect the redevelopment effort. The city of St. Ann holds a purchase option on Northwest Plaza that was set to expire on December 31, 2010. There have been a number of people in the area who are calling for the redevelopment of the site, rather than having a very large empty building. Demolition of the mall is anticipated, as efforts to revive the mall have failed. The new plans call for a completely new complex. The only part of the mall expected to remain is the office tower. It is expected this new complex will contain both office buildings as well as condos. As reported by the St. Louis Post-Dispatch on July 6, 2011, the distressed Northwest Plaza, with no internal stores which has an 8% overall occupancy, with the office tower less than 50%, was put up for auction online by current owner, a division of Wells Fargo for $1.25 million in an attempt to spark interest in the property. The property failed to meet expectations though, as the bidding fell short of the minimum price. Crossings at Northwest Northwest Plaza was purchased by NWP LLC from St Ann Shopping Center LLC for $10 million in 2012. An approval of $33 million in TIF allows for redevelopment of the center. The redevelopment plan calls for tearing down much of the massive 1.8 million square feet, renovating the office tower, and building big box stores, offices, restaurants, and possibly a technical college. The expected demolition and completion of the project is expected between fall 2013 and spring 2014. Demolition of the old Northwest Plaza is complete and a new mixed use commercial development is under construction. The project is named The Crossings At Northwest. Menard's, a chain of home improvement stores in the Midwest, has been announced as the first large retail tenant. The conceptual site plan calls for an additional 89,600 SF second