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ST. LOUIS-EVA Properties LP is planning to construct a new shopping center in Festus. The shopping center known as Stonecrest Place will be developed in the southwest corner of Interstate 55 at Shapiro and Highway A.

According to Realty Exchange, which is handling the listing, the new site comprises more than 348,000 square feet of space available for office, restaurant or retail development. The city of Festus approved the plan and has agreed to fund for the initial infrastructure work. For the full story, go to St. Louis Business Journal.

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