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MissouriRetail

Dierbergs purchases 7-acre site at Market at Olive retail project in University City

December 18, 2024
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Photo courtesy of Clayco.

The development team behind the Market at Olive retail project, spanning both sides of Olive Boulevard between I-170 and McKnight/Woodson Roads in University City, Missouri, announced that Dierbergs has purchased a 7-acre site within the Costco-anchored development. 

The team, comprising Bob Clark (Clayco), Larry Chapman (Seneca Commercial Real Estate), Caroline Saunders (general counsel for the project) and David Hutkin (Hutkin Properties Group, LLC), revealed that Dierbergs plans to build a 75,000-square-foot store.

In addition to Costco, Target and Dierbergs, the 47-acre retail project includes notable brands such as Chick-fil-A, First Watch, Chipotle, Chase Bank, Panera, AT&T, Raising Cane’s, Jersey Mike’s, 7 Brew, and Sport Clips.  Additional retailers and restaurants will be announced in 2025, building on the Market at Olive’s role as a central gathering place for the community.

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