Clayton school board backs out of Caleres deal
Monday was the deadline for the school district to terminate the contract with the global footwear company.
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Monday was the deadline for the school district to terminate the contract with the global footwear company.
The district’s plans for the multi-million-dollar headquarters could include selling all or part of the property to a developer.
Developer Michael Staenberg said he was negotiating with Caleres to purchase its former headquarters when the Clayton School District's deal was announced.
School district leaders say they won’t back off plans to buy the multi-million dollar property despite interest from retail developers.
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