CLAYTON — The Clayton Board of Education has terminated its contract to purchase the Caleres company headquarters for $20.9 million after fierce backlash from the community.
“Although a significant number of attendees at last week’s public forum expressed reservations about the acquisition, we also received strong support for moving forward with the purchase via emails, phone calls, and an online petition. We have listened carefully to all perspectives, recognizing they reflect diverse viewpoints and demographics within the Clayton community,”” reads a letter sent Monday by the board.
The school board plans to update its long-range facilities plan, the letter said.
The 9.6-acre property at 8300 Maryland Avenue, which includes 275,000 square feet over three buildings, is appraised by St. Louis County at $33.5 million.
This story will be updated.