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Springfield, MO
Clothing retailer J.Crew filed for bankruptcy.
Company officials said they reached a deal to convert more than $1.6 billion worth of debt into equity.
J.Crew was purchased by private equity firms TPG Capital and Leonard Green & Partners for $3 billion in 2011.
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Taking shape on 3.5 acres just east of State Highway H/Glenstone Avenue in the area of Valley Water Mill Park are the Fulbright Heights Apartments – three 23,000-square-foot buildings with 24 units each for a total of 72 one- and two-bedroom apartments.