- New STL Mayor on To-Do List, Political Foes and Getting ‘Remarried’ to the CountyPosted 3 hours ago
- CRG Developing First Phase of Bausch + Lomb Warehouse Expansion in Greenville, Partners with Gramercy Property TrustPosted 5 hours ago
- Clark-Fox Policy Institute LaunchesPosted 7 hours ago
- Multi-Million Dollar Centene Expansion Underway in ClaytonPosted 9 hours ago
- BMC Enterprises, Inc. Announces Three Aggregate Transactions in MissouriPosted 12 hours ago
- McGrath & Associates Promotes Dan Gold to Pharmaceutical Business ManagerPosted 13 hours ago
- Missouri Contractors Stand United Against Repeal of Prevailing WagePosted 13 hours ago
- New Renderings of Hotel at Municipal Courts BuildingPosted 13 hours ago
- Spec Construction Rising, Vacancies Falling in St. Louis Industrial MarketPosted 14 hours ago
- Two AT&T Sky Bridges to be Demolished in Downtown St. LouisPosted 14 hours ago
Centene to Break Ground on Clayton Campus Expansion
From St. Louis Post-Dispatch: Centene Corp. will break ground Friday on its $770 million expansion in downtown Clayton, which has faced opposition from nearby residents.
The campus expansion in the St. Louis suburb will make way for office space and parking to accommodate 2,000 more workers.
The project is one of the largest office developments seen in the region in decades.
The development also drew heated criticism for seeking financial help for the project via subsidies from the city of Clayton.
In the end, the city approved a tax break on the property that’s worth $75.6 million.
Centene CEO and Chairman Michael Neidorff is expected to address employees and city officials during a groundbreaking ceremony Friday afternoon near the corner of Hanley Road and Carondelet Avenue.
The first phase of the development includes a 28-story office building that is expected to be complete by 2020.
A later phase calls for a 34-story office tower with space for a hotel, retail and parking.