Completion and occupancy of the new facility by Firstar is targeted for the end of this year.
Firstar's existing 80,000-sf processing center at 1850 Osborn Ave., which now houses both commercial and consumer processing employees, will remain as a consumer loan processing center with 469 full-time employees.
The project is being developed by Jeff Pauly, Jim Larson, Kurt Koeppler, Tom Baker, Sr. and Gary Smith, five developers who came together to form City Center Associates, LLC. Firstar will be one of the project's major tenants.
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