Locally-based Clayco has teamed with Chicago-based U.S. Equities and St. Louis-based Koman Group to develop the project. The 20-story mixed-use development at the corner of Forsyth Boulevard and Hanley Road will expand the current Centene HQ and add retail and office space, as well as a parking garage to the site. Law firm Armstrong Teasdale will also be located in the building.
According to a report in the St. Louis Business Journal a US Bank-led consortium granted Centene the loan, paving the way for the first new office building Clayton will see rising in almost ten years.
Construction began in October with the leveling of the Library Ltd. building. The entire project is expected to be complete by July 2010.
To read the article in the St. Louis Business Journal click here.
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