X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CLAYTON, MO-Centene Corp. has received a construction loan for the development of its $186 million headquarters set to be built here. As GlobeSt.com reported in February, city officials approved a revised plan for the project, which shrunk the building’s size by four floors and reduced the price from $215 million to the current $186 million.

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.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.