Armstrong Teasdale intends to move to Clayton, developer says
Written on September 11, 2008
Armstrong Teasdale LLP has signed a letter of intent to move the law firm from downtown into the planned $200 million Centene Plaza in Clayton.
Robert Wislow, chairman and CEO of U.S. Equities of Chicago, one of the developers, told the Clayton Plan Commission and Architectural Review Board that Armstrong Teasdale expects to occupy "multiple floors" at the top of the 21-story tower.
That building, planned for the corner of Forsyth Boulevard and Hanley Road, would be built first and is expected to be completed in 2010, under the developers’ timetable.
Clayton Center LLC, made up of U.S. Equities, Centene Corp. and Clayco, already has an agreement with the city to redevelop the site. The developer plans two office towers, shops, restaurants and a parking garage. It hopes next month to begin demolition of the old Library Ltd. building, where the 21-story tower would be. The high-rise is planned for the southwest corner of Hanley Road and Forsyth Boulevard. It also would house Centene’s headquarters.
The city’s Planning Commission and Architectural Review Board voted Monday to recommend in favor of the necessary rezoning and approved some planning for the first phase and architectural details of the 21-story tower paydayloans. The rezoning will go to the Board of Aldermen on Sept. 23.
Armstrong Teasdale has worked as Centene’s lawyer on the project over the last several years and has been mainly responsible for preparing its financing package. The firm currently is headquartered at One Metropolitan Square, 211 North Broadway.
Officials from the law firm and Clayton had no immediate comment.
On Tuesday another firm, Thompson Coburn LLP, said it would stay downtown instead of moving to Clayton after receiving $700,000 in tax abatements and incentives from the city.
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