Photo posted by Bob Clark on LinkedIn shows progress on the East Coast Centene HQ. I actually didn't know they started on that project.
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imagine the impact that would have in STL. what a f*cking douche.
Will Centene continue to hold the lot at Carondelet and Forsyth or will they dump it? Obviously, if they decide not to develop then I would hope they would sell but I imagine they will hold in either case.
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They've made four significant acquisitions in the last year or so: Wellcare, Apixio, PantherX, and Magellan; the last of which is still going through the regulatory review bit. Even with the recent layoffs they're growing by leaps and bounds. I expect they really do have some digesting to do, though. I wouldn't expect them to do anything with it until all the newly purchased pieces are properly integrated, but I bet the only way they dump the parcel is if they really do move out of town. They've got enough growing to fill both the Charlotte project and more space here.
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Don’t forget the massive West Coast HQ going up in Sacramento for 5k employees.
I can't imagine with Clayco/Bob Clark involved that they would let go of this property anytime soon... Between Centene and Clayco they have the resources to sit on it. Or as Symphonicpoet put it. Only reason that seems logically for them to let go of it is if they left the region all together.pdm_ad wrote: ↑Feb 19, 2021Will Centene continue to hold the lot at Carondelet and Forsyth or will they dump it? Obviously, if they decide not to develop then I would hope they would sell but I imagine they will hold in either case.
Even if they do move the HQ at some point, St. Louis will always be a huge employment base.
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There is over 10k sq feet for retail in those garages.SRQ2STL wrote: ↑Jan 24, 2021I think the bigger question is..how many of these storefronts will actually ever see commerce happening within? That stretch of Forsyth is not accomodating at all for a lively retail/restaurant district. This whole Centene project was poorly thought-out. It's the biggest disappointment of the decade.jshank83 wrote: ↑Jan 20, 2021I drove by Centene for the first time in awhile. How many of those store fronts on the new garages are actually storefronts? I can't tell if some are fake or not.
But it's still a HQ lost.framer wrote: ↑Feb 20, 2021Even if they do move the HQ at some point, St. Louis will always be a huge employment base.
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Well, Nierdorf can't be happy with the shenanigans going on in Jeff City rn. Those hillbillies are pushing the states largest corporation out the door.
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Speaking of big Clayton corporations, not that this is news to anyone; I spoke to a Centene employee (reliable source) who told me his/her dept. is only hiring/recruiting new people in Charlotte and not to hire/recruit in STL at this time. This is not a good sign. It is a major dept/part of the company.
Hearing worse than that. A lot worse.DogtownBnR wrote: ↑Apr 19, 2021Speaking of big Clayton corporations, not that this is news to anyone; I spoke to a Centene employee (reliable source) who told me his/her dept. is only hiring/recruiting new people in Charlotte and not to hire/recruit in STL at this time. This is not a good sign. It is a major dept/part of the company.
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Let’s just say you’ll never see Centene on any “best places to work” lists....
^^ Can you blame them? They’re gone. I have no doubt they’ll blame it on crime, even though that’s a bullsh*t excuse. In reality the Missouri Legislature just took a massive sh*t on their business model, despite the constitutional amendment passed by voters. Why wouldn’t you leave?
The person I talked to said their exit from St. Louis will be "record setting" in it's speed and completeness. They can't wait to get to Charlotte fast enough.sc4mayor wrote: ↑Apr 22, 2021^^ Can you blame them? They’re gone. I have no doubt they’ll blame it on crime, even though that’s a bullsh*t excuse. In reality the Missouri Legislature just took a massive sh*t on their business model, despite the constitutional amendment passed by voters. Why wouldn’t you leave?
After all Clayton and St. Louis County did for you...
Don’t let the door hit you in the ass on the way out, Centene.
Caleres can move into the Centene buildings.
Don’t let the door hit you in the ass on the way out, Centene.
Caleres can move into the Centene buildings.
Let’s start the demolition procedures on those hideous and useless parking garages along Forsyth...
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Does anybody have a feel as to how deep the cuts in STL will be? Will they keep a large presence or will it be equivalent to a branch office? Why in
H-LL would they invest so heavily in Clayton, only to bail just a few short years later?? Makes absolutely no business sense. We all know crime is an excuse. Seems like Kroenke 2.0.
H-LL would they invest so heavily in Clayton, only to bail just a few short years later?? Makes absolutely no business sense. We all know crime is an excuse. Seems like Kroenke 2.0.
Because incentives removed almost all development risk and Clayton real estate will still be sought after.
This is the incentive game.
Faster STL breaks from corporate HQ economics, the better.
This is the incentive game.
Faster STL breaks from corporate HQ economics, the better.
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I'm more concerned that their going to take most of their ops with them.
Why is this not being discussed more among state and local leaders?
Why is this not being discussed more among state and local leaders?