Developers defend incentive request for Centene headquarters expansion

The developers of Centene’s proposed expansion defended their request for public assistance Thursday, arguing the project meets the area’s long-term development goals by adding residents and retail near public transit and drawing an estimated 5,000 high-paying jobs to the region’s central corridor.

Centene’s request for incentives drew some consternation because of the large figure drawn from a state application: $147 million in combined state tax credits and local property tax abatement.

Without public help, however, the project won’t get built, at least not at the scale that Centene is now proposing, said Larry Chapman, principal of Clayco’s CRG Real Estate Solutions.

Clayton Mayor Harold Sanger said in a phone interview if the city hopes to meet Clayco’s timeline to reach an agreement, but it won’t be driven by it.

Read more: St. Louis Post-Dispatch

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