Thompson Coburn will remain downtown in the US Bank Building. It had been a "closely watched" tenant in the eyes of city leaders.
Mayor Francis Slay wrote today on his blog that law firm was "one of several closely watched tenants" in the central business district -- the US Bank Building is sandwiched between Washington Avenue and Locust Street on 7th Street.
According to Slay, "Thompson Coburn generates more than $1.2 million in taxes for City services. The City and other taxing districts, including the Board of Education, will continue to receive 100 percent of the real property tax revenues now paid by the U.S. Bank building. Without a major tenant, those revenue streams would be in jeopardy."
The St. Louis Business Journal reported that the law firm "was in talks with the developers of Brown Shoe Co.'s planned headquarters Clayton."
Support Local Journalism.
Join the Riverfront Times Press Club
Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state. Our readers helped us continue this coverage in 2020, and we are so grateful for the support.
Help us keep this coverage going in 2021. Whether it's a one-time acknowledgement of this article or an ongoing membership pledge, your support goes to local-based reporting from our small but mighty team.
Join the Riverfront Times Club for as little as $5 a month.