Warming Centers for the Metro St. Louis Area
Closings: Schools, churches, day-cares and businesses

Clayton approves tax abatements for Centene expansion plan

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

CLAYTON, MO (KPLR)-Clayton lawmakers approved tens of millions of dollars in tax breaks for the new Centene Headquarters. But some residents say the issue should go to the people on a ballot.

The Board of Aldermen's unanimous decision Tuesday night approving tax abatement for Centene. It's the first step toward their dream that By 2020, Centene can build two 30-story towers in downtown Clayton. That new office space would also make room for 2,000 new employees. It's a $772 million project.

Space they need because right now Centene is the fastest-growing health insurer. It runs Medicaid programs for different states. The deal with the City of Clayton knocks their future property taxes down by 40 percent. The company first wanted half of the value of its new buildings abated.

Clayton officials say they negotiated that down.

Board members believe this is the best decision for the community, but this unanimous vote faced outcry from the public, upset over the large tax break, congestion and construction noise. One resident has created a political action committee and is collecting signatures, saying local homeowners should vote on this issue on the ballot, and not the board.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.