Real Estate Development - Clayco - Express Scripts

Express Scripts

Project Description

Express Scripts, Inc., located on the University of Missouri-St. Louis (UMSL) Research Park, consists of two, high performance, LEED Certified office buildings that serve as Express Scripts corporate headquarters under a collaborative agreement with UMSL. In cooperation with the University through a long term land lease, a Clayco/McEagle joint venture developed the site and completed the first 315,000-square-foot, three story building in August, 2007.

Most recently, this same joint venture completed a second building for Express Scripts, a 197,000-square-foot, four story building and shared parking structure. In what can best be described truly as a public-private partnership, Clayco worked collaboratively with the University, four municipalities, St. Louis County and the State of Missouri to create and sponsor a financial structure that incorporated local and state incentives with other private financing sources to successfully bring about this project. As a result, Express Scripts has fostered a productive and positive relationship with the University of Missouri-St. Louis in the research, development and technology fields.

• Headquarters Facility

• 512,000 square feet

• 26 Acres