Vanguard paid $117 million for the property, according to the report. Centene still owns about 50 acres of undeveloped land on the site.
St. Louis-based Centene announced the project in 2020 but canceled it in August 2022, citing the shift to hybrid and remote work.
Centene paid $19 million to acquire the property, according to the report. The campus was the largest economic development in the city’s history when it was announced. Centene at the time had formally committed to investing $1 billion and hiring 3,200 employees.
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.
