Economy / Taxes

Another Round of Incentives for Centene

By Matt Simpson on Jul 22, 2008

Clayton, apparently, isn’t following my advice. According to the Post-Dispatch, the municipality is currently looking at an incentive plan for Centene Plaza. Yes, that Centene. Something tells me that tax incentives would be completely unnecessary in a town growing as quickly as Clayton. Robert Wislow, chairman and CEO of U.S. Equities of Chicago, the developer of Centene Plaza, confirms my suspicions:

Asked about the private financing, Wislow said, “We don’t think that we will have a problem with a project as well pre-leased and well-located as this.”

So, why are the tax incentives necessary again?

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Matt Simpson

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