St. Charles County received great news recently as three major new businesses announced plans to locate and bring more jobs to the area. Two of the companies will be in St. Peters and one in O’Fallon.
- In St. Peters, Amazon will build its first Missouri fulfillment center at the Premier 370 Business Park. The 855,080-square-foot building initially will bring 1,500 new full-time jobs to our area. The facility is expected to be completed in fall of 2019.
- Grove Collaborative will build a new fulfillment center in the Business Park as well. The company, a high-growth natural home-focused platform delivering products directly to consumers, will construct a 137,000-square-foot facility and create 210 new jobs in the region over the coming years.
- In O’Fallon, Cenlar FSB, a mortgage servicing firm, is taking over the mortgage servicing operations of Citigroup at Progress Point Business Park at I-64 and Highway K. The company is leasing space and moving into the Citigroup building. This is Cenlar’s first Missouri office and it is expected they will have about 500 employees – many of whom will be former Citigroup workers.
The City of St. Peters submitted two applications to the St. Charles County Road Board for funding signals and road improvements. The first, for the Amazon project is for $1.1 million and asks the County for 50 percent of the needs. The second, is for funding for the entire Premier 370 Business Park area and asks for 80 percent, or $2.1 million of the $2.6 million need. The project includes seven traffic signals and work, including road widening, on Premier Parkway, and Truman and Spencer roads. The applications were reviewed by the Road Board and a recommendation was made to the St. Charles County Council that the funding be approved. The Council will vote on the issue at its April 9 meeting.
Funding comes from a voter-approved transportation sales tax that makes economic development projects such as these possible. These tax dollars allow critical infrastructure improvements to be made within tight timelines of new development.
This is great news for St. Charles County and for the region!