Save-A-Lot Starts Construction on St. Ann, Missouri, Headquarters
The new 165,000 square foot space at the Crossings at Northwest will house its current operations plus an additional 64 employees that the company plans to hire over the next three years. Crossing, where the new headquarters will be located, is part of a mixed-use redevelopment previously known as Northwest Plaza, a former shopping mall. It’s approximately 15 minutes from the company’s current headquarters.
“St. Louis has been home to Save-A-Lot for more than forty years and we are proud to continue our association with this great city,” said Kenneth McGrath, President & CEO of Save-A-Lot food stores. “Our desire to build for the future in state-of-the-art facilities with continued access to great talent on our doorstep underpins this decision. The Crossings at Northwest is the perfect fit for our new home.”
“We’re competing for jobs with companies around the world, and we’re supporting Missouri businesses right here at home,” Governor Eric Greitens said. “We’re glad that Save-A-Lot will continue to be a Missouri business, and will continue to grow and invest here in Missouri.”
According to state officials, Save-A-Lot conducted a national search to find the right location for its corporate headquarters, which currently employs 450 people. After a detailed internal analysis, discussion directly with Governor Greitens and his team along with assistance from the St. Louis Economic Development Partnership and Missouri Partnership, the company decided to remain in the St. Louis region and state of Missouri.
“We were pleased to work with Save-A-Lot in order to help ensure their corporate headquarters remained and grew in St. Louis,” said Steve Johnson, CEO of Missouri Partnership. “Save-A-Lot’s a great company and St. Louis is an ideal location for their headquarters, with extremely competitive business costs and immediate access to highly skilled talent.”
In Focus: “Golden Age” of Spec Development
The 2021 Top States for Doing Business Reflect Their Locational Advantages
Area Development’s 17th Annual Shovel Awards Recognize State and Local Economic Development Efforts — First Two Platinum Shovels Awarded
Explosive Growth of Life Sciences Sector Comes with Challenges
In Focus: Demand for Industrial Land Surges
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
The Evolution of the Megasite