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St. Louis Wins Economic Development Competition for 1,900-Job National Service Center for Magellan Health Services

In January, Governor Bob Holden, St. Louis County Executive Buzz Westfall, Maryland Heights Mayor Michael O’Brien, the Missouri Department of Economic Development, and the RCGA joined Magellan Health Services President and Chief Executive Officer Daniel Messina, Magellan Executive Vice President of Operations and Information Technology Greg Bayer, and other Magellan officials in announcing the retention of 1,400 existing full-time jobs and the addition of 500 new full-time jobs to the St. Louis region.

Magellan, the nation’s leader in managed behavioral health care, and a Fortune 1000 company, is locating its national service center into a 238,000-square-foot new facility at TRISTAR Business Communities’ Riverport Commons development in Maryland Heights. The company also plans to open a 24,000-square-foot technical data center for national and local claims operations at Riverport, representing an additional $47 million in new physical investment in the metro area.

The aggregate economic impact of this 1,900-job national service center will be over $190 million per year to the bi-state region, according to an economic impact analysis by RCGA Chief Economist Bryan Bezold.

The RCGA, the State, St. Louis County and Maryland Heights had worked on the Magellan project for more than a year. Thursday’s announcement that St. Louis won out over Maryland and Utah in landing the Magellan National Service Center is another vivid example of the value of our region working together on a united basis in economic development.

Like the 5,000-job announcement by CitiMortgage earlier in January, the St. Louis region once again retained a solid existing business partner and is helping that company grow here.



Above: On hand to announce Magellan Health Services’ decision to expand in the St. Louis region, are (left to right): Dick Fleming, president and CEO of the RCGA; Maryland Heights Mayor Michael O’Brien; Missouri Governor Bob Holden; Daniel Messina, president and CEO of Magellan Health Services; Greg Bayer, executive vice president, operations and information technology for Magellan; and St. Louis County Executive George “Buzz” Westfall.
 

 

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