Thompson Coburn renews lease for downtown St. Louis headquarters
October 19, 2017
Thompson Coburn Chairman Tom Minogue, Mayor Lyda Krewson and Larry Otto, St. Louis Market President for US Bank, take in the view from Thompson Coburn’s 35th floor conference center.
From left: Otis Williams, Director, St. Louis Development Corporation; Missy Kelley, President & CEO, Downtown STL, Inc.; Tom Minogue; Mayor Krewson; Larry Otto; St. Louis Alderman Jack Coatar; Trish Miller, publisher, St. Louis Business Journal.
Mayor Krewson signs as a witness to Thompson Coburn’s announcement to renew its lease at One US Bank Plaza, flanked by Larry Otto (left) and Tom Minogue.
Thompson Coburn, a 380-attorney firm with offices across the country, has renewed its commitment to downtown St. Louis. Firm management this week announced it has signed a new lease into 2026 for its headquarters at One US Bank Plaza.
“We’re very proud that our decision a decade ago to stay in downtown has driven significant redevelopment all around our building,” said Thompson Coburn Chairman Tom Minogue. “Today more than ever, it’s important to us and to our attorneys and staff to renew that commitment to the revitalization of our downtown. This is the best place for our business to thrive and prosper.”
The Firm is the largest tenant in the building at 505 N. Seventh Street, along with Firm client U.S. Bank, and leases approximately 200,000 square feet across 10 floors.
Thompson Coburn leaders worked closely on the lease renewal with U.S. Bank leadership, including St. Louis Market President Larry Otto and Zack Boyers, Chairman and CEO of USBancorp Community Development Corp.
“We thank Larry and Zack for their efforts in helping us accomplish our renewal and appreciate their commitment to downtown,” said Minogue. “With this decision, we’re pleased to keep over 500 jobs in the heart of the City of St. Louis.”
Thompson Coburn’s decision in 2007 to remain downtown led to a significant revitalization of the eastern stretch of Washington Avenue around the Firm’s headquarters building. The abandoned St. Louis Centre mall was converted into a modern parking structure used by Firm employees and other downtown professionals. The demolition of the adjoining walkway bridge over Washington Avenue helped pave the way for the Blues Museum, the MX Movies & Bar, the Embassy Suites, and a bevy of restaurants like Robust, Sugarfire, Pi Pizzeria, Snarf’s, Porano, and other street level retail – all within a block of US Bank Plaza.
In addition, since Thompson Coburn’s last lease renewal, the Firm added exterior signage to the 36-floor building and completed a $10 million renovation of all office spaces. The building also added a fitness center for tenants in 2016 as a provision of the previous lease renewal.
Media coverage:
Top law firm commits to long-term lease downtown (St. Louis Business Journal)
Thompson Coburn extends downtown lease (St. Louis Post-Dispatch)
About Thompson Coburn
Thompson Coburn is a full-service law firm with 380 attorneys practicing in more than 50 areas of law. With offices in Chicago, Los Angeles, Southern Illinois, St. Louis and Washington, D.C., the firm was named a top 30 law firm in the nation for exceptional client service in 2017 by BTI Consulting, the country’s leading provider of strategic research to law firms and general counsel.