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Thompson Coburn extends downtown lease

Thompson Coburn extends downtown lease

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Local legal powerhouse Thompson Coburn has extended its downtown St. Louis lease at One U.S. Bank Plaza for another decade.

The firm employs some 500 people at its headquarters in the 36-floor building at 505 North Seventh Street. Thompson Coburn has the largest number of local attorneys among big firms here, with 239 local lawyers and some 380 across the firm. Its new lease stretches into 2026.

Thompson Coburn has helped keep a healthy employment base and pedestrian traffic in the area. While other firms were leaving downtown for Clayton, it chose to stay in the building, persuaded in part with a package of $700,000 in loans and tax breaks and an agreement from the state to build a garage next door. Since then, the Blues Museum, the MX Movies & Bar, the Embassy Suites, and restaurants like Robust, Sugarfire, Pi Pizzeria and Porano have also opened nearby, revitalizing the eastern edge of Washington Avenue.

“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.”

Thompson Coburn is the largest tenant in the building, taking up 10 floors and roughly 200,000 square feet. That’s slightly smaller than the 240,000 square feet and an extra floor the firm had under its prior lease.

The building, which is owned by U.S. Bank and houses many of its St. Louis employees, underwent a $10 million renovation of Thompson Coburn’s office space during the prior lease term and added a fitness center for employees.

Thompson Coburn’s lease announcement comes a day after Bryan Cave, another legal leader based downtown, said it was looking at merging with British law firm Berwin Leighton Paisner.

Bryan Cave has the second-most St. Louis-based lawyers, with 209, and though it doesn’t technically consider St. Louis its headquarters, it houses much of its corporate and administrative personnel here to support 900 attorneys across the firm.

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