CLAYTON, Mo. – Emerson has announced the location of their new corporate headquarters. CEO Lal Karsanbhai and Clayton Mayor Michelle Harris shared the news from the lobby of the new Forsythe Point building located near Shaw Park.
Emerson will be leasing the top three floors of the 14-story building and portions of two other floors. Emerson will receive naming rights for the building, which will be called Emerson Tower. The company plans to relocate approximately 400 corporate personnel from its campus in Ferguson to the new building by mid to late 2024.
“This move allows us to right-size our corporate footprint to our headcount needs, capture long-term cost and energy savings that support our sustainability goals, and create a workspace that encourages collaboration, innovation and inclusiveness for our corporate employees,” states CEO Lal Karsanbhai.
“Emerson has been a valuable community partner for more than a century, and their continued commitment to St. Louis County is welcome news,” states St. Louis County Executive Dr. Sam Page.
Emerson included news that they have chosen to remain in St. Louis in their report on first quarter earnings. Nearly 1,300 people work at the Emerson headquarters on West Florissant.
“What is best about this is about the next 25-50 years. this aligns with who we are becoming as a company,” said Karsanbhai.
They announced plans to sell the headquarters in Ferguson last fall. An Emerson spokesperson told FOX 2 in October that the company was considering the St. Louis area in its search for a new headquarters.
“We sought an opportunity to realign our space needs as a company , we are talking about centrally 400 employees that we have in St Louis that run the corporation in a 200 acres campus, so there was a miss alignment of space with the number of folks we have,” said Karsanbhai.
Construction of the Forsythe Point building wrapped up in May. The open floor plans feature column free design and 14-foot ceilings with glass curtain walls. The large lobby features a video wall plus 13,000 square feet of street-level retail and restaurant space.
“I think the addition of Emerson to our downtown really to our city is,” said Clayton Mayor Michelle Harris. “It’s just going to be a transformative uplift to our whole business community.”
There is an acre of green space on the 7th floor. The garden terrace includes a fire pit, seating, and a fitness center. The building features five levels of covered parking and electric vehicle charging stations.