Robin Jefferson

Four lots remain for sale or lease at the Missouri Research Park and Technology Drive Development. John Langa, senior associate, of CB Richard Ellis, said four lots ranging from 1.7 to 11.6 acres are still available at the park.

CB Richard Ellis’ St. Louis Division, a brokerage firm, has been working in conjunction with the Research Park and the University of Missouri at St. Louis for the last couple of years to lease or sell land to technology-based users at the park.

Declining to comment further, Langa said an “exciting announcement” will be coming out of the park in the next couple of weeks that involves a 15-acre lot. “It’s a brand new project that will lead to additional development there,” Langa said. “The significant technology use will add new construction to the park that will increase interest in the remaining lots.”

Of the 1.3 million square feet of development at the Missouri Research Park, four lots remain, leaving about 80 percent of the park occupied, Langa said.

Langa said the high tech corridor will hardly stop there, but the Missouri Research Park has undoubtedly been the cornerstone of what’s to come. “There will be a lot more development coming out along the 40 corridor, so this is a very important project,” he said.

CB Richard Ellis St. Louis Office in Clayton offers a complete range of commercial real estate services delivered by about 4 product-focused, experienced professionals, four of whom are housed in the Boeing Defense Headquarters at St. Louis. The company specializes in office, industrial, retail, multi-family, investment, corporate services and appraisal valuation services.

A global leader in real estate services, CB Richard Ellis, together with its partner and affiliate offices, has more than 300 offices in 50 countries. Each year, the company completes thousands of assignments with clients from a gamut of industries.

Langa said the company’s role in the Missouri Research Park Development is to market the site’s amenities and benefits regionally, nationally and globally. “We work to attract companies from all over the region,” he said. “We work with civic folks on a national basis.”

Langa’s message is simple. The Missouri Research Park is the place for high tech companies. “Literally, it is one of the best research parks in the country and it’s pretty phenomenal what has occurred there in the last 10 years or so. It’s a very important element for the St. Louis region.”

Langa and CB Richard Ellis work to attract technology-related users including precision, manufacturing and research and development companies. “The park is not only a good business park, but overall, it’s about 700 acres. It’s a complete community for the companies – a complete commerce community because of the open space, the golf course, the 1.3 million square feet of other companies there and the park itself. It’s a very nice campus.”

Langa said the park and its amenities, including a lakeside view and hiking trails, provide “a certain feel. It’s a stimulating environment for (the tenants).”

Another current project, the 100-room Wingate Hotel is under construction in the park. “That is very important to the overall complete services of the park. It will be out of the ground this spring,” he said, “and with the new interchange at 40 and 64 the access to the park has gotten even better.”