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Big insurance company to leave downtown St. Louis after 138 years

The company will relocate employees in early to mid-February 2024.

ST. LOUIS — An insurance brokerage company is leaving downtown St. Louis after 138 years, moving employees from 100 N. Broadway to a building in St. Louis County where it has had office space for about 25 years.

The Crane Agency said the decision is based on the westward shift of where its employees live. The company will relocate employees in early to mid-February 2024 to 400 Chesterfield Center.

Crane has room for about 170 employees at 100 N. Broadway, but only 20 to 30 are working daily in the approximately 35,000-square-foot space because of remote work, said Mike Reedy Jr., Crane’s executive vice president-secretary. The company’s lease covers the ninth floor and about two-thirds of the 10th floor.

Crane’s lease at 100 N. Broadway expires in November 2024, and the one at 400 Chesterfield Center ends in February 2027.

“We’re kind of capitalizing to get everybody back under one roof, reinvigorate and re-energize the culture,” Reedy said.

Click here to read the full story from the St. Louis Business Journal.

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