Edge Rewrite
pun Source code View original
Jump to content

Draft:Michael Staenberg

From Wikipedia, the free encyclopedia
  • Comment: Probably a bad reject msk 21:06, 6 August 2026 (UTC)
  • Comment: For biographies that fall under WP:BLP there are important requirements for multiple independent reliable and in-depth sources of the subject. This isn't yet present in this article, and the citation sources are only partially defined, with bare URLs. I've fixed some of them. For example, the West Newsmagazine article is mainly his own words, and a small amount of editorial, and that's not sufficient here. ChrysGalley (talk) 13:20, 10 October 2025 (UTC)
  • Comment: Already stated as not notable but only change since resubmission was removal of sources so not sure how that would help. This is also WP:TNT territory as far as promotional tone. CNMall41 (talk) 16:39, 22 July 2025 (UTC)
  • Comment: You have neither asserted nor verified the notability for this WP:ROTM real estate agent. 🇵🇸‍🇺🇦 FiddleTimtrent FaddleTalk to me 🇺🇦‍🇵🇸 07:31, 17 June 2025 (UTC)

Michael H. Staenberg (born March 8, 1954) is an American real estate developer and philanthropist. Staenberg is president and owner of The Staenberg Group, based in St. Louis, Missouri. Staenberg is most known for developing retail shopping centers with Stan Kroenke, through their partnership, THF Realty.[1]

As of 2025, Staenberg is currently leading several developments, such as The Factory, The District, and the 10 year, $2 billion Downtown Chesterfield redevelopment project, in Chesterfield, Missouri, which was previously the site of Chesterfield Mall.[2] [3] [4]

As of 2015, Staenberg has donated over $60 million to various causes.[5]

Early Life & Education

[edit]

Staenberg grew up in Omaha, Nebraska, born to a Jewish family. After his father passed away, he began working as a grocery bagger to support his family financially. By working as a brick tender, he was able to attend Arizona State University where he received degrees in Economics and Finance. After college, Staenberg began his career in commercial real estate as a broker for Leo Eisenberg.[5][6]

Business Career

[edit]

THF Realty

[edit]

In 1991, Staenberg and Stan Kroenke proposed the creation of a development company which focused on building shopping centers around Walmart locations; leveraging their relationship with Sam Walton. Kroenke agreed, and THF Realty was then founded.[7] The company would develop over 20 million square feet of retail space, valued at over $2 billion. The company developed the longest strip mall in America, Chesterfield Commons.[8]

Lawsuit & Separation

[edit]

In December, 2012, Kroenke filed several suits against Staenberg in St. Louis County Circuit Court. Kroenke sought to buy Staenberg's interest in several THF Realty entities, totaling $110 million ($153 million in 2026 dollars) In 2017, Staenberg & Kroenke had reached a settlement; Staenberg was paid $110 million, with additional terms and further compensation being undisclosed.[1] [9] [10]

Staenberg Group

[edit]

In 2012, Staenberg founded The Staenberg Group, a real estate development firm headquartered in Overland, Missouri. The company has been involved in over 45 million square feet of commercial real estate development and owns property in several U.S. states.[11][12]

Other Ventures

[edit]

The Factory

[edit]

In 2021, Staenberg completed construction of The Factory, a music venue which he founded in Chesterfield, Missouri. The 52,000 square foot, 3,500 capacity, event space hosts various concerts and events.[13]

Downtown Chesterfield

[edit]

Staenberg is currently redeveloping the former Chesterfield Mall, in Chesterfield, Missouri. The Staenberg Group purchased the site in 2020 for an undisclosed amount.[14] The development is a 10 year, $2 billion project, named "Downtown Chesterfield" with 2,000 residential housing units, restaurants, office, and retail space. [15] [16] [17] [18]

Awards & Honors

[edit]

Staenberg and his companies have received numerous awards for his philanthropic activity:

  • The Staenberg Group receives The Saint Louis Zoo Corporate Award, 2019[19]
  • The Frank L. Weil Award from the Jewish Community Centers of North America, 2018[20]
  • Hiram W. Leffingwell Award from Forest Park Forever, 2018[21]
  • Men's Group Man of the Year Award from The St. Louis Men's Group Against Cancer, 2018[22]
  • Inducted into the Arizona State University W. P. Carey Business School Hall of Fame, 2017[6]
  • Simon Wiesenthal Center's Museum of Tolerance Jerusalem (MOTJ) Atrium named by Staenberg Family, 2017[23]
  • THF Realty Top 150 Largest Privately Held Companies – St. Louis Business Journal, 2011[24]
  • Most Influential St. Louis Citizens - St. Louis Business Journal, 2011[25]
  • Entrepreneur of the Year Award – Ernst & Young, 2001[26]

Personal Life

[edit]

Staenberg lives in Clayton, Missouri, a suburb of St. Louis. Staenberg collects art and has donated pieces to various nonprofits, primarily to Jewish Community Centers and organizations across the United States.[27] [5] [28]

  1. 1 2 Brian Solomon (December 12, 2012). "Billionaire Stan Kroenke Splits With Real Estate Partner, Launches Legal Battle". Retrieved October 28, 2025.
  2. ↑ "Downtown Chesterfield STL | Explore What's Next". www.downtownchesterfieldstl.com.
  3. ↑ "$2B Downtown Chesterfield project receives final approval from city". 6 September 2023.
  4. ↑ "100+ people shaping St. Louis | St. Louis Magazine". 20 October 2022.
  5. 1 2 3 "Persons of Interest: Michael Staenberg, Giving is Job No. 1". 15 January 2015.
  6. 1 2 "Alumni generosity fuels student success | W. P. Carey News".[bare URL]
  7. ↑ https://www.bloomberg.com/profile/company/8212019Z:US?embedded-checkout=true
  8. ↑ "Chesterfield of Dreams? Exploring a city's capacity for retail". 22 August 2012.
  9. ↑ "Stan Kroenke's ex-partner says they have settled their epic legal battle". 19 January 2017.
  10. ↑ https://www.stltoday.com/business/local/staenberg-fires-back-in-messy-breakup-with-kroenke/article_80b8f5ba-888a-5ae2-a7fc-28a3f3468a11.html
  11. ↑ https://www.loopnet.com/company/the-staenberg-group/overland-mo/k7zsldcl/ [bare URL]
  12. ↑ Jason Nevel (June 11, 2013). "Southwest Shopping Center has new owner". Retrieved October 28, 2025.
  13. ↑ "Take a look at new Chesterfield music venue the Factory slated for 2021 opening". 27 October 2020.
  14. ↑ https://www.stlpr.org/economy-business/2024-10-15/chesterfield-mall-demolition-begins-new-downtown-development
  15. ↑ https://www.stltoday.com/business/local/staenberg-fires-back-in-messy-breakup-with-kroenke/article_80b8f5ba-888a-5ae2-a7fc-28a3f3468a11.html
  16. ↑ https://shoppingcenterbusiness.com/staenberg-group-begins-site-work-for-chesterfield-mall-redevelopment-in-metro-st-louis/
  17. ↑ https://www.westnewsmagazine.com/news/chesterfield/demolition-of-chesterfield-mall-begins-mr-staenberg-tear-down-this-mall/article_f0f92442-8b64-11ef-9333-6f1f2a45e9ad.html
  18. ↑ https://www.ksdk.com/article/news/local/business-journal/inside-staenbergs-vision-for-chesterfield/63-0860e353-b31a-4baa-ab75-45d4fc9e6094
  19. ↑ "Saint Louis Zoo Announces 2019 Awards". 27 November 2019.
  20. ↑ "Philanthropists Carol and Michael Staenberg Provide Extraordinary Support to Midwest JCCs". 19 August 2020.
  21. ↑ "Forest Park Forever Bestows 2018 Hiram W. Leffingwell Award to Michael and Carol Staenberg". 17 May 2018.
  22. ↑ "Men's group raises $400K to fight cancer". 17 December 2018.
  23. ↑ "From Jerusalem to Omaha". 2 September 2020.
  24. ↑ "Top 150 Privately Held Companies: 100-110 - St. Louis Business Journal".
  25. ↑ https://www.bizjournals.com/stlouis/print-edition/2011/02/18/most-influential-st-louisans.html [bare URL]
  26. ↑ https://eoyhof.ey.com/ [bare URL]
  27. ↑ "How Michael Staenberg turned our blank walls into walls of inspiration - Jewish Light". 17 March 2023.
  28. ↑ Mejia, Karla Vasquez (4 June 2025). "Sculptures bring color to Orchard Town Center in Glen Carbon". The Edwardsville Intelligencer.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Draft:Michael_Staenberg&oldid=1368069889"