Draft:Michael Staenberg

Real estate developer From Wikipedia, the free encyclopedia

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]

  • 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)


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 2022, Staenberg has donated over $60 million to various causes.[5]

Early Life & Education

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

Real Estate Brokerage

Staenberg's began his career as a real estate broker for McDonald's. While working on a deal for McDonalds, he needed to negotiate the purchase of land from Walmart. In initiating the deal, Staenberg drove to Walmart's headquarters in Bentonville, AR, where he waited outside of a restroom, waiting for Sam Walton to use it. He pitched the deal to Walton, who accepted the offer, and gave Staenberg an opportunity to continue working with Walmart. Staenberg went on to broker and develop Walmarts across the United States.[7] [8]

THF Realty

In 1981, McDonald's desired to purchase land in Clinton, Missouri, a deal which Staenberg was tasked with. The land was owned by Stan Kroenke, who refused to sell. Staenberg purchased four homes across the street and built the McDonald's there. In 1991, Staenberg called Kroenke and proposed the creation of a development company, focused on building shopping centers around Walmart locations. Kroenke agreed, and THF Realty was then founded.[9] 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.[7]

Lawsuit & Separation

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 2025 dollars) In 2017, Staenberg & Kroenke had reached a settlement; Staenberg was paid $110 million, with additional terms and further compensation being undisclosed.[1] [10]

Staenberg Group

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

The Factory

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]

Awards & Honors

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

  • The Staenberg Group receives The Saint Louis Zoo Corporate Award, 2019[14]
  • The Frank L. Weil Award from the Jewish Community Centers of North America, 2018[15]
  • Hiram W. Leffingwell Award from Forest Park Forever, 2018[16]
  • Men’s Group Man of the Year Award from The St. Louis Men’s Group Against Cancer, 2018[17]
  • 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[18]
  • THF Realty Top 150 Largest Privately Held Companies – St. Louis Business Journal, 2011[19]
  • Most Influential St. Louis Citizens - St. Louis Business Journal, 2011[20]
  • Entrepreneur of the Year Award – Ernst & Young, 2001[21]

Personal Life

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