KANSAS CITY, Mo. - Kansas City-based Cerner announced Friday it has finalized the purchase of the former Bannister Mall site for expansion.
Cerner announced the purchase will pave the way for 15,000 new jobs, including information technology positions. Those jobs are expected to be added over the next 10 years.
The company also announced plans to work with the Hickman Mills School District to prepare high school students for careers at Cerner and other information technology careers.
Friday's announcement positions Missouri as the third biggest state for information technology growth, according to Zane Burke, Cerner's president.
Mayor Sly James and Gov. Jay Nixon were at the announcement to tout the economic impact this expansion will have on Missouri's economy, which is estimated to be around $4.3 billion.
Demolition on the property, named Three Trails Crossing, has begun. Construction on the project is expected to take around three years.