• St. Louis Press Pass

    Oct 09, 2015
    Editorial: The Regional Chamber signs on to the Ferguson Commission report
    (St. Louis Post-Dispatch, 10/2/15)
    Last week, in a development that not long ago would have been unthinkable, the St. Louis Regional Chamber endorsed the major conclusions and recommendations of the Ferguson Commission in “Forward Through Ferguson,” the report it released Sept. 14.  >> CLICK FOR MORE


    A few printed copies of the report produced by the Ferguson
    Commission were present at a press conference at Florissant Valley
    Community College on Monday, Sept. 14, 2015. Photo By David Carson,
    dcarson@post-dispatch.com


    Ameren pledges $2.5M to aid in priorities of Ferguson Commission report
    (St. Louis American, 10/5/15)
    On Saturday, October 3, Ameren Corporation announced it will provide the St. Louis community with $2.5 million to support “signature priorities” outlined in the Ferguson Commission report, including programs for child well-being, education and job readiness. >> CLICK FOR MORE
    Congress should reauthorize the Export-Import Bank
    (St. Louis Post-Dispatch, 10/9/15)
    St. Louis was founded in 1764 as a trading center, and since then our region has relied on manufacturing and trade to fuel our economy. Thanks to its strong manufacturing base, our bi-state region — representing 15 counties in Missouri and Illinois — is an economic powerhouse helping drive both states’ economies. >> CLICK FOR MORE
    Why St. Louis Is the Ultimate Baseball Town
    (The Wall Street Journal, 10/7/15)
    All-star shortstop Jhonny Peralta figured he would attract plenty of offers as a free agent in 2013, but when the St. Louis Cardinals expressed interest, Peralta told his agent to stop shopping him around—just close a deal with the Cards as soon as possible.  >> CLICK FOR MORE
    Cardinals playoff games to have big impact on economy
    (St. Louis Business Journal, 10/5/15)
    The St. Louis Cardinals kick off their 2015 playoff schedule Friday at Busch Stadium. That and other games in the first round (against either the Pittsburgh Pirates or Chicago Cubs) will generate $5.9 million each in economic benefits for the region, according to an analysis by Ruth Sergenian, the St. Louis Regional Chamber’s director of economic research. >> CLICK FOR MORE


    Matthew Hibbard
    Stadium Sponsor Unveiled in Move to Keep Rams in St. Louis
    (The New York Times, 10/6/15)
    National Car Rental has agreed to pay $158 million for the naming rights on a football stadium that is being planned by civic leaders in Missouri who are trying to keep the St. Louis Rams from moving to Los Angeles. >> CLICK FOR MORE


    A rendering of National Car Rental Field, a proposed stadium. E. Stanley
    Kroenke, the Rams’ owner, had announced plans to build a stadium in
    Inglewood, Calif. Credit HOK
    St. Louis City Submits Plan for NGA Site
    (KMOX, 10/9/15)
    St. Louis’ effort to keep the National Geospatial-Intelligence Agency has taken the next step forward. The city has presented the NGA with what’s called a “briefing book,” summarizing the city’s $1.6 billion proposal for the near-north side site.>> CLICK FOR MORE


    (KMOX/Brian Kelly)
    St. Louis hopes to use billion dollar construction projects to reshape city
    (St. Louis Post-Dispatch, 10/7/15)
    The city wants to bring hard hats and construction cranes to its northern edge as a billion-dollar antidote to a seemingly endless social and economic malaise. In the coming months, officials hope to secure two projects totaling nearly $2.6 billion in construction costs: a federal spy agency headquarters and a new NFL stadium, just miles apart on the northern rim of downtown. >> CLICK FOR MORE
    St. Louis Works to Welcome Refugees
    (The Take Away, 10/9/15)
    In the 1990s, St. Louis, Missouri became a hub for Bosnians, as refugees escaped from war and genocide in their home country. There are now 50,000 Bosnians living in the region, the largest Bosnian community outside of the country itself. >> CLICK FOR MORE
    ‘St. Louis is now home:’ The stories of two Syrians who have settled here
    (St. Louis Public Radio, 10/8/15)
    The crisis in Syria is on everyone’s minds right now—whether for humanitarian concerns, worries over ISIS or Russian involvement. Here at home, several groups have made the call to accept more Syrian refugees to the St. Louis region. So far, 29 have arrived since the beginning of this year. >> CLICK FOR MORE
    Missouri Tech Corp. has shelled out $24 million to startups: TechFlashes
    (St. Louis Business Journal, 10/9/15)
    To date, the Missouri Technology Corp. has invested more than $24 million to help over 70 companies in Missouri, with another $6 million going to incubators, accelerators and educational institutions. >> CLICK FOR MORE


    George Paz, chairman and CEO of Express
    Scripts Holding Co., will be one of the speakers
    at Accelerate St. Louis' inaugural #CEO2CEO event.
    Photo: Jeremy DeWeese

    Domain Tech Report Nine Network/PBS: Women Entrepreneurs
    (Techli, 10/5/15)
    In the second episode of the ‘Domain Tech Report,’ I spoke with women from Prosper Women Entrepreneurs. They have received national and international attention for their work promoting female entrepreneurship. We also hear from St. Louis Regional Chamber President & CEO Joe Reagan, a ’Why I Became an Entrepreneur’ features Sarah Badahman from HIPAAtrek and we visit Manifest Digital. >> CLICK FOR MORE
    InvestMidwest now accepting applications for March 2016 Venture Capital Forum in St. Louis
    (RiverBender.com, 10/5/15)
    InvestMidwest Venture Capital Forum today kicked off its application period for the Midwest's premier venture capital event. Entrepreneurial high-growth companies interested in presenting their business plans to an audience of the nation's top venture capitalists, corporate and private investors and investment bankers are invited to apply.  >> CLICK FOR MORE
    St. Louis’ Latest Tech ‘Gets’ — Pandora, Uber
    (KMOX, 10/5/15)
    Pandora, the music streaming service, is opening its Midwest regional sales office in the Cortex Innovation District, and we’ve learned that Uber, the ride-share service, isn’t far behind in opening a physical presence. >> CLICK FOR MORE
    St. Louis ranks as one of the least expensive cities for medical procedures
    (St. Louis Business Journal, 10/6/15)
    Actual costs for health care procedures are tough to nail down, but a new report from Castlight Health says costs in St. Louis are among the lowest in the nation. The report, titled the Castlight Health Costliest Cities Index, examined actual costs of eight popular health care procedures and found that St. Louis is one of the 10 least expensive for six of the eight procedures among 30 cities. >> CLICK FOR MORE
    St. Louis startup developing powerful epilepsy drug previously only used in hospitals
    (St. Louis Business Journal, 10/6/15)
    Epilepsy, also known as seizure disorder, is one of the world’s most common and most serious neurological conditions, afflicting about 50 million people around the globe. It’s estimated that about 70 percent of the world’s epilepsy patients can control their seizures by using the two dozen or so anticonvulsant drugs that are on the market. >> CLICK FOR MORE
    See the new $50 million South Harbor project on the Mississippi
    (St. Louis Business Journal, 10/5/15)
    More than 300 regional officials and industry players gathered Monday on the new concrete surface of a general cargo dock, part of America’s Central Port new $50 million South Harbor project, to celebrate the nearing completion of the harbor. >> CLICK FOR MORE
    Lewis & Clark Branch Library reopens Oct. 14
    (St. Louis American, 10/8/15)
    North St. Louis County public library users are about to experience libraries in a way they never have before, at least not in their neighborhoods. Gleaming new or brilliantly refurbished library branches are opening this fall and winter, starting with the Lewis & Clark Branch, located at 9909 Lewis-Clark Blvd. in Moline Acres, on Wednesday, October 14.  >> CLICK FOR MORE
    First of Six New or Renovated Libraries to Open in October
    (St. Louis Public Radio, 10/5/15)
    The first of six new and renovated St. Louis Country Library branches will open this October. On Monday’s “St. Louis on the Air” Library Director Kristen Sorth will join host Don Marsh to discuss the new Lewis and Clark branch, in Moline Acres, opening on Oct. 14. >> CLICK FOR MORE
    Ameren audits saving companies big money
    (Illinois Business Journal, 10/15)
    Businesses throughout Southern Illinois are saving big money on their annual energy bills, some of them thousands of dollars, through a program that’s so simple to participate in, it’s a bit like the proverbial light bulb idea. >> CLICK FOR MORE
    Central Corridor Residential Boom Passes 2,000 Units, Reaches Campus Housing
    (nextSTL, 10/7/15)
    The apartment boom in St. Louis City continues. Over the past two years, 963 apartments have been built in the city’s central corridor near Forest Park and the Central West End, with many smaller projects adding more units. By our count, 557 more apartments are currently under construction, and at least 600 more have been proposed and approved. In all, the projects total nearly 4,000 beds. >> CLICK FOR MORE
    More housing coming to Ikea's neighborhood
    (St. Louis Post-Dispatch, 10/8/15)
    Now that St. Louis’ Ikea store is open and drawing the predicted swarm of shoppers, developers are busy with residential and commercial projects near the store at Forest Park and Vandeventer avenues. >> CLICK FOR MORE
    WUSTL Trustees Green-Light $240M Danforth Campus Transformation
    (NextSTL, 10/3/15)
    The Washington University Board of Trustees have approved a $240M transformation of the Danforth Campus east end. The vision mirrors that posted on this site in October of last year (Washington University Set for Major Transformation of Danforth Campus). Groundbreaking is set for spring 2017, with completion planned for spring 2019.. >> CLICK FOR MORE
    Improvements proposed for cultural neighbors — Washington U and Forest
    (St. Louis Public Radio, 10/4/15)
    Two of the most important civic, cultural, educational and recreational institutions in the region — Washington University and Forest Park — announced building and renovation plans over the weekend, plans that include transformative changes to come as well as some work already completed.  >> CLICK FOR MORE
    SLU, Wash U among best colleges for entrepreneurship: TechFlashes
    (St. Louis Business Journal, 10/2/15)
    Saint Louis University and Washington University are again on a list of best colleges for undergraduate entrepreneurship. The Entrepreneur.com list puts Washington University at No. 16 and SLU at No. 23. World Wide Technology has been named one of the best workplaces for women. Of the company’s 700-plus employees, 30 percent are women and 30 percent of the company’s managerial positions are filled by women.  >> CLICK FOR MORE
    East St. Louis to get $3.5m for work on Front Street, others
    (Illinois Business Journal, 10/15)
    U.S. Rep. Mike Bost, R-Murphysboro, today announced a grant for $3,587,052 has been issued to reconstruct a stretch of Front Street and related work in East St. Louis. The grant comes via the Economic Development Administration under the U.S. Department of Commerce. >> CLICK FOR MORE
    Stay Tuned: Central Corridor Development
    (Nine Network of Public Media, 10/9/15)
    Driving west from downtown St. Louis through the center of the city gives a much different impression of the city than if you venture to the north. Explains Washington University professor Hank Webber, “The central corridor matters to everyone. It’s a huge source of jobs… . It’s true we’ve made more progress on redevelopment in the central corridor compared to north in particular, but I don’t think you can say that the improvements in the central corridor don’t have a benefit that goes to the whole city and beyond the city.” Adds Preservation Research Office Director Michael Allen, “The central corridor is blessed with institutional and transportation infrastructure. If there is an equity gap it isn’t answered by putting IKEA in North St. Louis, it’s by extending light rail along the North/South line and creating those anchor assets that really generate other economic activity.”

    In tonight’s Stay Tuned, broadcast on Nine PBS at 7:00 p.m., Webber and Allen, as well as Otis Williams from the St. Louis Development Corporation and Dennis Lower from Cortex, discuss why there is such a boom in construction and development in the central corridor, and how to translate those wins to the entire city. The entire discussion can be viewed at  
    >> CLICK FOR MORE
  • St. Louis Press Pass

    Oct 02, 2015
    SixThirty accelerator invests in 6 financial technology startups
    (St. Louis Business Journal, 9/29/15)
    SixThirty, the St. Louis startup accelerator that specializes in the financial services technology industry, has announced six new seed-stage companies that will each receive $100,000 investments in return for an equity stake. >> CLICK FOR MORE


    Atul Kamra, SixThirty managing partner
    St. Louis behind the curve when it comes to gender equity in business
    (St. Louis Post-Dispatch, 10/2/15)
    St. Louis ranks a lowly 24th among the nation’s top 25 metro areas in growth and “economic clout” of women-owned companies, according to a 2014 study by American Express. So, what’s the matter with St. Louis women? Or are St. Louis men the source of the problem? “It’s both,” says Jennifer Ehlen, and she has made fixing that inequity her new career.>> CLICK FOR MORE


    Jennifer Ehlen, CEO, Prosper Institute Prosper Capital Managing Partner
    Menards to build $29 million facility, hire over 120
    (St. Louis Business Journal, 9/29/15)
    Hardware and home improvement retailer Menard Inc. plans to invest $29.1 million into a new manufacturing and distribution facility in Sullivan, Missouri, creating 129 new jobs. The new facility will include concrete block and truss manufacturing and a cross-dock distribution building. >> CLICK FOR MORE  


    Home improvement retailer Menards
    WBJ
    ARCHETYPES: ALIVE MAGAZINE InterviewS JOE REAGAN 
    (Alive Magazine, 10/15)
    It might seem strange, but one of Joe Reagan’s biggest assets in his role is that he’s not a St. Louis native: Prior to moving here in 2012 to take on his current job, he was President and CEO of Greater Louisville, Inc., a metro chamber of commerce, after working his way up from Chief Operating Officer. Before that, he was Executive Vice President of the Rockford [Illinois] Chamber of Commerce. In short, he understands relocation and transition, which is critical when he’s working to attract corporations, small business owners and entrepreneurs to town. Issac Newton’s quote, “Men build too many walls and not enough bridges,” is found in his Twitter bio and encapsulates his belief that the key to success is for St. Louis’ many communities to come together as one. >> CLICK FOR MORE
    Sheila Sweeney tapped to head of St. Louis Economic Partnership
    (St. Louis Post-Dispatch, 10/2/15)
    The St. Louis Economic Partnership announced Friday the appointment of Sheila Sweeney as the chief executive officer of the joint agency promoting business growth in St. Louis City and St. Louis County. Sweeney has served as interim director of the partnership since June. >> CLICK FOR MORE
    Boeing-Lockheed venture lands $882 million contract
    (St. Louis Business Journal, 9/30/15)
    The Department of Defense has awarded United Launch Alliance, a joint venture between Boeing Co. and Lockheed Martin Corp., a $882 million contract to launch satellites for the U.S. Air Force.  >> CLICK FOR MORE
    Boeing wins $20 million Navy order for work in St. Louis
    (St. Louis Business Journal, 9/29/15)
    Boeing Co. has been awarded a $19.75 million contract from the U.S. Navy. The contract calls for Boeing to provide engineering and logistics support services to improve readiness, expand Interactive Electronic Technical Manual/Structural Repair Manual work packages, and maintenance planning for the F/A-18 and E/A-18G aircraft.>> CLICK FOR MORE
    Cybersecurity firm Norse lands investment from KPMG
    (St. Louis Post-Dispatch, 9/30/15)
    Norse, a cybersecurity firm that was founded in St. Louis, has landed a strategic investment from KPMG Capital, an affiliate of giant accounting firm KPMG International. >> CLICK FOR MORE
    SLU begins construction of second residence hall
    (St. Louis Post-Dispatch, 10/2/15)
    What until Wednesday night was a parking lot is now the construction site for a $71 million student residence hall at St. Louis University. It will be the second building in a pair of dorms that the university is constructing. >> CLICK FOR MORE


    Rendering of SLU residence hall near South Grand and Laclede
    Saint Louis University enrolls first U.S. patient in rare heart disease trial, genetic mutation impacts an estimated 40,000 people worldwide
    (St. Louis American, 9/28/15)
    Earlier this year, investigators at Saint Louis University enrolled the first U.S. patient in a worldwide Phase 3 clinical trial of a medication to treat patients who have a rare form of heart failure due to a gene mutation. The mutation results in transthyretin (ATTR)-mediated familial amyloidotic cardiomyopathy (FAC).>> CLICK FOR MORE
    New Test to Detect Viruses in Humans and Animals
    (KMOX, 9/30/15)
    A new test developed at Washington University has the ability to detect all viruses that infect people and animals. Currently it is a research tool and not a diagnostic ready for everyday medical use. Lead researcher Dr. Gregory Storch at Wash U says that it could be used one day in the future.>> CLICK FOR MORE
    Workforce Campaign Kicks Off
    (Construction Forum STL. 9/29/15)
    With 1,500 job openings expected in the manufacturing sector in Southwestern Illinois in the next five years, and an additional 1,200 jobs opening up in the trades, regional leaders today gathered to announce the launch of a marketing and outreach initiative to link today’s high school students to the career opportunities that lie ahead. Being led by the Madison-Bond and MidAmerica workforce investment boards, in collaboration with a variety of partners, the two-pronged campaign theme is Manufacture Your Future/Craft Your Future – A Career that Pays in Southwestern Illinois.>> CLICK FOR MORE
    Trade & Investment Council Formed
    (Alton Daily News, 9/29/15)
    With a meeting last week at SIUE, the Southwestern Illinois Trade and Investment Council has been launched. Bringing together 15 private sector exporters, the county board chairmen of Madison and St. Clair counties; two regional port representatives, three regional airport representatives, a freight forwarder and two banking representatives, the council hopes to provide a shot in the arm for commerce and job growth in the region. >> CLICK FOR MORE
    $2.36m grant to support rail project at America's Central Port
    (Illinois Business Journal, 10/15)
    U.S. Sen. Dick Durbin, D-Ill., today announced that the U.S. Department of Commerce’s Economic Development Administration has awarded $2,368,520 in funding to America’s Central Port District in Granite City to create jobs and aide the construction of critical infrastructure. The project is expected to support 250 local jobs and leverage up to $6.5 million in private investment. >> CLICK FOR MORE
    Cathedral Square completed in Belleville
    (St. Louis Post-Dispatch, 9/29/15)
    Construction is completed at Cottages at Cathedral Square, a $6 million development of 32 affordable senior apartments near downtown Belleville. >> CLICK FOR MORE
    St. Louis Construction Industry Leadership Honored
    (Construction Forum STL, 9/29/15)
    St. Louis Construction Cooperative (formerly PRIDE of St. Louis Inc.) is honoring leadership in the St. Louis construction industry. At its eighth annual awards luncheon on August 27, 2015, the venerable labor-management organization saluted Monsanto which is currently investing $400 million to expand its research facilities in Chesterfield, MO. Monsanto received the 2015 Industry Impact Award. >> CLICK FOR MORE
    Harvard students look for ways to improve MLK Drive in St. Louis as model for rest of nation
    (St. Louis Post-Dispatch, 9/28/15)
    For 17 years, Karen Bryant has watched her beloved neighborhood along Martin Luther King Drive deteriorate. Bryant, who does alterations from a storefront along King, can recite a long list of flourishing businesses that used to line the street. They all left. Now she’s left sandwiched between two vacant buildings.>> CLICK FOR MORE
    Webster University Hosts Groundbreaking for Interdisciplinary Science Building
    (Construction Forum STL, 9/24/15)
    Webster University took a significant step toward the future today. A groundbreaking ceremony was held at 11:30 a.m. today (Sept. 9) for the Interdisciplinary Science Building (ISB), a construction project that will triple the number of science labs on campus, support greater academic collaboration, and position the University to meet the region’s employment needs for decades to come.  >> CLICK FOR MORE
    What are we waiting for?
    (St. Louis American, 9/30/15)
    When an Education Salute gala feels most down-home, most familial, it feels like what our inimitable emcee Carol Daniel, the KMOX news anchor, likes to call “our thing.” Carol is a thought leader and inspirational figure in our community, and she knows that we need “our thing,” or what the black millennials call “black spaces,” where we can celebrate in our own ways. >> CLICK FOR MORE
    Metro East SBDC chosen to host 'InnovateHer' business competition
    (Illinois Business Journal, 9/15)
    The U.S. Small Business Administration has selected the Illinois Metro East Small Business Development Center at Southern Illinois University Edwardsville as a local host organization for its “Innovating for Women” business competition.>> CLICK FOR MORE
    SIUE School of Engineering gets accreditation through 2021
    (Illinois Business Journal, 9/15)
    The Southern Illinois University Edwardsville School of Engineering’s programs have received continued accreditation by the Accreditation Board for Engineering and Technology through as far as 2021. School officials say it's the result of a rigorous process that requires years of data collection and continuous improvement based on self-assessment. The school and each program do a comprehensive self-study, which is followed by a campus visit from a team of experts.>> CLICK FOR MORE
    9 STL area schools honored as Blue Ribbon Schools
    KSDK, 9/29/15)
    Eight Missouri public schools have been honored as 2015 Blue Ribbon Schools, and seven of them are in the St. Louis area. Two private schools in the St. Louis area have also received the honor. >> CLICK FOR MORE
    Madison County awards Block Grant scholarships to students
    (Illinois Business Journal, 10/15)
    Madison County Community Development announced it has awarded Community Services Block Grant scholarships to 14 county students. The CSBG Scholarship Program helps low-income Madison County residents finance higher education. Students enrolled in an Illinois college, university or vocational training program may qualify for a $1,500 CSBG Scholarship. Funds can be applied toward tuition, study-related fees and books. Individual scholarships are based on a student’s financial need. >> CLICK FOR MORE
    Ferguson 1000, SLATE to host job fair
    (St. Louis Business Journal, 9/25/15)
    Ferguson 1000 and the St. Louis Agency on Training and Employment (SLATE) are sponsoring a Ferguson 1000 Jobs Hiring Event, "Empowerment Through Employment and Entrepreneurship," on Oct. 17, from 9 a.m. to noon at St. Louis Community College-Forest Park, 5600 Oakland Ave.>> CLICK FOR MORE
    In Ferguson, using chess to empower youth
    (St. Louis Post-Dispatch, 9/29/15)
    In the year since the death of Michael Brown and the civil unrest that followed, the city of Ferguson has worked hard to repair its community fabric and rebuild a sense of safety and trust among its government, businesses, schools and other institutions. >> CLICK FOR MORE
    Youth job program returning to Ferguson
    (KSDK, 9/30/15/)
    Youth, aged 16 to 23, can apply for jobs through STL Youth Jobs-Ferguson Forward. The program funded by Emerson has returned for its second year to place more than 100 youth in positions from December 2015 to April 2016. >> CLICK FOR MORE
    Stay Tuned: Immigration Issues
    (Nine Network of Public Media (10/2/15)
    The Syrian civil war has displaced millions of refugees seeking a safe home. St. Louis was that safe place for thousands of Bosnians escaping genocide in their own country 25 years ago. Could we once again open our arms and welcome a new wave of refugees to our region? To Ed Martin from Phyllis Schlafly’s Eagle Forum, the answer is no. “America is the most generous group of people in the history of people,” he says in tonight’s Stay Tuned, airing at 7:00 p.m. on Nine PBS.  >> CLICK FOR MORE