• St. Louis Press Pass

    Jan 08, 2016
    Ranking America’s Top Sports Cities in 2015--New York OK, Philadelphia Terrible 
     (The Wall Street Journal 1/01/16)
    New York was a winner in 2015—which is a statement of fact and not a quote from Donald Trump. The city’s nine sports franchises in the four major professional leagues (NBA, NFL, NHL, and Major League Baseball) posted a combined winning percentage of .524 in the calendar year of 2015, according to Stats LLC. That’s pretty good, though not nearly as good as St. Louis, which earned the top spot in our table with a .622 average winning percentage last year.  >> CLICK FOR MORE
    St. Louis to Kroenke: You're 'preposterous'
    (St. Louis Post-Dispatch, 1/7/16)
    Football fans and area officials alike blasted St. Louis Rams owner Stan Kroenke on Wednesday, calling his scathing National Football League relocation proposal a “pot shot” at the region, and some of his facts “preposterous.” >> CLICK FOR MORE
    52 Places to Go in 2016 
    (The New York Times, 1/7/16)
    On a national stage, the St. Louis area has struggled with race relations recently — and, more recently, flooding has hit the region hard — but more positive circumstances for celebrating the city’s rich African-American heritage will surface this year. The National Blues Museum, opening in April, will focus not only on the music’s cultural history but also its place as the foundation of American music — especially as a genre that transcended boundaries of race and background. Nearby, visitors will also have easier access to the city’s landmark arch, as the CityArchRiver project progresses, creating rejuvenated parks, promenades and new underground plazas. >> CLICK FOR MORE
    Lacgene Technologies Establishes U.S. Headquarters In St. Louis
    (Area Development Magazine)
    Lacgene Technologies is establishing its U.S. headquarters at the Helix Center Biotech Incubator in St. Louis. The U.S. business will operate under the name Blue Orb Solutions. >> CLICK FOR MORE
    Monsanto has invested millions in these 11 startups  
    (St. Louis Business Journal, 1/6/16)
    Monsanto Growth Ventures (MGV), the venture capital arm of Creve Coeur-based agricultural giant Monsanto Co., revealed its investment portfolio for the first time Wednesday. Some of the companies in the portfolio have already been reported on while others are new.  >> CLICK FOR MORE
    iSelect Fund invests in 10 startups for 2015 
    (St. Louis Business Journal, 1/1/16)
    The iSelect Fund, the Clayton-based investment tool that closely resembles the structure of a mutual fund, invested roughly $6 million in 10 companies in 2015.  >> CLICK FOR MORE
    Iowa-based engineering firm opens St. Louis office 
    (St. Louis Post-Dispatch, 1/8/16)
    A civil and structural engineering firm based in Iowa is expanding in Missouri by opening an office in downtown St. Louis.  McClure Engineering Co.'s new office is at 500 North Broadway, where the firm began leasing space last month. The 22-story office building has gained several large tenants in recent years.  >> CLICK FOR MORE
    Blood & Sand owners trade for software 
    (St. Louis Business Journal, 1/1/16)
    Adam Frager and TJ Vytlacil, the team behind Blood & Sand, are selling the downtown St. Louis membership bar and restaurant to focus on their soon-to-be launched software company that has developed a new point-of-sale system designed specifically for restaurants.  >> CLICK FOR MORE
    St. Louis startup connecting brands to Internet stars 
    (St. Louis Business Journal, 1/05/16)
    There’s a reason Nike’s best-selling shoe has the name Jordan on it, and the Lean, Mean, Fat-Reducing Grilling Machine was renamed the George Foreman Grill. Celebrity names garner incredible purchasing power. The problem for most businesses is that these influential “brandividuals” are extremely cost prohibitive. >> CLICK FOR MORE
    Genetic testing startup raises $9 million
    (St. Louis Business Journal, 1/07/16)
    PierianDx, a St. Louis-based biotech startup, has raised $9.25 million from a group of investors led by New York-based Health Catalyst Capital Management.  PierianDx markets a genetic testing tool that could speed patient diagnosis and treatments based on an individual’s DNA. It’s software platform allows clinical labs to deliver personalized medicine by using insights and data for somatic cancer and other constitutional disorders. >> CLICK FOR MORE
    TerraSource targets overseas expansion plan 
    (St. Louis Business Journal, 1/01/16)
    TerraSource Global is a little-known St. Louis company that sells industrial equipment and aftermarket parts to thousands of customers in the power, mining and forest industries. >> CLICK FOR MORE
    IKEA Leads Retail Development in St. Louis  
    (REbusiness Online, 1/07/16)
    Without question 2015 was a “great year” for the St. Louis retail market, says Adam Glosier, senior vice president with Colliers International. “New users entered the market and few vacated. The St. Louis retail landscape benefitted from the continued expansion of organic grocers, sporting goods operators, quick service restaurants and soft goods retailers.” >> CLICK FOR MORE
    Chameleon opens D.C. office to support $70 million in federal work
    (St. Louis Business Journal, 1/8/16)
    Chameleon Integrated Services, a St. Louis-based IT services firm, has opened a Washington, D.C., office to help support more than $60 million worth of work the company has won over the last several months with the Defense Information Systems Agency. >> CLICK FOR MORE
    Free entrepreneurship program for Ferguson residents
    (St. Louis American, 1/6/16)
    Ferguson residents can still sign up for a free course to develop and sharpen their “entrepreneurial mindsets,” held at Lindenwood University’s North County Center in Ferguson. The course starts on January 25. >> CLICK FOR MORE
  • Statement of the St. Louis Regional Chamber Regarding the St. Louis Rams Relocation Request

    Jan 06, 2016

    Like many that care deeply for our region, the St. Louis Regional Chamber is disappointed with the statements made about St. Louis by the Rams ownership in its relocation request to the National Football League.  While we understand that criticizing the region and providing isolated statistics out of context is a negotiating tactic, the Chamber expected better from an organization that enjoyed the strong support of St. Louisans for 20 years and that represented our region in the NFL and across the country. 

    Greater St. Louis is one of the largest economies in the U.S., hosting the headquarters of six of America’s largest private companies, 19 Fortune 1000 headquarters and ranking as the 20th largest U.S. metro area for both total employment and total personal income. It is no coincidence that we also rank 20th out of the 32 NFL markets in these categories, and we rank similarly in the size of our media market and are well below the NFL average in terms of cost of living, which increases our market’s purchasing power.  And far from being “struggling” compared to all other U.S. cities, St. Louis is experiencing an entrepreneurial renaissance, recently ranking first in the world for growth in tech venture capital investment and being named one of the best start-up cities in America.

    In key demographic categories, St. Louis is comparable to the Denver Broncos, Pittsburgh Steelers, Cleveland Browns and Tampa Bay Buccaneers, among others.  It is worth noting that, like St. Louis, all of these regions successfully support three professional teams. 

    The Regional Chamber’s analysis has shown that being an NFL city is economically important to St. Louis.  The proposed stadium will produce significant positive economic, fiscal and qualitative impacts for our region, creating jobs and ensuring St. Louis remains a major league center for sportsWe look forward to the National Football League ownership’s favorable review of the stadium proposal in the coming weeks.