• Statement of the St. Louis Regional Chamber Regarding the Decision of the National Football League

    Jan 13, 2016

    With its decision yesterday to allow the Rams to leave St. Louis, the National Football League ownership has let down hometown fans and cities across our country.  Despite a viable and exciting stadium proposal and the strong support of the community of Rams fans, the League has astonishingly chosen to throw away 20 years of backing and a market that ranks solidly among current NFL cities.

    The spirit and the letter of the NFL policy and procedures for franchise relocations are intended to reward fan loyalty and support and promote stable relations.  Unfortunately, St. Louis was not given a real chance to remain an NFL city — not by the owner of the Rams and not by the League.

    We are very proud and grateful to the true St. Louis team:  Led by Bob Blitz and Dave Peacock, St. Louis put together a very strong and fair proposal in a short period with backing from the business community – most notably Enterprise Holdings, Inc., and from the public sector – most notably Governor Jay Nixon, Mayor Francis Slay, President Louis Reed and the St. Louis City Board of Aldermen.  

    Their great work follows the stellar performance of the Regional Stadium Authority and the Convention and Visitors Commission. They went to extraordinary lengths to engage the Rams in negotiations for a new stadium to keep the NFL in St. Louis for decades to come. It is not their fault that they were rebuffed.  In particular, Kitty Ratcliffe, CVC President, has effectively led us through a complicated relationship with complex challenges for a long time.

    We learned a lot in this process.  We learned St. Louis can do great things. We saw what civic and business leadership, collaboration, and determination can accomplish.   Just as we came together as a region for football, we can and will come together to grow our economy in an equitable way.  That includes repurposing the money from the football stadium to improve our convention center, the Scottrade Center, and to finish the land acquisition on our riverfront, investments that will grow our economy.

    It also means keeping our attention on creating jobs around our regional strengths and focusing on the fundamentals by delivering high-quality education and job training to all residents in our region, attracting the best talent to St. Louis, and supporting our entrepreneurs and innovators.

    NFL football was worth pursuing. But, St. Louis is a great region, and with or without football we will make it even better. 

  • 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