9,539
Life MemberLife Member
9,539

PostJan 03, 2020#126

The one right next to the newly opened $10,000,000 metrolink transit spot? Yes, yes I do. And the CWE project next to metrolink station that will have 400 parking spots for 400 units

5,261
Life MemberLife Member
5,261

PostJan 03, 2020#127

dbInSouthCity wrote:And the CWE project next to metrolink station that will have 400 parking spots for 400 units

Sounds like a new project. Or else I’m reading wrong.

Anyway, subsidized garages are not what St. Louis City needs. No more.

398
Full MemberFull Member
398

PostJan 03, 2020#128

addxb2 wrote:
Jan 03, 2020
^ Can back that up...
I’ve had two coworkers lose locked vehicles from the lot at Tucker and Convention Plaza.

I’m not easy to fear away, but I discourage everyone I know to avoid the surface parking lots north of Washington.
Well - I work north of Washington.  Our company employees park on surface lots at 10th and Convention,  under the Globe building, and also in the C9 garage.  Now, while I can admit in the past there have been purse snatching around the C9 garage, I am not aware of any car thefts. and personally I have had zero issues.  I have been there since 2002.  Perhaps I select vehicles that are not targets, or I leave valuables out of sight - but I have a pretty good track record.   I am not naive, I know things happen, I am just articulating my experiences.

9,539
Life MemberLife Member
9,539

PostJan 03, 2020#129

chriss752 wrote:
Jan 03, 2020
dbInSouthCity wrote:And the CWE project next to metrolink station that will have 400 parking spots for 400 units

Sounds like a new project. Or else I’m reading wrong.

Anyway, subsidized garages are not what St. Louis City needs. No more.
It’s those two recently announced  that are close to each other next, new buildings on Debaliviere . I think it’s it’s 290 and 150, so 440
Total

66
New MemberNew Member
66

PostJan 06, 2020#130

Will this innovation district entail new buildings being constructed? Does anyone have new information regarding this district and who/what will be put in here?

sc4mayor
sc4mayor

PostJan 06, 2020#131

thestlguy wrote:
Jan 06, 2020
Will this innovation district entail new buildings being constructed? Does anyone have new information regarding this district and who/what will be put in here?
Short answer is yes.  They do plan on constructing new buildings, I believe a master plan is being developed by Trivers for the area.  Those details haven't been made public yet.  As of right now, Square and an estimated 1,400 or so Square employees are the only known tenant.

2,481
Life MemberLife Member
2,481

PostJan 07, 2020#132

thestlguy wrote:
Jan 06, 2020
Will this innovation district entail new buildings being constructed? Does anyone have new information regarding this district and who/what will be put in here?
The long-term vision is patterned after Cortex, albeit without the institutional involvement (so far), but with potentially much more initial private investment.  So, consider what the plan for Cortex was two decades ago, and how it has developed since.  

9,539
Life MemberLife Member
9,539

PostJan 07, 2020#133

sc4mayor wrote:
Jan 06, 2020
thestlguy wrote:
Jan 06, 2020
Will this innovation district entail new buildings being constructed? Does anyone have new information regarding this district and who/what will be put in here?
Short answer is yes.  They do plan on constructing new buildings, I believe a master plan is being developed by Trivers for the area.  Those details haven't been made public yet.  As of right now, Square and an estimated 1,400 or so Square employees are the only known tenant.
I thought it was 500 to 800

2,481
Life MemberLife Member
2,481

PostJan 07, 2020#134

dbInSouthCity wrote:
Jan 07, 2020
I thought it was 500 to 800
...
The developer, StarLake Holdings, is led by CEO John Berglund and Square board member Jim McKelvey. McKelvey co-founded Square with fellow St. Louisan and Twitter CEO Jack Dorsey, who also serves as CEO of Square. StarLake plans to renovate the six-story, 235,000-square-foot building as offices for as many as 1,400 employees, who would move in over the next few years.

Square already employs about 500 people in St. Louis’ Cortex tech district and plans to move them downtown when the building is renovated. Its application says it will employ 1,250 people in the building and hopes to complete construction by the beginning of 2021. Tarlton Corp. is the general contractor and Trivers is the architect. David Richardson of Husch Blackwell is representing the developer.
...
P-D - Post-Dispatch building developer seeks tax credits, subsidies to cover half of $70 million project

FWTW.

4,553
Life MemberLife Member
4,553

PostFeb 11, 2020#135

New York Times article on old newspaper headquarters being redeveloped for the 21st century, including a close look at Jim McKelvey's redevelopment of the Post-Dispatch Building: 

Your New Condo? That Was the Sports Desk 

A few highlights: 
  • McKelvey's real estate company plans to invest around $60 million in the renovation. 
  • "Hundreds" of Square employees will occupy "most" of the building.
  • And this rendering of the updated lobby: 

12K
Life MemberLife Member
12K

PostMar 19, 2020#136

The FDIC has given Square approval to operate a bank. I expect this will be a huge growth area for them. 

https://www.forbes.com/sites/donnafusca ... d4bccb3404

1,213
Expert MemberExpert Member
1,213

PostMar 19, 2020#137

I wonder about the timing of this, and whether it is purely coincidental. If not, it might mean that they are not in good shape. As a bank, they have access to a welfare net that they would not otherwise.

5,704
Life MemberLife Member
5,704

PostMar 19, 2020#138

kipfilet wrote:
Mar 19, 2020
I wonder about the timing of this, and whether it is purely coincidental. If not, it might mean that they are not in good shape. As a bank, they have access to a welfare net that they would not otherwise.
I take this as simply a smart business play on Square's part and probably has to do a lot more about the fact that Square does small business loans and such if not mistaken.  So why not pursue and the have an option of your Bank and or that ability to go through you own Bank.

From the Feds perspective, who knows if the virus issue is pushing them to get as many financials institution the flexibility they desire as possible.  Especially if they deal with a lot of small businesses.

1,864
Never Logs OffNever Logs Off
1,864

PostMar 19, 2020#139

kipfilet wrote:
Mar 19, 2020
I wonder about the timing of this, and whether it is purely coincidental. If not, it might mean that they are not in good shape. As a bank, they have access to a welfare net that they would not otherwise.
While the approval certainly comes at a bad time with coronavirus causing some economic heartburn,, Square would have had to submit their application months (if not longer) ago for this to get regulatory review.   I wouldn't view this as anything other than Square working towards a long term strategy of diversifying their business and expanding into areas that make sense.

6,118
Life MemberLife Member
6,118

PostMar 20, 2020#140

Honestly, this just makes good sense to me and I rather thought it had come up in this thread years ago.

2,928
Life MemberLife Member
2,928

PostMar 20, 2020#141

This economic go-around, banks may actually be part of the solution where before they were a core part of the problem. I'm listening to a Wells Fargo Financial analyst on Bloomberg TV right now talking about how US banks are essential for keeping liquidity going around as well as allowing everyday people to still have access to their assets while we all go through this pandemic. 

Square, as noted above, submitted for this some time ago as a regular part of their business. Perhaps the timing is just serendipitous. 

2,425
Life MemberLife Member
2,425

PostMay 18, 2020#142


sc4mayor
sc4mayor

PostMay 18, 2020#143

^ They already have 500 or so employees in town, so I’d imagine that will still end up being a sizable office. Whether or not it ever reaches the 1,300 count they discussed when they announced the move is probably an open question now.

I wouldn’t say it means they won’t continue to add jobs in STL though...may just have more people working from their homes.

9,539
Life MemberLife Member
9,539

PostMay 18, 2020#144

sc4mayor wrote:
May 18, 2020
^ They already have 500 or so employees in town, so I’d imagine that will still end up being a sizable office. Whether or not it ever reaches the 1,300 count they discussed when they announced the move is probably an open question now.

I wouldn’t say it means they won’t continue to add jobs in STL though...may just have more people working from their homes.
My office has a permanent WFH policy and we all still have a space at the office.

sc4mayor
sc4mayor

PostMay 19, 2020#145

^ Mine is similar to an extent. Our company as a whole doesn’t have a WFH policy but sales people have always been able, and encouraged, to work from home. Yet every rep still has a desk at their local branch office.

340
Full MemberFull Member
340

PostMay 19, 2020#146

Work for Square and just got the news today. WFH is only approved for employees meeting expectations, so we'll still have the office available for those who aren't as well as for people who feel more productive outside their homes. It's also my understanding that we'll still be adding employees in the STL region.

Sent from my XT1650 using Tapatalk


1,610
Totally AddictedTotally Addicted
1,610

PostMay 19, 2020#147

I'd imagine if they were originally planning on 1300 in the office space, they could instead do a flexible work space for [insert number of employees generated by Industrial Engineering metrics] 900 employees on any given day and assume the other 400 would be WFH/vacation/traveling/off site.

9,539
Life MemberLife Member
9,539

PostMay 19, 2020#148

Does that mean I have to take home my mug collection and photos of my dog at end of each day I’m at the office?

13K
Life MemberLife Member
13K

PostMay 19, 2020#149

And clean up Cheetos crumbs and empty coffee cups at the start of the day?

1,610
Totally AddictedTotally Addicted
1,610

PostMay 19, 2020#150

dbInSouthCity wrote:
May 19, 2020
Does that mean I have to take home my mug collection and photos of my dog at end of each day I’m at the office?
Where I used to work (and still do some side work), they gave each employee a pretty large filing cabinet to store personal belongings.  Surprising how many people seemed to think that they had "their" seat and would get upset/frazzled if someone else sat there.  Surprisingly, a building full of 200+ engineers were not the most receptive towards seat uncertainty.  

Read more posts (115 remaining)