Arch City, I hope for St Louis sake that Wexford being an out of town developer with some early successes doesn't end up on the path that another out of town developer with grandiose plans, renderings and promises that haven't amounted too much to date downtown. The renderings you posted remind me a lot of BPV.
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Looking around a bit past couple days it looks like the only significantly underutilized parking lot in Cortex that could handle a couple hundred new employees is the WashU Medical owned lot just west of the Crescent Building on Duncan and Newstead.
It's visible in addxb2'a post ^^ in the center left. Hopefully that can be utilized to accommodate Crescent users.
It's visible in addxb2'a post ^^ in the center left. Hopefully that can be utilized to accommodate Crescent users.
In it's subscription article on the LG plans for the Federal Mogul site and all the surrounding boom, the Biz Journal stated that Cortex is planning two biotech buildings on the newly acquired "Midtown Station" site and that they may open by end of 2017.
That would be huge if true... anyone have insight into this? Earlier reporting iirc was that Cortex did not have any quick plans for the site and perhaps the BJ just got confused with the Wexford site; however, the article mentioned Wexford's plans seperately. Really, really hard to keep up with everything over there, which is a good thing!
That would be huge if true... anyone have insight into this? Earlier reporting iirc was that Cortex did not have any quick plans for the site and perhaps the BJ just got confused with the Wexford site; however, the article mentioned Wexford's plans seperately. Really, really hard to keep up with everything over there, which is a good thing!
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^ roger, what article are you referring to? are you talking about the COMPANY LG? or were you abbreviating something else?
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oh, of course. duh.goat314 wrote:^ probably Lawrence Group.
also, i can live with the demolition of the three buildings on Boyle (although i'm pretty fond of the red brick one with the stone foundation). it's really really sh*tty, however, that they want to tear down the one next to TechShop on FPA as well. i just can't understand, given the amount of vacant land in the area, whey we continue to raze perfectly good buildings. does this type of thing happen to the same extent in non-dysfunctional cities with significant historic stock? i'm thinking of DC in particular. It seems they go out of their way to incorporate their historic buildings—even the less spectacular ones—into new construction.
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^ thanks, moorlander, that's the snippet I was referring to.
So what do folks think? If indeed those two biotech buildings mentioned that might open in 2017 are separate from the Wexford development I think that would indicate things are superhot behind the scenes, with a number of tenants waiting for space; otherwise I don't think Cortex would proceed with anything lab/office related east of Vandeventer before Wexford gets a solid fill up of the US Metals site.
So what do folks think? If indeed those two biotech buildings mentioned that might open in 2017 are separate from the Wexford development I think that would indicate things are superhot behind the scenes, with a number of tenants waiting for space; otherwise I don't think Cortex would proceed with anything lab/office related east of Vandeventer before Wexford gets a solid fill up of the US Metals site.
^ Actually, just confused by the statements being made. For one Cortex lists off a number of possibilities for the temporary parking they created by demo but the list runs the gambit & tells me that they don't know themselves. But might have a parking solution in 12 months. That never sounds good coming out of St. Louis. At same time they talk about two biotech buildings for Vande site by 2017 which is a year away but not one word when Wexford might be in a position to break ground on US Metals.
Would like to go with RW's optimistic superhot behind the scenes but walking the talk is whole lot more difficult to pull off.
Would like to go with RW's optimistic superhot behind the scenes but walking the talk is whole lot more difficult to pull off.
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Visa bought 10% of Square. Stock price jumps overnight.
http://www.bizjournals.com/sanfrancisco ... quare.html
Most start-up founders want to be bought. Was that the idea with Square?
http://www.bizjournals.com/sanfrancisco ... quare.html
Most start-up founders want to be bought. Was that the idea with Square?
I don't know if that was their goal, but the reason a lot of small businesses have chosen Square is because they didn't like or couldn't afford the expensive fees charged by Visa and MasterCard.
I hope Visa doesn't bunk it up for small businesses by coming in pushing their 10% weight around.
I hope Visa doesn't bunk it up for small businesses by coming in pushing their 10% weight around.
^ Also a consideration, Visa is heavily invested in Silicon Valley/Based in Foster City believe with a huge campus along Hwy 92 if I recall correctly. Hope Visa doesn't convince Square to remain strictly a San Fran based operation by encouraging them to pull back on its intended St. Louis expansion. I was much more excited about the possibilities when MasterCard announced a small presence in CORTEX.
But maybe I'm mistaken and VISA sees Square expanded St. Louis presence as a way to grow small business opportunities in a low cost area. In other words, Squares move to realign some operations in St. Louis actually convinced Visa to take a stake in them before Mastcard would. My other wishful thought, Square pulls back on its San Fran data center ops and looks towards St. Louis as an opportunity to build its own facility in the central corridor or reutilize downtown space (thinking of the massive space available in Railway Exchange building).
But maybe I'm mistaken and VISA sees Square expanded St. Louis presence as a way to grow small business opportunities in a low cost area. In other words, Squares move to realign some operations in St. Louis actually convinced Visa to take a stake in them before Mastcard would. My other wishful thought, Square pulls back on its San Fran data center ops and looks towards St. Louis as an opportunity to build its own facility in the central corridor or reutilize downtown space (thinking of the massive space available in Railway Exchange building).
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That's pretty brilliant. I can see it! A few renovations and the Railway Exchange could look like Square's logo from above.
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^I like that idea.
Square was conceived in St. Louis, so why not put data in some of that building - especially considering that downtown is a data hub?
It would be a great marketing opportunity for Square to marquee that building while giving a nod to downtown and St. Louis.
Square was conceived in St. Louis, so why not put data in some of that building - especially considering that downtown is a data hub?
It would be a great marketing opportunity for Square to marquee that building while giving a nod to downtown and St. Louis.
^ I've heard rumors that Jack Dorsey plans to invest big in downtown St. Louis, but I don't know how true it is and what capacity. The person just said, expect something BIG....real BIG for downtown St. Louis, something that will potentially bring a lot of jobs and development to the city. Obviously it will be tech related but the talk is that Dorsey wants to leave his mark on the city in a real way and in a number of ways.
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I know this is off thread, but if one were to make the Railway Exchange into a data center and brand the roof, there are many options.
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I don't follow corporate affairs to much. Is there even a small chance he's considering relocating Twitter?
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Daydreaming here: Dorsey announces plans to lease out AT&T tower and opens up a major Twitter and Square office there. Whatever room isn't used is converted into more tech incubator space and Cortex opens up a downtown St. Louis location as well.
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twitter is struggling so I don't see it being able to bring a significant number of jobs here, especially after making such a heavy commitment to their new-ish SF HQ. And relocating the HQ would seem to be a non-starter. So maybe a bigger presence from Square is more likely. But Jack still has a lot of jack, so maybe he has something entirely new up his sleeve. Or maybe nothing at all!
Agree with RW, I don't see if Twitter and or Square giving up San Fran HQ any time soon. Too much capital and wordly/global presence. Especially for Twitter. Nor does ATT one center make any sense as Twitter is publically held and under pressure to grow users which like Facebook needs to be global and bring costs in line with expectations. Twitter going forward will downsize employee count just as Yahoo announced this week.
Square moving most its day to day ops to St. Louis with its heavy financial services presence and a joint St Louis Twitter/Square data center consolidation/presence makes a lot more sense to me. For data centers think Google & Facebook, they have been building them everywhere except Bay Area because its just a better business proposition.
Square moving most its day to day ops to St. Louis with its heavy financial services presence and a joint St Louis Twitter/Square data center consolidation/presence makes a lot more sense to me. For data centers think Google & Facebook, they have been building them everywhere except Bay Area because its just a better business proposition.
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I'll take a stab at that....dredger wrote:^ Actually, just confused by the statements being made. For one Cortex lists off a number of possibilities for the temporary parking they created by demo but the list runs the gambit & tells me that they don't know themselves. But might have a parking solution in 12 months. That never sounds good coming out of St. Louis. At same time they talk about two biotech buildings for Vande site by 2017 which is a year away but not one word when Wexford might be in a position to break ground on US Metals.
Would like to go with RW's optimistic superhot behind the scenes but walking the talk is whole lot more difficult to pull off.
I think things are very fluid over there with a number of serious discussions; the main thing they are looking at is nailing down the jobs nodes as its first priority and if they can indeed land the office space then they'll be able to fit in the retail/residential/hotel pieces of the puzzle in relatively quickly. Again I am pretty optimistic and expect to hear some solid announcement this winter.... if things are quiet well into the spring then I'll start to get a bit ancy.
I think the MU system would benefit from getting involved in the cortex. I think a very small fifth campus (1-2 buildings) would be nice to have. Maybe a tech program where students studying tech related fields at the other campuses are relocated for a semester/year/summer to participate in advanced internships.
"University of Missouri - CORTEX"
"University of Missouri - CORTEX"
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Another good suggestion was having a Rolla S&T branch over here. Mizzou does have a small presence over at the @4240 building, but I don't think it has anything to do with instruction/research.
^^I like the idea!! I think a technology driven expansion of the College of Veterinary Medicine would be a good fit, perhaps a teaching hospital as well. It fits in with medical nature of BJC as well as bio-tech, plant & animal sciences.
Plus, St. Louis being home to Nestlé Purina, Royal Canin, Nature's Variety, Purina Mills and NOVUS. I'd like to see our animal nutrition industry become more of a visible player and collectively push St. Louis as the recognized leader in the category.
Plus, St. Louis being home to Nestlé Purina, Royal Canin, Nature's Variety, Purina Mills and NOVUS. I'd like to see our animal nutrition industry become more of a visible player and collectively push St. Louis as the recognized leader in the category.