STL Technology News

The thriving technology scene covering startups, incubators, investors, etc.
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^ filling up downtown CBD as much as possible is best imo. Cortex will be okay. Hopefully we'll hear something firm on Square's plans for local expansion and hopefully downtown is the destination.
STLrainbow wrote: ^ filling up downtown CBD as much as possible is best imo. Cortex will be okay. Hopefully we'll hear something firm on Square's plans for local expansion and hopefully downtown is the destination.
Interesting side article on how Sofi withdrawing its application to form a bank might clear way for Square. It would interesting to know how much Square wants to do out of St Louis as they expand their footprint. I'm sure their is a lot of places to charter a bank other then Cali but most likely in paper only.

https://www.bizjournals.com/sanfrancisc ... -bank.html

The Journal noted that with Sofi withdrawing its application to run “an industrial company,” it clears the field for San Francisco-based payments company Square, which filed its own application in September to launch that type of bank.
A nice write up on small by growing tech firm Boundless.

The thought that came across my mind is this would be about the right size company and square footage to make its move out of T-Rex and take up on some space on a new Wash Ave modern/sleek small 3-4 corner story office building instead of some goofy out of place smallish townhouse plan.

http://www.stltoday.com/business/local/ ... 67a0d.html
Rate of new high-tech jobs in St. Louis doubles
The rate at which new high-tech jobs are being created in St. Louis has doubled, putting the city among the 10 fastest growing cities in America for such careers....In all, St. Louis added about 3,500 new high-tech jobs between 2015 and 2016, bringing the region's total at the end of 2016 to 22,733 high-tech workers. For perspective, San Francisco, once again the fastest-growing city for such job growth, has nearly 80,000 high-tech workers.
source
https://www.bizjournals.com/stlouis/new ... ubles.html
According to Colliers/BLS - guess it depends on how you define a tech job...
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^Is it just me or does everyone else just see a circle with a dash in the center?
Trying again...

According to Colliers/BLS - guess it depends on how you define a tech job...

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^ Thanks for fixing. Interesting numbers. Considering a job to be "tech" could have a lot of gray area. Take an average software firm, they'll have a number of software developer/engineers (which I think any count would consider as a tech job), but likely also a number of employees in quality assurance, project management, sales, help desk, customer support, etc all which could range from being very technical to not very technical at all.

Quality of tech jobs are also key. For example, a software engineering job would generally be more lucrative than say tech support.
https://inmostcity.com/index.php/2017/1 ... /#more-147

A sobering view of the startup scene in St Louis.
Could some of this influx start landing in STL?

http://www.businessinsider.com/san-fran ... ces-2018-3
ImprovSTL wrote:
Tue Mar 06, 2018 1:58 pm
Could some of this influx start landing in STL?

http://www.businessinsider.com/san-fran ... ces-2018-3
Wouldn't put much faith in it as economic driver to bet on for the St. Louis region.

The big tech companies therefore the big job creators of the likes of Google, Facebook, Salesforce and Apple have all double downed in the Bay Area. I think Apple is the only one who has reached out and announce a similar second campus like Amazon in the future & believe that Google, Facebook and the likes have kept expansions to mostly large expensive metro areas. Its almost like we will pay you a little better to live in a very expensive area but if you want a job with us you need to figure out how to make it work.

What surprises me is that CORTEX/Wexford hasn't been able to pull some large tenants from respective coasts in life science/big pharma. The Bay Area and Boston have huge life science/pharma presence but the large cost of business to go with it. CORTEX seems ideally suited and region ideally located for back office lab work to compliment existing coastal research centers.
I think we'll be seeing more of Square sooner than later.
^Can you share more info?
Also, would love to know more about the existing jobs as to how tech they are. For example, are there software engineers there writing code or more support?
Might not be best thread to post this article but believe web/article photo on website is new Wexford/Microsoft building in CORTEX. Can anyone with pay wall give some insight on any tidbits of note? I think their has been some references for more to come in CORTEX later this year.

Also wanted to use the article for ^^ Anything share on Square or just a feeling. Still think it would be killer if Square would go downtown and expand into RX

https://www.bizjournals.com/stlouis/new ... -real.html

Our CRE Dealmakers issue features insight from some of the top brokers in the region spanning all markets.
Getting behind the paywall is easy and it's legal.

1. Read the desired article on your mobile phone.
2. Click on the desired link to be read.
3. Apply enough pressure (not hard) with your thumbs against the glass as the article is trying to transition to the pay wall.
4. Keep applying enough pressure with your thumbs to keep the article fully available.
5. Hold at least one of your thumbs in place while scrolling through the article.
6. The minute you lessen thumb pressure, the article will go behind the pay wall.
7. Start over if desired.

I do it all the time.

Shhhhhhhhh! :wink:
Also if you time it right, on some browsers, you can hit the stop loading button before the paywall kicks in and see the whole thing.
Blue Chip IT opening St. Louis office. Anyone have idea where they will set up shop? Don't believe PD article stated office location and Biz Journals behind pay wall

http://www.stltoday.com/business/local/ ... 9cf45.html

Cleveland IT firm Blue Chip Consulting is entering the St. Louis market by opening an office that will have 40 employees.
No word in the Biz Journal either.
Business Insider - I moved from a big city to a smaller one — and learned being a big fish in a small pond is way better for your career

http://www.businessinsider.com/washingt ... -my-career
T-Rex is getting $5M in New Markets Tax Credits and a grant from Monsanto to build a geospatial resource center on the 20,000 sq. ft. 4th floor of The Lammert.

https://www.bizjournals.com/stlouis/new ... build.html
STLrainbow wrote:
Fri Apr 20, 2018 5:24 pm
T-Rex is getting $5M in New Markets Tax Credits and a grant from Monsanto to build a geospatial resource center on the 20,000 sq. ft. 4th floor of The Lammert.

https://www.bizjournals.com/stlouis/new ... build.html
Same floor as the mapping software company Boundless Geospatial. Anyone know of any other companies in T-Rex (or anyone besides NGA in STL, really) that would be driving this?
NGA contracts alone are enough to have a pretty healthy industry here in that field. But its also used for all kinds of things like utilities, oil and gas exploration, commercial developments, streets, ect
Precision Agriculture is a big driver in geospatial technology. Thus the reason for the $500,000 donation from Monsanto. There are at least 3 companies within the geospatial arena who are in discussion to move within the T-REX building which is over flowing with companies at this point.
aprice wrote:
Mon Apr 23, 2018 3:50 pm
STLrainbow wrote:
Fri Apr 20, 2018 5:24 pm
T-Rex is getting $5M in New Markets Tax Credits and a grant from Monsanto to build a geospatial resource center on the 20,000 sq. ft. 4th floor of The Lammert.

https://www.bizjournals.com/stlouis/new ... build.html
Same floor as the mapping software company Boundless Geospatial. Anyone know of any other companies in T-Rex (or anyone besides NGA in STL, really) that would be driving this?
I don't think they will have any trouble filling it up. I am in the industry and work for a company that was considering moving over there early to get ahead of everyone else, but in the end decided against it. As others have mentioned there are a lot of companies in the area that will want to be involved.