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PostJul 01, 2014#151

I thought this should be in the Technology section as well.

StationDigital Moves Corporate Headquarters to Prominent St. Louis Building to Access Top Software Talent and Expand its Branding Efforts
ST. LOUIS, June 30, 2014 /PRNewswire/



Modern Building is Centrally Located in the St. Louis Area - Company Leasing 13,000 Square Feet of LEED Silver Space

ST. LOUIS, June 30, 2014 /PRNewswire/ -- Internet radio and digital broadcast platform provider StationDigital, Inc. today announced it has moved its corporate headquarters from Los Angeles to a building in St. Louis in order to attract top-tier talent and boost its branding efforts. It is leasing 13,268 square feet at The Highlands Plaza Two, located at 5700 Oakland Ave, Suite #200.

StationDigital chose St. Louis for its low cost of living and its abundance of quality software development talent that comes from area firms such as CenturyLink/Savvis, Visa, MasterCard, A&B, Rawlings, Energizer, Stifel Nicolaus, Ralston Purina, and US Bank, among others. The company is retaining an office presence in its former headquarters in Los Angeles in order to maintain its strategic ties to the entertainment and music industries.

StationDigital has signage rights on the building, with its sign to be viewed by more than 175,000 daily drivers from the I-64 highway. The building is centrally located between downtown St. Louis and the west county area, making it an attractive work destination for a large number of commuters. The Class A office suite comes fully furnished with modern items from Florence Knoll and Haworth. It's a LEED Silver classified building and offers free covered parking and several other amenities for tenants.

"Moving our headquarters to Saint Louis is an exciting chapter in the expansion and evolution of the company," said Lou Rossi, Chairman of the Board and CEO of StationDigital. "St. Louis provides companies like ours with a vibrant community, a low cost of living, and access to top-tier talent that will allow us to hire locally and build out a great team. We also wanted a centrally-located building with signage rights in order to build our local branding image to further promote the company as a place to work and the best choice for music streaming."

"As part StationDigital's strategic plan, we were searching for a corporate headquarters site that would support their branding and marketing initiatives. The Highlands Plaza Two, 5700 Oakland Ave, was the perfect high image, high identity building site in the West County where StationDigital will have building signage visibility from I-64 and a great location to attract the technology employees, and close to amenities and service for their employees" said their exclusive corporate real estate agent Nancy Morse CCIM, SIOR, Senior Vice President Cornish & Carey Newmark Knight Frank.

StationDigital provides quality streaming content through its library of more than 20 million songs. It features a personalized listening experience that allows users to build custom music playlists based upon themes and interests. It also offers the SD Rewards program which helps users earn virtual currency for listening to music and sharing StationDigital with friends on social media.

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PostJul 01, 2014#152

Prominent? It's a very nice building and it's on the I-64 corridor but it's not what I'd consider prominent.

Thrilled to death to have StationDigital in St. Louis, and in the city proper specifically though. Hopefully this is the start of a trend.

-RBB

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PostJul 14, 2014#153

Looks like the acquisition of Yurbuds by Harman will allow for job expansion.... Yurbuds will head up the headphones division and likely will add to its current roster of 40 employees:
http://www.bizjournals.com/stlouis/blog ... l?page=all

We need some of these 30-50 employee companies that have cropped up downtown to become 300-500, but its a start.

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PostJul 14, 2014#154

I want bigger tech jobs announcements for St. Louis too. But I also feel that you must crawl before you walk.

Check this......in one week alone, there's been an announcement that Station Digital is moving from L.A. to St. Louis, Harman's Headphones division will operate out of St. Louis and now Upside Financial has solidified their St. Louis engineering office because its President and co-founder is relocating to St. Louis.

Upside co-founder is moving to St. Louis

I think the little things, like this move by the President, will eventually lead to bigger things for St. Louis. Imagine how this guy's move to St. Louis will have his Silicon Valley circle of friends and colleagues talking.

I suspect Harmon will be pouring money into the Headphones division if it plans to compete with Apple's Beats. More research and tech jobs certainly could be on the way.

There's more work to be done, but I think St. Louis is going to sneak up on other established tech hubs; and within the next decade it will become respected tech hub.

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PostJul 19, 2014#155

A little more details on the data center in Wellston on a good article in the St. Louis Construction news website.

http://www.stlouiscnr.com/features/arti ... is_county/

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PostJul 19, 2014#156


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PostJul 24, 2014#157


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PostJul 24, 2014#158

Arch Grants: the gifts that just keep on giving.

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PostJul 25, 2014#159

arch city wrote:This is a big haul for a local tech firm.

Medical technology firm Lumeris raises $71 million in venture capital
Today's business journal article on Lumeris it mentions a plan to hire 120 employes before the end of the year.

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PostJul 25, 2014#160

^ I wonder if they would entertain a move to CORTEX. Seems like a good fit

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PostJul 25, 2014#161

http://www.newrepublic.com/article/1188 ... creativity

This is an interesting article in the New Republic. I think it is worth a read.

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PostJul 25, 2014#162

moorlander wrote:
arch city wrote:This is a big haul for a local tech firm.

Medical technology firm Lumeris raises $71 million in venture capital
Today's business journal article on Lumeris it mentions a plan to hire 120 employes before the end of the year.
Another nice haul was BioSTL receiving a $30 million grant from JP Morgan.

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PostJul 25, 2014#163

roger wyoming II wrote:
moorlander wrote:
arch city wrote:This is a big haul for a local tech firm.

Medical technology firm Lumeris raises $71 million in venture capital
Today's business journal article on Lumeris it mentions a plan to hire 120 employes before the end of the year.
Another nice haul was BioSTL receiving a $30 million grant from JP Morgan.
I thought it was a piece of $30 million grant...

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PostJul 25, 2014#164

^ my bad... yes, there's 10 other cities so maybe $3 million.

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PostJul 26, 2014#165

Not sure where to put this, but not sure I've seen it mentioned on this forum.

You can vote daily to get T-Rex $15k (Pulaski Bank). There's also another local organization on the list though I'm not familiar with them.

http://www.fhlbforcommunity.com/voting

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PostJul 29, 2014#166

Pretty cool that T-Rex has passed the century mark with housing start-ups.

Also, Biz Journal reports some good news for two city-based companies involving out-of-state deals: Appistry will be having a Buffalo presence thanks to a NY state start-up program and RF Controls created a joint venture with Stanley Black and Decker in Georgia.... hopefully these will boost employment in Saint Louis as well through increased bottom lines.

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PostJul 30, 2014#167

Please support T-REX by VOTING EVERY DAY through Friday August 1 for them as they try to earn $15,000 from the Federal Home Loan Bank. Thank you to Pulaski Bank for nominating T-REX - http://www.fhlbforcommunity.com/voting

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PostJul 31, 2014#168

While he'll continue to be involved in Saint Louis projects to some extent, Jim McKelvey is moving to Miami.
http://www.bizjournals.com/stlouis/blog ... hcode.html

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PostJul 31, 2014#169

:?

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PostJul 31, 2014#170

I just read he's going to expand LaunchCode in Miami but the base of LC will remain here which is good news..

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PostAug 01, 2014#171

I have a tough time putting complete faith in that line. He needs funding if he wants to go national let alone international. Might be putting the horse before the cart on whether LaunchCode is far enough along but in the back of my mind I go back to a speech that I believe Jack Dorsey gave at Wash U on how big Square was going to be for St. Louis. Instead, he went to San Fran and for all intents and purposes his investment in St. Louis has been minimal..

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PostAug 01, 2014#172

dredger wrote:I have a tough time putting complete faith in that line. He needs funding if he wants to go national let alone international. Might be putting the horse before the cart on whether LaunchCode is far enough along but in the back of my mind I go back to a speech that I believe Jack Dorsey gave at Wash U on how big Square was going to be for St. Louis. Instead, he went to San Fran and for all intents and purposes his investment in St. Louis has been minimal..
Square is big for Saint Louis in that it helps small business. Perhaps you read too much into his spiel.

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PostAug 01, 2014#173

^ hope I read too much into his spiel.

I think it is pretty significant of what happens when executives or founder, in the case, decides where to live or not live. Whether it is a tech company or not. That is the point I was trying to make, In case of Square you could argue that a significant investment in commercial square footage and jobs is in San Fran instead of St. Louis because Jim's partner, Jack Dorsey, either decided to kept it close to his new home in San Fran & Twitter and or the capital/board that backs square wants it in San Fran. What I hope, for St. Louis sake, is the same will not happen with launch code. A great idea, a great business plan has to go outside of St. Louis in order to expand on a national platform.

You could also argue that Amazon helps small business so it must be big for St. Louis. The difference of course is Amazon was founded in Seattle and has made huge investment in commercial square footage and jobs that everybody wish happens for downtown or midtown, etc. Instead, we slam Slay for not being able to convince RGA executives to move downtown or not being able to convince DeWItt/Cordish to sell off part their footprint to Centene.

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PostAug 01, 2014#174

Oh, well it honestly doesn't make sense for Square or Twitter to be here in my opinion. Better ideas and paradigms bubble up in hotbeds of technology due to the exchange of diverse ideas inherent in concentrated areas of technical excellence.

St. Louis' high tech/startup ecosystem is growing and improving but it's a far cry from Silicon Valley. There are certainly reasons to be proud of what's happening here but there's plenty more work to be done.

Anyway, it's not as if LaunchCode is likely to be a big, growth company. At its core, it's a job placement company in the IT industry. Right now the focus is in teaching programming and mentoring to serve as talent feeders into local industry.

I think it's a wonderful idea, though, in that it expands the # of programmers in the pie. Prospectives don't need a college degree, let alone one in computer science. Because of the people backing it, it seems more credible than the likes of DeVry, ITT Tech, Ranken etc..

The former are LC's competition in my eyes, although their models appear different. While DeVry and their peers charge students a chunk of change, LC charges them little or nothing. Instead, I presume LC monetizes via a finder's fee from corporations that it feeds talent.

It's not highly scalable, although perhaps someday it could. In any case, I have no doubt that McKelvey will think big.

There are better ways to find higher level talent, though. Particularly, by expanding visa programs. This isn't a shortcoming of LaunchCode, it's just that there are striations of talent and LC focuses on the lower-levels.

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PostAug 06, 2014#175

Missouri tech industry slowing or other States growing faster?

http://www.bizjournals.com/stlouis/blog ... -tech.html

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