Does anyone know someone with Techshop that would be best to talk to about buying that equipment?
Article I read said that Techshop leases the equipment from Cortex. So it'd be Cortex you'd want to contact.pattimagee wrote: ↑Nov 15, 2017Does anyone know someone with Techshop that would be best to talk to about buying that equipment?
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I wonder if Cortex already owns the equipment and already is subsidizing the project if they could just go ahead and run its own version of TechShop.
^Today's article says no:
“We have no plans of keeping it open,” Lower said of the studio. Cortex has 355 companies, including several hundred startups, situated in the district.
“We intend to make the space available to other tech tenants,” Lower said of TechShop’s space. “We presently don’t have enough space for the requests we have.”
http://www.stltoday.com/business/local/ ... 1bc64.html
“We have no plans of keeping it open,” Lower said of the studio. Cortex has 355 companies, including several hundred startups, situated in the district.
“We intend to make the space available to other tech tenants,” Lower said of TechShop’s space. “We presently don’t have enough space for the requests we have.”
http://www.stltoday.com/business/local/ ... 1bc64.html
From the Cortex Facebook page:
"Attention TechShop STL Members
Cortex, Third Degree & Jim McKelvey plan to reopen the Cortex maker space
November 17, 2017 [St. Louis] – Moments after the news of TechShop’s sudden bankruptcy was announced, a team of St. Louisans joined efforts to save the maker space for the continued benefit of the St. Louis region.
“I was flying to Phoenix when I read the news, and immediately contacted Dennis Lower at Cortex and Doug Auer at Third Degree. In our first conversation everyone agreed that we needed to act fast to resurrect this important community asset. Within 24 hours, we had a workable plan,” said Jim McKelvey, St. Louis native and co-founder of Square.
Dennis Lower, president and CEO of Cortex, noted that, “Our first concern is the folks in St. Louis who were running their businesses through TechShop. This is the height of the Holiday season and orders need to be filled.” The team immediately committed to reopen the maker space in its current location through the end of the year as a new corporate entity, with Third Degree as the operator.
“I remember the original TechShop in Menlo Park, CA. It was not a fancy place, but people made great things there, and the maker community was an inspiration. We have that same community here and it deserves a home. I want my neighbors to feel the pride and satisfaction that comes from making something, and sometimes that requires a really awesome laser cutter,” said McKelvey.
The group has already begun searching for a permanent home after December. “We are evaluating several locations in the nearby community for a new facility, with the intent of reopening a worldclass maker space as soon as possible. We are committed to keeping it in the City of St. Louis,” said Doug Auer, co-founder of Third Degree Glass Factory. “As the new operator, Third Degree will hire several former TechShop employees, but use a business model more similar to Third Degree.”
“Doug is the perfect leader for this operation,” says McKelvey. “What Doug has built at Third Degree is physical proof of his ability to run a world-class maker space. People don’t realize that the Third Degree model is emulated around the world as the way to run a glass studio. That’s all thanks to Doug and the team at Third Degree.”
A special Venture Café maker gathering is planned for Monday, November 20th from 5-8PM in the @4240 Duncan Avenue building in Cortex. “Many operational details remain to be worked out among the team. At the special Venture Café night on Monday we will share information on how former TechShop members can access the space through December,” noted Lower."
"Attention TechShop STL Members
Cortex, Third Degree & Jim McKelvey plan to reopen the Cortex maker space
November 17, 2017 [St. Louis] – Moments after the news of TechShop’s sudden bankruptcy was announced, a team of St. Louisans joined efforts to save the maker space for the continued benefit of the St. Louis region.
“I was flying to Phoenix when I read the news, and immediately contacted Dennis Lower at Cortex and Doug Auer at Third Degree. In our first conversation everyone agreed that we needed to act fast to resurrect this important community asset. Within 24 hours, we had a workable plan,” said Jim McKelvey, St. Louis native and co-founder of Square.
Dennis Lower, president and CEO of Cortex, noted that, “Our first concern is the folks in St. Louis who were running their businesses through TechShop. This is the height of the Holiday season and orders need to be filled.” The team immediately committed to reopen the maker space in its current location through the end of the year as a new corporate entity, with Third Degree as the operator.
“I remember the original TechShop in Menlo Park, CA. It was not a fancy place, but people made great things there, and the maker community was an inspiration. We have that same community here and it deserves a home. I want my neighbors to feel the pride and satisfaction that comes from making something, and sometimes that requires a really awesome laser cutter,” said McKelvey.
The group has already begun searching for a permanent home after December. “We are evaluating several locations in the nearby community for a new facility, with the intent of reopening a worldclass maker space as soon as possible. We are committed to keeping it in the City of St. Louis,” said Doug Auer, co-founder of Third Degree Glass Factory. “As the new operator, Third Degree will hire several former TechShop employees, but use a business model more similar to Third Degree.”
“Doug is the perfect leader for this operation,” says McKelvey. “What Doug has built at Third Degree is physical proof of his ability to run a world-class maker space. People don’t realize that the Third Degree model is emulated around the world as the way to run a glass studio. That’s all thanks to Doug and the team at Third Degree.”
A special Venture Café maker gathering is planned for Monday, November 20th from 5-8PM in the @4240 Duncan Avenue building in Cortex. “Many operational details remain to be worked out among the team. At the special Venture Café night on Monday we will share information on how former TechShop members can access the space through December,” noted Lower."
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^ I started to comment on the more incomplete stltoday article before seeing your post... I think this is even better news now that it appears the current space will be freed up for other tenants and the new maker space will move elsewhere in the area. Finding an older building with a more industrial feel I think would be cool, but not sure where that would be available nearby in the near term. (Crescent would take a while.)
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They can have the entire vacant One AT&T Center. 44 floors of makers.
I thought the new Microsoft building was going to have shimmering, multi-hued metallic cladding. So far, all I see is pastel green.
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I believe the pastel green is the base layer that the final panels will be mounted to. Just my own observation though.
Mastercard opened a small operation in CORTEX about a year or so ago. Hopefully, CORTEX can get some new MC jobs too.
And hopefully, the 500 new NYC MC jobs won't come at the expense of St. Louis.
Mastercard to Hire 470 to Triple Size of Its Manhattan Tech Hub
MasterCard expansion in Flatiron District will create 473 new jobs
![]()
150 Fifth Avenue
And hopefully, the 500 new NYC MC jobs won't come at the expense of St. Louis.
Mastercard to Hire 470 to Triple Size of Its Manhattan Tech Hub
MasterCard expansion in Flatiron District will create 473 new jobs
150 Fifth Avenue
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These actually will probably come at the expense of the Purchase, NY headquarters.arch city wrote:Mastercard opened a small operation in CORTEX about a year or so ago. Hopefully, CORTEX can get some new MC jobs too.
And hopefully, the 500 new NYC MC jobs won't come at the expense of St. Louis.
Mastercard to Hire 470 to Triple Size of Its Manhattan Tech Hub
MasterCard expansion in Flatiron District will create 473 new jobs
150 Fifth Avenue
Sent from my iPhone using Tapatalk
^ I put the MC Cortex presence in the token gesture column but who knows, maybe one day they decide they need more room with its St. Charles ops and instead add capacity at Cortex or they simply just drop the Cortex office one day.
I'm curious is how Nestle-Purina St. Louis IT move/commitment of relocating its Cali workforce as part of its overall NA realignment is going to play out. Will it grow from a few hundred employees now to the 500-600 range or more? Will they keep current/expand downtown space/lease? or go all in on new space either downtown or CORTEX? I thought it was supposed to happen by end of year but believe it got pushed into in next year, quarter, but with possible expansion or growth of in presence/jobs overall if I understood correct/y from the PD article on Nestle-Purina from several weeks ago.
I'm curious is how Nestle-Purina St. Louis IT move/commitment of relocating its Cali workforce as part of its overall NA realignment is going to play out. Will it grow from a few hundred employees now to the 500-600 range or more? Will they keep current/expand downtown space/lease? or go all in on new space either downtown or CORTEX? I thought it was supposed to happen by end of year but believe it got pushed into in next year, quarter, but with possible expansion or growth of in presence/jobs overall if I understood correct/y from the PD article on Nestle-Purina from several weeks ago.
Behind the paywall, but these are the type of opportunities that seem to be tailor made for CORTEX/Wexford. Its insane to me the cost of business and housing out here in the Bay Area. Yet a lot of bioscience/drug companies seem to double down when you think that more companies would look to new places away from the Coast.
https://www.bizjournals.com/sanfrancisc ... -smith.htm
After a deal to outsource sales of the pain drug Nucynta, Newark-based Depomed will shed 40 percent of its workforce and look for a new headquarters in the Midwest or on the East Coast.
https://www.bizjournals.com/sanfrancisc ... -smith.htm
After a deal to outsource sales of the pain drug Nucynta, Newark-based Depomed will shed 40 percent of its workforce and look for a new headquarters in the Midwest or on the East Coast.
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It's always weird to me when people bring up St Louis' cheapness as a huge positive for the city. You do realize that there are reasons why St Louis is "affordable"? None of them are positive.
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In all fairness, I am having trouble identifying negatives to promoting the affordability of a city. Yes, some attributes of St Louis' affordability may not be bright, but that doesn't negate the fact that the metro area overall is significantly more affordable than the rest of the country. St Louis is one of the last major metros where home ownership is a realistic possibility.FoghornLeghorn wrote: ↑Dec 19, 2017It's always weird to me when people bring up St Louis' cheapness as a huge positive for the city. You do realize that there are reasons why St Louis is "affordable"? None of them are positive.
Hmm, please elaborate.FoghornLeghorn wrote: ↑Dec 19, 2017It's always weird to me when people bring up St Louis' cheapness as a huge positive for the city. You do realize that there are reasons why St Louis is "affordable"? None of them are positive.
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Decades of population loss, meaning not enough demand for existing housing so prices go down. It's also meant little new construction over these decades, so there's very little building stock that's new and new is what most people want. So prices continue going down. As to why people have been leaving St Louis? C'mon, the reasons have been beaten to death on this forum. Economy, crime, schools, inadequate housing again, etc.jambo wrote: ↑Dec 19, 2017Hmm, please elaborate.FoghornLeghorn wrote: ↑Dec 19, 2017It's always weird to me when people bring up St Louis' cheapness as a huge positive for the city. You do realize that there are reasons why St Louis is "affordable"? None of them are positive.
BTW, if St Louis becomes the kind of city most here want (booming economy, growing, tons of construction, etc) it will eventually become "unaffordable". Everyone i know in Austin is complaining about how that city is becoming unaffordable. Well, what did they expect?
I just bought a house in the last year. I didn't see any evidence of housing prices being down. And unless you are only talking about only inside the city limits, there are plenty of new builds in surrounding counties. There are also plenty of really good schools around, if we are using the whole region.FoghornLeghorn wrote: ↑Dec 19, 2017
Decades of population loss, meaning not enough demand for existing housing so prices go down. It's also meant little new construction over these decades, so there's very little building stock that's new and new is what most people want. So prices continue going down. As to why people have been leaving St Louis? C'mon, the reasons have been beaten to death on this forum. Economy, crime, schools, inadequate housing again, etc.
BTW, if St Louis becomes the kind of city most here want (booming economy, growing, tons of construction, etc) it will eventually become "unaffordable". Everyone i know in Austin is complaining about how that city is becoming unaffordable. Well, what did they expect?
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Well certainly the city's central corridor is growing but population growth is not necessarily the most important thing for a city/region... those with a reasonable income in legacy cities like Saint Louis, Pittsburgh and Cleveland can enjoy a very attractive quality of life that is beyond the reach of a high percentage of those employed in similar jobs in the priced-out parts of America.
Improving on our entrenched poverty should be the focus of our region, not population growth for the sake of population growth,
Improving on our entrenched poverty should be the focus of our region, not population growth for the sake of population growth,
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Agreed completely.STLrainbow wrote: ↑Dec 19, 2017Well certainly the city's central corridor is growing but population growth is not necessarily the most important thing for a city/region... those with a reasonable income in legacy cities like Saint Louis, Pittsburgh and Cleveland can enjoy a very attractive quality of life that is beyond the reach of a high percentage of those employed in similar jobs in the priced-out parts of America.
Improving on our entrenched poverty should be the focus of our region, not population growth for the sake of population growth,
This thread seems odd place to have discussion about affordability but two cents worth is St Louis like every other region has range of pricing. A couple takeaway's that I think are fair to say for the region. Their is still relatively cheap supply of home stock if sought out (whether like the neighborhood or not is a different story), St Louis City like Detroit is now land/infrastructure rich because of flight, and believe rent is not as cheap as one would think because the multi tenant construction boom in the region after the recession lagged behind the national trend (my step daughter's CWE studio/apartment rent got bumped up on latest lease).
As far as getting back on CORTEX. Any thoughts of an end of year announcement or update with Aloft, proposed housing and or update on Crescent building progress? The new garage certainly bodes well for infill in the immediate area. Of course another one to put to the thread, who thinks Square will stay put in and expand solely in CORTEX? or will they anchor/kick off Railway Exchange Development?
As far as getting back on CORTEX. Any thoughts of an end of year announcement or update with Aloft, proposed housing and or update on Crescent building progress? The new garage certainly bodes well for infill in the immediate area. Of course another one to put to the thread, who thinks Square will stay put in and expand solely in CORTEX? or will they anchor/kick off Railway Exchange Development?
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Agree with this. I would like to see Cortex more startup based and the big companies set up shop somewhere else in the city.Chalupas54 wrote: ↑Dec 19, 2017I see them going to RX. I'd really like to see Cortex focus more on being StartUp based, etc.
Cortex turns to Midas Hospitality to develop Aloft Hotel - St. Louis Business Journal
Dec. 20th, 2017
After months of speculation over whether the first hotel in the Cortex innovation district might get off the ground, Cortex officials are moving forward on the Aloft Hotel project.
Cortex has turned to Maryland Heights-based Midas Hospitality to develop the $28 million, 129-room hotel, and construction is expected to begin in the second quarter of 2018 with an opening expected in the fall of 2019.
The hotel was part of Cortex’s planned third phase of construction announced in October 2016. The $170 million plan included the hotel along with a 180,000-square-foot technology office facility, a 200-unit apartment building and a 1,000-space parking garage. Developers struggled to put the financing together on the apartment building and parking garage, which were put on hold earlier this year.
The hotel, which operates under the Starwood flag, will feature Aloft’s signature WXYZ entertainment bar on the second floor that includes a glass wall that opens to a balcony overlooking the Cortex Commons.
https://www.bizjournals.com/stlouis/new ... aloft.html
Dec. 20th, 2017
After months of speculation over whether the first hotel in the Cortex innovation district might get off the ground, Cortex officials are moving forward on the Aloft Hotel project.
Cortex has turned to Maryland Heights-based Midas Hospitality to develop the $28 million, 129-room hotel, and construction is expected to begin in the second quarter of 2018 with an opening expected in the fall of 2019.
The hotel was part of Cortex’s planned third phase of construction announced in October 2016. The $170 million plan included the hotel along with a 180,000-square-foot technology office facility, a 200-unit apartment building and a 1,000-space parking garage. Developers struggled to put the financing together on the apartment building and parking garage, which were put on hold earlier this year.
The hotel, which operates under the Starwood flag, will feature Aloft’s signature WXYZ entertainment bar on the second floor that includes a glass wall that opens to a balcony overlooking the Cortex Commons.
https://www.bizjournals.com/stlouis/new ... aloft.html