$8 Billion In Development Is Reshaping This Missouri City

“There is almost $8 billion in development going on in the core of St. Louis — right now — and few people know about it,” said John Dubinsky, chairman of Stifel Bank & Trust and founder and former chairman of the Cortex Innovation Community.

This was the news shared in a recent article in the St. Louis Business Journal.

More than $7.9 billion in projects are recently completed or underway from the Gateway Arch to Washington University. They include more than $300 million at Washington University’s Danforth Campus, $500 million in Forest Park Southeast and the Central West End, $1 billion at Saint Louis University, and $1.3 billion at Cortex and the surrounding neighborhood.

Downtown projects include the $385 million Gateway Arch renovation, the $260 million Ballpark Village Phase II, and Union Station Aquarium and Jefferson Arms Building renovation, each a $100 million investment. And none of that is including the National Geospatial-Intelligence Agency’s expansion in north St. Louis, estimated to be a $1.75 billion project.

“In my career as an architect, I have never seen so much activity in a concentrated area,” said Steve Smith, who founded the development company Lawrence Group 35 years ago. “What is going on today — $8 billion — will transform the face of St. Louis to the world.”

Check out the full article on the growth in St. Louis here.

For more information on growing your business in Missouri check out our website, or contact Steve Johnson, CEO of Missouri Partnership, at 314.725.2688, or via our contact form, with any questions you might have, and to learn how Missouri Partnership can help with your business expansion and investment needs.

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