Economy & Innovation

8:49 pm
Mon October 20, 2014

MoDOT To Test New Method Of Wrong-Way Accident Prevention

Credit MoDOT

Transportation officials are hoping a new pilot program will help cut down on the number of wrong-way accidents on Interstate-44 in St. Louis.

According to a press release from the Missouri Department of Transportation, there have been 25 crashes on I-44 caused by drivers headed in the wrong direction on the interstate in the last eight years.

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International business
3:38 pm
Fri October 17, 2014

BioSTL Creates Initiative To Attract Israeli Startups

Credit St. Louis Public Radio

The organization that focuses on promoting the St. Louis region's bio-science industries is reaching beyond the country's borders to accomplish its mission.

BioSTL launched the St. Louis-Israel Innovation Connection Friday with the aim of attracting Israeli bioscience starts to branch out into St. Louis.

Israel is second only to Silicon Valley when it comes to creating startups.

With many of those companies looking to expand into the U.S., St. Louis can be their destination, said BioSTL CEO and president Donn Rubin.

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St. Louis 250th Birthday
11:49 pm
Wed October 15, 2014

Super Secret Government Work Happens In Some Of St. Louis' Oldest Buildings

An aerial view of the National Geospatial-Intelligence Agency at 3200 South 2nd Street. Several buildings from the original federal arsenal survived from the 1830s. Most of the NGA's work takes place in the large buildings near the river.
(courtesy NGA) National Geospatial-Intelligence Agency, NGA

It’s a top national security facility in St. Louis that’s flown under the radar for years.

The National Geospatial-Intelligence Agency is hidden in plain sight on more than 20 acres that lie between the Anheuser-Busch Brewery and the Mississippi River. There are roughly 2,500 NGA employees there, working on highly secretive projects. The maps, charts and strategic intelligence they provide are used by the president, national policy makers and military leaders.

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Urban renewal
5:20 pm
Wed October 15, 2014

Detroit And St. Louis Exchange Ideas For Economic Development

Detroit skyline. A group of Detroit Revitalization Fellows visited St. Louis this week to compare and contrast what's happening to rebuild each city.
Credit (Flickr, Bernt Rostad)

Detroit and St. Louis can learn from one another.

That was the idea behind a visit to St. Louis by a group of Detroit community development professionals this week.

The Detroit Revitalization Fellows met with representatives from Preservation Research St. Louis, Washington University Medical Center Redevelopment Corporation, Old North St. Louis Restoration Group, Northside Regeneration and Cortex.

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St. Louis Startups
12:12 pm
Tue October 14, 2014

Entrepreneurial Ace Touts St. Louis Startups

Revolution LLC CEO Steve Case
Credit Revolution LLC

A high-profile entrepreneur is calling on the community to do more to support St. Louis-area startups.

"We just need to tell that story. That’s not to say that Silicon Valley won’t continue to be great and New York City isn’t great and Boston isn’t great, but St. Louis is great too," said A-O-L Co-Founder Steve Case during a stop on Friday at Washington University.

"There should be some degree of skepticism when people are talking about new ideas, but give entrepreneurs the benefit of the doubt."

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St. Louis Parking Meters
5:16 pm
Thu October 9, 2014

St. Louis Considers Raising Parking Fees to Fund Upgraded Meters

A report being considered by the St. Louis parking commission suggests increasing parking rates in the city. That would help fund upgraded meters, like this one that takes credit cards.
Credit Paul Sableman, Flickr

St. Louis' coin-only parking meters may get a technology upgrade, but it might cost you more to use them.

On Thursday, the city's parking commission reviewed initial recommendations to raise parking rates by next year. The suggestions come from a preliminary report commissioned by the city that evaluates its parking system. 

The commission is considering raising hourly meter rates from $1 to $1.50 in busy downtown areas, and from $0.75 to $1 in lower demand areas. Some violation fees also would increase.

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Economy & Innovation
5:09 pm
Wed October 8, 2014

Community Relations Group Works To Find Common Ground On Ferguson Issues

A new group outlines its goals of coordinating ideas and initiatives.
Credit Emanuele Berry

A handful community leaders publicly introduced the “Joint Community Relations Group” at Greater St. Mark Family Church on Wednesday. The people involved have been meeting privately during the past several weeks to discuss “strategies and tactics” to deal with the issues surrounding Ferguson.

The group consists of more than 50 politicians, police officials, clergy and activists.

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St. Louis on the Air
1:42 pm
Wed October 8, 2014

St. Louis Employers Seeking STEM Talent

Last month’s State of St. Louis Workforce report examined St. Louis’ economy and labor market, and the local demand for science, technology, engineering and mathematics talent.

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Unrest in Ferguson
5:07 pm
Tue October 7, 2014

With The Future Uncertain, Ferguson Real Estate Market Takes A Hit

Ferguson realtor Pearce Neikirk gives a tour of a single-family home on the north side of town. Since the unrest, the seller has reduced the home's price by $9,000.
Credit Emanuele Berry / St. Louis Public Radio

While giving a tour of a two-story, French colonial style home that's for sale on the north side of Ferguson, realtor Pearce Neikirk said the past months have been hard on his business.

“All of us are working without the rule book here,” Neikirk said. “We don’t know how to work with this kind of a situation.”

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Economy & Innovation
3:30 pm
Tue October 7, 2014

Monsanto To Give $1 Million To North County Initiatives

Monsanto's Chairman and CEO Hugh Grant.
Credit (courtesy Monsanto)

Monsanto is committing $1 million to support Ferguson and surrounding north St. Louis County communities.

Chairman and CEO Hugh Grant said Monsanto took its time and tried to strike the right balance between donating to short-term and long-term initiatives.

"[The non-profits] are also a balance of agencies we’ve worked with for many, many years and also some new initiatives that I think have tremendous potential to make change in the long-term," Grant said.

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