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International Institute’s “Move2STL” Program Recruits Immigrants With Legal Status

1 month ago

From St. Louis Post-Dispatch: Last year, a new initiative by the International Institute of St. Louis successfully brought in over 500 new residents, surpassing the nonprofit group’s goal of attracting 350 recent immigrants to a city and region that many leaders are trying to keep from shrinking. The initiative stalled in January when President Donald […]

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Tom Finan

New Single-Family Homes in Detroit Signal Reversal of Population Decline

1 month ago

From The Detroit Free Press: For those in the market to buy a home in Detroit, there are options beyond house rehabs or condos within buildings. There is now a modest yet growing inventory of newly constructed for-sale housing, particularly upscale townhomes and new single-family houses. These types of new developments weren’t as common in […]

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Rachel Finan

Greater St. Louis Scouting Hosts Construction “Pintwood Derby”at Tarlton HQ August 14th

1 month ago

Cub Scouts have been building Pinewood Derby cars and competing since 1953. With a name that’s a fun play on words, the construction industry “Pintwood” event is returning this year, combining beer, barbecue, fun, and the competitive nature of construction people to raise money for the Scouting movement. Generations of Scouts have carved, painted, and […]

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Rachel Finan

City Pushes Back on Single-Family Home in Midtown

1 month ago

From St. Louis Business Journal: A St. Louis panel on Wednesday considered a proposal for a single-family home being eyed along a commercial corridor in Midtown. The new home would be built by Scott and Teri Pohlman at 3126 Locust St. in Midtown Alley. It would be on a vacant parcel that has been long […]

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Rachel Finan

Missouri Considers Nuclear Energy Expansion at State Summit

1 month ago

From St. Louis Public Radio: Hundreds of people gathered in Columbia on Thursday to discuss nuclear energy expansion in Missouri. The Missouri Nuclear Summit convened lawmakers, business leaders and state and federal energy officials in the Missouri Theatre for discussions on how nuclear power plants could meet projected demand for energy. “It’s a priority of […]

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Rachel Finan

OK of $24M Sunset Hills Assisted Living Marks 125-Year-Old House for Demo

1 month ago

From St. Louis Business Journal: A $24 million assisted-living facility that would require demolishing a historic home has been given the green light. Harmony Homes, based in Sunset Hills, received unanimous approval Thursday night from the Maryland Heights City Council for its six-building assisted living project at 211 Midland Ave., said Mike Oligschlaeger, one of […]

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Rachel Finan

Marquette Homes Affordable Housing Getting Underway in Dutchtown

1 month ago

Building permits have been issued and work is beginning on the $26.3M “Marquette Homes” affordable housing program in the Dutchtown area of the City of St. Louis. The Marquette Homes project, a collaboration between Lutheran Development Group and Rise Community Development, involves the rehabilitation of six buildings and construction of three new ones in the […]

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Rachel Finan

HUD Auctions Off Paul Brown Lofts, New Owner’s Plans Unclear

1 month ago

From The St. Louis Business Journal: The Paul Brown Lofts in downtown St. Louis are slated to sell for $5.6 million. The U.S. Department of Housing and Urban Development Monday held a foreclosure auction for the 16-story apartment and retail building, with a winning bid of $5.6 million from Frank Zhang. HUD helped finance the […]

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Rachel Finan

Bankruptcy Wipes out $69M of Green Street Principal’s Debt

1 month ago

From St. Louis Post Dispatch: One of the leaders behind the Armory redevelopment in Midtown is off the hook for more than $69 million of debt as his bankruptcy case nears conclusion. The U.S. Bankruptcy Court of Eastern Missouri earlier this month discharged at least $69.3 million of unsecured claims filed by creditors against Kevin […]

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Rachel Finan

Columbia, MO Explores Loosening Rules for Accessory Dwelling Units

1 month ago

From KBIA: More than 30 community members recently gathered at the downtown office of non-profit Love Columbia to learn about something advocates hope could help alleviate Columbia’s housing shortage. The idea calls for loosening the rules for building Accessory Dwelling Units, or ADUs. ADUs can be attached to or detached from an existing house, but […]

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Rachel Finan

VIDEO: Leaders Celebrate Completion of 7th Street Streetscape From Ballpark to Washington Avenue

1 month ago

In cutting the ribbon Friday (July 18th) to celebrate the completion of construction on 7th Street project between Ballpark Village and Washington Avenue, leaders from the City and regional business and civic organizations highlighted the public-private partnerships driving real change and momentum in Downtown St. Louis. “The downtowns that people flood to are not the […]

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Tom Finan

Gershman Reports Q2 STL Real Estate Market Activity

1 month ago

Gershman Commercial Real Estate issued its Q2 St. Louis real market reports on Friday (July 18th). All information was collected from CoStar Group at the end of the second quarter and is subject to change. Office Market The St. Louis office market remained relatively steady in Q2 2025, with average asking rents holding at $22.22/square […]

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Tom Finan

At 100 Years Old, Caterpillar Pivots to Data Centers

1 month ago

From Fortune (Via Yahoo Finance): As the storied construction giant celebrates its centennial in 2025, Caterpillar’s growth has evolved to fit the economic zeitgeist—now much of its new business is focused on powering the data center boom. In fact, 2024 was the first year the “energy and transportation” segment of Caterpillar (ranked No. 64 in […]

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Tom Finan

St. Louis Pauses Minority Business Program Amid Trump’s DEI Crackdown

1 month ago

From St. Louis Post-Dispatch: St. Louis officials have decided to suspend a program that certifies businesses as minority- and women-owned, citing the Trump administration’s opposition to diversity initiatives. St. Louis Development Corp. told applicants that “enforcement action” by the U.S. Department of Justice prompted the agency to put the CertifySTL program on hold while it […]

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Dede Hance

Smart Buildings Begin With Smarter Strategies

1 month ago

From Forbes: The most common challenge organizations face when making their building or spaces more intelligent is knowing where to begin. In conversations about smart buildings or workplace technology, there’s often an inclination to jump to the latest tools or features. But the real opportunity doesn’t lie in chasing the newest product. It’s about stepping […]

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Tom Finan

SLDC Commissions Virtual, Interactive Model to Explore UrbanChange

1 month ago

Editor’s Note: To explore ways to revitalize a historically underserved area, St. Louis Development Corporation (SLDC) commissioned a project focused on the Dr. Martin Luther King Drive corridor. SLDC worked with ESRI and other firms to create a lifelike, interactive city model that can be explored as if in a video game. From ESRI: In […]

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Tom Finan

80 Percent of Americans Have Felt Heat Exhaustion Signs, Study Shows

1 month ago

From ISHN: Project H.E.A.T. launches this month to provide heat safety education. 4 in 5 Americans have experienced the warning signs of heat exhaustion, according to a new survey for Extreme Heat Month this July from leading worker safety gear provider Ergodyne and fan-favorite hot sauce Cry Baby Craig’s. The survey marks the launch of […]

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Tom Finan

Dodge Construction Momentum Index Expanded 7% in June

1 month ago

From Dodge Construction Network: The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 6.8% in June to 225.1 (2000=100) from the downwardly revised May reading of 210.9. Over the month, commercial planning grew 7.3% while institutional planning improved 5.7%. “Nonresidential planning steadily improved in June, alongside strength in warehouse, recreational, and data center […]

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Tom Finan

Non-Residential Materials Up 2.5% Year Over Year; 43% Since February 2020

1 month ago

From ABC: Construction input prices increased 0.2% in June compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices increased 0.3% for the month. Overall construction input prices are 2.1% higher than a year ago, while […]

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Tom Finan

Equipment Share Changes Incorporation to Texas; HQ Still in Columbia, MO

1 month ago

EquipmentShare, a leading technology-driven equipment rental and solutions provider in the United States, announced today that it has officially moved its state of incorporation from Delaware to Texas, effective June 30, 2025. The decision reflects the company’s long-term growth strategy and its commitment to aligning its operations with the regions where it is most involved […]

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Tom Finan